The nation's homeownership rate was 65.0 percent in the first quarter of 2013, according to the Census Bureau. The quarterly homeownership rate hasn't been that low for 18 years—since the third quarter of 1995. Although the overall homeownership rate was identical in both time periods, in most age groups the rate is substantially lower today than in 1995. The aging of the population is all that has kept today's rate from falling even lower than 65 percent.
Here is the homeownership rate by age in the first quarter of 2013 (and the percentage point change in the rate since the third quarter of 1995)...
Under age 25: 20.8% (+3.8)
Aged 25 to 29: 34.4% (+0.6)
Aged 30 to 34: 48.9% (-4.9)
Aged 35 to 39: 55.3% (-6.7)
Aged 40 to 44: 64.4% (-4.6)
Aged 45 to 49: 69.4% (-4.7)
Aged 50 to 54: 73.1% (-3.9)
Aged 55 to 59: 75.7% (-2.4)
Aged 60 to 64: 78.5% (-2.0)
Aged 65 to 69: 80.2% (-0.7)
Aged 70 to 74: 82.8% (+1.8)
Aged 75-plus: 79.2% (+4.5)
Source: Census Bureau, Housing Vacancy Survey
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