Rate of homeownership higher than before pandemic in all regions. Read more in this America Counts story.





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America Counts: Stories Behind the Numbers

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Younger Householders Drove Rebound in U.S. Homeownership

The U.S. homeownership rate in 2022 was even higher than before the COVID-19 pandemic ? 65.8% compared to 64.6% in 2019 ? a rebound driven largely by those age 44 and younger, according to the Census Bureau?s Current Population Survey/Housing Vacancy Survey (CPS/HVS).

Homeownership continued to climb from the downturn following the foreclosure crisis (2004) and Great Recession (2008), when rates dipped as low as 63.4% in 2016. Homeownership rates recovered approximately half of the 5.6% decrease from 2004 to 2016.

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The recovery began before the pandemic hit the United States in March 2020: rates rose 1.2 points from 2016 to 2019, and by another 1.2 points from 2019 to 2022.

The pandemic disrupted CPS/HVS data collection operations in 2020 and part of 2021. As a result, it is difficult to know whether the homeownership rate grew during each year of the pandemic.

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Younger householders fueling the homeownership increase


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Homeownership increasing in all regions


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Homeownership increasing among all racial/ethnic groups


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The?Current Population Survey/Housing Vacancy Survey






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See a Vacant Home? It May Not be For Sale or Rent

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The largest category of vacant housing is seasonal housing, from beachfront homes to part-time residences.



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