Homeownership rate of householders aged 35 to 39, third quarter 2019: 56.5%
The homeownership rate of the 35-to-39 age group was stable in the third quarter of 2019, just 0.4 percentage points higher than the second quarter rate and not a significant increase. The homeownership rate of the age group peaked at 65.7 percent in 2007. It bottomed out at 55.0 in the fourth quarter of 2016. The current rate is much closer to the bottom than the top.
What about their younger counterparts? Householders aged 30 to 34 were once the nation's first-time home buyers—defined as the age group in which the homeownership rate first surpasses 50 percent. The homeownership rate of 30-to-34-year-olds crept up to 47.9 percent in the third quarter of 2019, not statistically different from the 47.5 percent of the previous quarter. The homeownership rate of the age group peaked at 55.3 percent in 2007, fell below 50 percent in 2011, and has been stuck below that level ever since.
What about their younger counterparts? Householders aged 30 to 34 were once the nation's first-time home buyers—defined as the age group in which the homeownership rate first surpasses 50 percent. The homeownership rate of 30-to-34-year-olds crept up to 47.9 percent in the third quarter of 2019, not statistically different from the 47.5 percent of the previous quarter. The homeownership rate of the age group peaked at 55.3 percent in 2007, fell below 50 percent in 2011, and has been stuck below that level ever since.
Nationally, the homeownership rate was 64.8 percent in the third quarter of 2019, not statistically different from the rate one year earlier. The homeownership rate reached an all-time high of 69.0 percent in 2004.
Source: Census Bureau, Housing Vacancy Survey
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