Homeownership rate of householders aged 30 to 34, second quarter 2021: 48.0%
Homeownership rates in the second quarter of 2021 are little changed from the first quarter rates and well below the levels recorded in 2020—when the coronavirus pandemic greatly reduced the response rate to the Census Bureau's Housing Vacancy Survey and consequently distorted homeownership trends.
The overall homeownership rate in the second quarter of 2021 was 65.4 percent, not significantly different from the 65.6 percent in the first quarter of 2021. The nation's homeownership rate peaked at 69.0 percent in 2004.
The homeownership rate of 30-to-34-year-olds (the age group in which householders typically buy their first home) was not significantly different from the 48.2 percent recorded in the first quarter of the year. Except for the 50.1 percent blip in the third quarter of 2020, the homeownership rate of 30-to-34-year-olds has been below 50 percent in every quarter since the second quarter of 2011—the aftermath of the Great Recession. Until 2011, the age group's homeownership rate had never sunk below 50 percent in the data series that began in 1982.
Homeownership rate of householders aged 30 to 34 for selected years, 1982 to 2020 and by quarter in 2021
2021: 48.0% (second quarter)
2021: 48.2% (first quarter)
2020: 49.1% (pandemic bump)
2019: 48.0%
2016: 45.4% (low point)
2015: 45.9%
2011: 49.8% (first time below 50 percent)
2010: 51.6%
2004: 57.4% (high point)
2000: 54.6%
1990: 51.8%
1982: 57.1%
Source: Census Bureau, Housing Vacancy Survey
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