Cost of improving and maintaining older homes higher for new owners. Learn more in this America Counts story.





United States Census Bureau [ [link removed] ]





America Counts: Stories Behind the Numbers

House with fence and American flag [ [link removed] ]

Buying an Older Home? Consider Upkeep Costs, Not Just Purchase Price

Initial costs of upkeep were higher for new owners of older homes than for those who had lived in their homes for at least 10 years, according to recently released Census Bureau data.

The 2021 American Housing Survey (AHS) shows that in 2021, the median age of all owned homes was 41 years. Older homes ? those built before 1950 ? made up about 17% of homes and their owners spent a median of $1,800 a year on upkeep.

*Read More* [ [link removed] ]


Upkeep includes both home improvement projects such as remodeling a kitchen or installing a security system and routine maintenance such as painting, plumbing, roofing and other minor repairs.

The AHS asks homeowners how much they spent on home improvements over the previous two years, or since they moved in if they had lived in the home less than two years.

*Continue reading [ [link removed] ]*?to learn more about:


* Types of home improvement
* Spending by home size
* Spending by home value
* Characteristics of owners of older homes in 2021
* More housing data





Help us spread the word about America Counts!

Share this on social media or forward it to a friend.

*Share This* [ [link removed] ]






You May Be Interested In

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

The back side f a row of houses that leads to a grassy field. [ [link removed] ]

The largest category of vacant housing is seasonal housing, from beachfront homes to part-time residences, according to 2020 Census Demographic and Housing Characteristics data.?



*Learn More* [ [link removed] ]






About America Counts [ [link removed] ]

America Counts features stories on various topics including:?


* Families [ [link removed] ],?Housing [ [link removed] ],?Employment [ [link removed] ], Business [ [link removed] ],?Education [ [link removed] ],?Economy [ [link removed] ]?
* Emergency Management [ [link removed] ], Health [ [link removed] ], Population [ [link removed] ], Income and Poverty [ [link removed] ]

*For the Media:*?Contact our?Public Information Office [ [link removed] ]?for inquiries or interviews.?

Don't miss an America Counts story!?Use the button below to sign up and update your preferences.

*Subscribe* [ [link removed] ]








*Stay connected with us!*

Join the conversation on social media.

facebook [ [link removed] ]twitter [ [link removed] ]linkedin [ [link removed] ]youtube [ [link removed] ]instagram [ [link removed] ]

SUBSCRIBER SERVICES:

Subscriber Settings [ [link removed] ] ?|? Remove me from All Subscriptions [ [link removed] ]?|?Help [ [link removed] ]


________________________________________________________________________

This is an official email from the U.S. Census Bureau. If you have any questions or comments, please contact us ([link removed] [ [link removed] ]). ?
body .abe-column-block {min-height: 5px;} table.gd_combo_table img {margin-left:7px; margin-right:7px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}