The cost of homeownership continues to rise. Explore data highlights on housing, income, poverty, and health insurance.





United States Census Bureau [ [link removed] ]





New Statistics from the 2024 American Community Survey 1-Year Estimates [ [link removed] ]

The Cost of Homeownership Continues to Rise

*SEPT. 11, 2025* – The median monthly owner costs for U.S. homeowners with a mortgage increased to $2,035 in 2024 from $1,960 (inflation-adjusted) in 2023, according to new American Community Survey (ACS) 1-year estimates released today by the U.S. Census Bureau.

“One way we measure housing affordability is based on how much households spend on selected costs such as mortgage payments, insurance, taxes, utilities, and various fees,” said Jacob Fabina, a Census Bureau economist. “In 2024, the median percentage of income householders with a mortgage spent on these costs was 21.4%, which points to an increased burden on homeowners.”

*Read More* [ [link removed] ]


Median monthly owner costs increased 3.8% from 2023 to 2024, more than the increase of 3.0% from 2022 ($1,902) to 2023. This increase was primarily driven by higher mortgage costs and insurance fees.   

"Continue reading [ [link removed] ] to explore more data highlights on housing, income, poverty, and health insurance. "

Gray Divider
?? New on America Counts

Get insights from 2024 American Community Survey data released today in three new stories on America Counts [ [link removed] ].

A smiling woman holds keys to her new home with her realtor in the background [ [link removed] ]

*Recent Homebuyers Face Highest Mortgage Payments in Nearly Two Decades [ [link removed] ]*

Recent homebuyers in 2024 faced higher mortgage payments than those who moved into homes three years earlier, despite living in lower-valued homes. 


Gray Divider
A healthcare provider checks a baby while it is held by its mother [ [link removed] ]

*Uninsured Rates Up in 18 States and District of Columbia [ [link removed] ]*

Declines in Medicaid coverage rates in 30 states drove up state uninsured rates from 2023 to 2024.


Gray Divider
A condo building viewed from the parking lot [ [link removed] ]

*Nearly a Quarter of Homeowners Paid Condo or HOA Fees in 2024 [ [link removed] ]*

Condo or homeowners association fees topped $500 monthly for about 3 million households in 2024. 







Stay Connected with the Census Bureau

Follow us on our social media channels, Facebook [ [link removed] ], Instagram [ [link removed] ], LinkedIn [ [link removed] ], Twitter/X [ [link removed] ], and YouTube [ [link removed] ], so you never miss an update.

Stay Connected With Us on Social Media [ [link removed] ]

*Follow Us* [ [link removed] ]






?? You May Be Interested In

* *Press Kit: *2024 American Community Survey 1-Year Estimates [ [link removed] ]
* *Blog: *Understanding the 2024 American Community Survey 1-Year Estimates [ [link removed] ]
* *Infographic:* Homeownership: 2024 [ [link removed] ]
* *Infographic: *Housing Costs: 2024 [ [link removed] ]





About the Census Bureau

We serve as the nation’s leading provider of quality data about its people and economy. The Census Bureau is the federal government's largest statistical agency. As the world’s premier statistical agency, we are dedicated to making our nation a better place. Policy-makers, businesses, and the public use our data to make informed decisions.

Resources for Media

For media interviews, please contact the Public Information Office [ [link removed] ] Toll Free at 877-861-2010, 301-763-3030, or [email protected]. 

Subscribe [ [link removed] ] | Manage Subscriptions [ [link removed] ] | Unsubscribe [ [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;}