Home Ownership Rates
There was a slight decline in homeownership rate in 2005 from
the recent high recorded in 2004, according to the Housing Vacancy
Survey, conducted by the US Census Bureau in conjunction with
the Current Population Survey.
The home ownership rate for 2005 was 68.9%, down slightly from
the recent high of 69.0% recorded in
2004. The 2004 rate was the highest rate since the Census Bureau began
reporting these statistics in 1965.
By region, home ownership in 2005 was highest in the Midwest
at 73.1%, followed by the South (70.8%), the Northeast (65.2%)
and the West (64.4%).
A distribution of housing units by occupancy follows for the
US:
| Type of Occupancy |
1996 estimate (000) |
1997 estimate (000) |
1998 Estimate (000) |
1999 Estimate (000) |
2000 Estimate (000) |
2001 Estimate (000) |
2002 Estimate (000) |
2003 Estimate (000) |
2004 Estimate (000) |
2005 Estimate (000) |
| All Housing Units |
114,139 |
115,621 |
117,282 |
119,044 |
119,628 |
121,478 |
119,297 |
120,834 |
122,187 |
123,925 |
| Occupied |
100,984 |
102,202 |
102,282 |
104,928 |
105,728 |
107,010 |
104,965 |
105,560 |
106,588 |
108,231 |
| Owner-occupied |
66,041 |
67,143 |
68,638 |
70,097 |
71,250 |
72,593 |
71,278 |
72,054 |
73,575 |
74,553 |
| Renter-occupied |
34,943 |
35,059 |
34,896 |
34,831 |
34,470 |
34,417 |
33,687 |
33,506 |
33,013 |
33,678 |
| Vacant (including year-round and seasonal) |
13,155 |
13,419 |
13,748 |
14,116 |
13,908 |
14,470 |
14,332 |
15,274 |
15,599 |
15,694 |
The state with the highest home ownership rate in 2005 was
West Virginia (81.3%), followed by Mississippi (78.8%) and
Alabama (76.6%). The state
with the lowest home ownership rate in 2005 was the District of
Columbia (45.8%), followed by New York (54.8%) and
California at 59.7%. Maps
illustrating home ownership rate by state are as follows:
- 2005 home ownership rate: Acrobat
- 2004 home ownership rate: Acrobat
- 2003 home ownership rate: Acrobat
- 2002 home ownership rate: Acrobat
- 2001 home ownership rate: GIF | Acrobat
- 2000 home ownership rate: GIF | Acrobat
- 1999 home ownership rate: GIF | Acrobat
- 1998 home ownership rate: GIF | Acrobat
- 1997 home ownership rate: GIF | Acrobat
- 1996 home ownership rate: GIF | Acrobat
- Change 2004 to 2005 home ownership rate:
Acrobat
- Change 2003 to 2004 home ownership rate:
Acrobat
- Change 2002 to 2003 home ownership rate:
Acrobat
- Change 2001 to 2002 home ownership rate:
Acrobat
- Change 2001 to 2002 home ownership rate:
Acrobat
- Change 2000 to 2001 home ownership rate:
GIF
| Acrobat
- Change 1999 to 2000 home ownership rate:
GIF
| Acrobat
- Change 1998 to 1999 home ownership rate:
GIF
| Acrobat
- Change 1997 to 1998 home ownership rate:
GIF
| Acrobat
- Change 1996 to 1997 home ownership rate:
GIF
| Acrobat
The following table illustrates 1996-2005 home ownership by
age of householder:
| Age of Householder |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
| Less than 35 years |
39.1% |
38.7% |
39.3% |
39.7% |
40.7% |
41.2% |
41.3% |
42.2% |
43.1% |
43.0% |
| 35 to 44 years |
65.5% |
66.1% |
66.9% |
67.2% |
67.8% |
68.2% |
68.6% |
68.3% |
69.2% |
69.3% |
| 45 to 54 years |
75.6% |
75.8% |
75.7% |
76.0% |
76.5% |
76.7% |
76.3% |
76.6% |
77.2% |
76.6% |
| 55 to 64 years |
80.0% |
80.1% |
80.9% |
81.0% |
80.3% |
81.3% |
81.1% |
81.4% |
81.7% |
81.2% |
| 65 years or over |
78.9% |
79.1% |
79.3% |
80.1% |
80.4% |
80.3% |
80.6% |
80.5% |
81.1% |
80.6% |
The following table illustrates 1996-2005 home ownership rate
by type of household:
| Type of Household |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
| All Households |
65.4% |
65.7% |
66.3% |
66.8% |
67.4% |
67.8% |
67.9% |
68.3% |
69.0% |
68.9% |
| Married Couple Families |
80.2% |
80.8% |
81.5% |
81.8% |
82.4% |
82.9% |
82.9% |
83.3% |
84.0% |
84.2% |
| Male Householder Family, No Wife Present |
55.5% |
54.0% |
55.7% |
56.1% |
57.5% |
57.9% |
57.3% |
57.9% |
59.6% |
59.1% |
| Female Householder Family, No Husband Present |
46.1% |
46.1% |
47.0% |
48.2% |
49.1`% |
49.9% |
49.2% |
49.6% |
50.9% |
51.0% |
| One-Person Household, Male Householder |
44.9% |
45.2% |
45.7% |
46.3% |
47.4% |
48.2% |
48.6% |
50.0% |
50.5% |
50.3% |
| One-Person Household, Female Householder |
56.0% |
56.7% |
56.9% |
57.6% |
58.1% |
59.0% |
59.6% |
59.1% |
59.9% |
59.6% |
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