Tuesday, February 21, 2017

2016 Homeownership Falls to 63.4%

The homeownership rate in 2016 fell to 63.4 percent, according to the Census Bureau's Housing Vacancies and Homeownership Survey—down another 0.3 percentage points in the past year. To find a lower homeownership rate, you have to go all the way back to 1965. Since homeownership peaked in 2004, the rate has fallen by 5.6 percentage points.

Homeownership rate
2016: 63.4%
2015: 63.7%
2010: 66.9%
2004: 69.0% (peak year)
2000: 67.4%
1990: 63.9%
1980: 65.6%
1970: 64.2%
1960: 62.1%

Source: Census Bureau, Housing Vacancies and Homeownership

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