Percentage Of Homeownership By Decade And By State

Dated: 10/27/2016

Views: 60

Percentage of Homeownership by Decade and by State | MyKCM


There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. When comparing these two figures, there is some room for concern regarding the difference.

However, today we want to shine some light on the issue by:

  1. Showing what historic homeownership rates have looked like over the last 130 years.

  2. Breaking down the current percentages by state.

Historic Homeownership Rates:

Percentage of Homeownership by Decade and by State | MyKCM

Current Homeownership Rates by State:

Percentage of Homeownership by Decade and by State | MyKCM

All of the states that you see in blue on the map above have a greater homeownership rate than the national average.

Bottom Line

Though the homeownership rate has fallen recently, the percentage is still at a healthy rate compared to historic numbers, and most states currently have a higher percentage than the national average.


Contact:

Jeff Hannan

[email protected]

520-349-8766

Latest Blog Posts

Closet Storage System Basics

Your new home has an amazingly huge closet, but a startling lack of places to hang stuff. Sure, you could pile all your extra clothing, shoes and accessories in the corner, or move your antique

Read More

Rents Are On The Rise Dont Get Caught In The Rental Trap

There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage.Don’t Become Trapped

Read More

The 5 Greatest Benefits Of Home Ownership

Recently, Freddie Mac reported on the benefits of home ownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.”ONE:

Read More

Home Ownership Tax Loophole Best Gift From The Government Today

Home Ownership Tax "Loophole" Best Gift From The Government Today!The government seems to spend its time finding ways to increase taxes…In 2013, income taxes for America's top earners increased.

Read More