Percentage Of Homeownership By Decade And By State

Percentage Of Homeownership By Decade And By State

Percentage of Homeownership by Decade and by State

Percentage of Homeownership by Decade and by State | MyKCM

There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. When comparing these two figures, there is some room for concern regarding the difference.

However, today we want to shine some light on the issue by:

  1. Showing what historic homeownership rates have looked like over the last 130 years.

  2. Breaking down the current percentages by state.

Historic Homeownership Rates:

Percentage of Homeownership by Decade and by State | MyKCM

Current Homeownership Rates by State:

Percentage of Homeownership by Decade and by State | MyKCM

All of the states that you see in blue on the map above have a greater homeownership rate than the national average.

Bottom Line

Though the homeownership rate has fallen recently, the percentage is still at a healthy rate compared to historic numbers, and most states currently have a higher percentage than the national average.


Bonnie Lelak Headshot
Author:
Phone: 404-788-2580
Dated: October 28th 2016
Views: 68
About Bonnie: Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program ho...

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