Nearly All U.S. Counties Had More Homeowners Than Renters Between 2019 and 2023
The number of owner-occupied housing units increased by 8.4%, from 76.4 million in 2014-2018 to 82.9 million in 2019-2023, according to newly released U.S. Census Bureau data.
The 2019-2023 American Community Survey (ACS) 5-year estimates show that more people owned homes than rented in 3,070 of the nation’s 3,144 counties and county equivalents between 2019 and 2023.
Additionally, home values increased 21.7% between the 2014-2018 ACS 5-year estimates and the 2019-2023 ACS 5-year estimates, going from a median of $249,400 to $303,400 (estimates from 2014-2018 are adjusted for inflation).
The counties with some of the largest dollar amount increases were Pitkin County, Colorado ($758,800 to $1,131,200); Teton County, Wyoming ($1,007,200 to $1,371,900); Dukes County, Massachusetts ($812,400 to $1,104,100); San Mateo ($1,210,100 to $1,494,500) and Santa Clara ($1,111,400 to $1,382,800) counties in California; and Summit County, Utah ($729,000 to $1,000,400).
Continue reading for additional data highlights on housing, income, poverty and more.
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