Homeownership Rate for the United States : 65.6% (As of 2024-07-01)
Historical Data
Basic Info
Homeownership Rate for the United States was 65.6 as of 2024-07-01, according to United States Census Bureau. Historically, Homeownership Rate for the United States reached a record high of 69.2 and a record low of 62.9, the median value is 64.8. Typical value range is from 63.8 to 66. The Year-Over-Year growth is -0.6%. GuruFocus provides the current actual value, an historical data chart and related indicators for Homeownership Rate for the United States - last updated on 2024-07-01.
This is a key metric that measures the percentage of homes that are occupied by their owners. It is calculated by dividing the number of owner-occupied housing units by the total number of occupied housing units. High homeownership rates are associated with wealth accumulation, economic security, and community stability.
Notes: Owner-occupied refers to a residential property in which the person or household that owns the property also resides. In other words, the owner lives in the home as their primary residence rather than renting it out to tenants or using it for business purposes.
Quarterly , not seasonally adjusted.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 65.6% | ||
| Latest Period | 2024-07-01 | ||
| Long Term Average | 64.87% | ||
| Average Annualized Growth Rate | +0.07% | ||
| Value from 1 year ago | 66% | ||
| Change from 1 year ago | -0.61% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | RHORUSQ156N.txt |
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