Homeownership by Region, Peak Year to 2016

Nationally, the rate of homeownership fell to 63.4 percent in 2016, according to the Census Bureau's Housing Vacancies and Homeownership survey. To find a lower homeownership rate, you have to go all the way back to 1965. But homeownership trends vary by region...

Northeast homeownership rate
2016: 60.2% (lowest rate since 1976)
2015: 60.9%
2005: 65.2% (peak year)

Midwest homeownership rate
2016: 68.4% (slightly higher than 2015)
2015: 68.3% (lowest rate since 1989)
2004: 73.8% (peak year)

South homeownership rate
2016: 65.0% (lowest rate since 1965)
2015: 65.1%
2004: 70.9% (peak year)

West homeownership rate
2016: 58.5% (lowest rate since 1987)
2015: 58.7%
2006: 64.7% (peak year)

Source: Census Bureau, Housing Vacancies and Homeownership