Author:\u00a0Eliza Theiss<\/a><\/strong><\/p>\n\t The United States homeownership rate represents the percentage of occupied housing units where the resident is also the owner. A constantly evolving figure, the United States homeownership rate currently rests at 65%, while renter-occupied housing units make up 35% of the national stock. <\/p>\n Economic factors, wage evolution, increasing home prices, lifestyle choices and generational preferences are all significant contributors to the changing landscape of housing.\u00a0\u00a0<\/p>\n Considering the abundance of factors that impact the U.S. rate of homeownership, it has dipped and grown throughout the years:\u00a0<\/p>\n\t\t\t\t\t What is the percentage of homeownership in the U.S.?<\/p>\n\t\t\t\t\t The U.S. has a homeownership rate of 65%<\/strong>.\u00a0<\/p>\n\t\t\t\t\t What is the percentage of renter-occupied housing in the U.S.?\u00a0<\/p>\n\t\t\t\t\t The U.S. has a renter-occupied housing rate of 35%<\/strong>.\u00a0<\/p>\n\t Homeownership stats can vary significantly from state to state, influenced by domestic migration trends, population density, stock, as well the economies, education opportunities and lifestyle trends of specific states. Drilling down to an even more detailed background, figures also noticeably vary when it comes to homeownership rates by city, with many of the most vibrant large urban centers experiencing declining homeownership stats.\u00a0<\/p>\n Analyzing homeownership percentages in the U.S., coastal and southern states have seen a sharper decline compared to landlocked states over the past years, especially in states like New York or California, where the local population tends to be concentrated into urban centers. Conversely, states with lower population densities and home prices averaging below the national median tend to have higher homeownership rates.\u00a0\u00a0<\/p>\n Get a clear overview of homeownership rates by state by exploring the table below. See the percentage of owner-occupied and renter-occupied housing in each state:\u00a0<\/p>\n\t\t\t\t\t What state has the lowest rate of homeownership?<\/p>\n\t\t\t\t\t The state with the lowest rate of homeownership rate is New York<\/strong> with<\/strong> 54.3%<\/strong>.<\/p>\n However, Washington, D.C.<\/strong> has the lowest rate of homeownership of all U.S. states and territories at just 40.9%<\/strong>.<\/p>\n\t\t\t\t\t What state has the highest rate of homeownership?<\/p>\n\t\t\t\t\t The state with the highest rate of homeownership is West Virginia with 75.5%<\/strong>.<\/p>\n\t For a quick overview of the U.S. homeownership percentage at the state level – and also including Washington, D.C. and Puerto Rico – explore the interactive map below. Hover over or zoom in on each state or territory to quickly see the percentage of owner-occupied housing and the percentage of renter-occupied housing.<\/p>\n\t Homeownership rates by city can widely vary even when located in close geographic proximity, depending on a wealth of factors from economic, employment and education opportunities to population density and migration, home prices and development pipelines among many others.<\/p>\n To get an idea of homeownership rates in the 100 largest cities in the U.S.<\/strong>, explore the data below to see where your city lands.<\/p>\n\t\t\t\t\t What city has the lowest rate of homeownership?<\/p>\n\t\t\t\t\t The city with the lowest rate of homeownership is Newark, NJ at 23.5%<\/strong>.<\/p>\n\t\t\t\t\t What city has the highest rate of homeownership?<\/p>\n\t\t\t\t\t The city with the highest rate of homeownership is Port St. Lucie, FL at 82.3%<\/strong>.<\/p>\n\t A wealth of factors influences the percentage of homeownership in the U.S., and at the state and city level, beyond the economy and home price trends. Education and employment opportunities, the climate; safety; population density; domestic migration trends; available housing stock; residential development pipeline; and generational preferences all influence the U.S. homeownership percentage.<\/p>\n\t Homeownership by age and generation<\/strong><\/p>\n It’s expected that the percentage of homeowners will increase by age and that older, more financially established generations would have higher homeownership rates than young adults just entering the job market.<\/p>\n Specifically, Baby Boomers make up the largest percentage of homeowners by generation and age, representing about two-thirds of owners. At the same time, only a third of Millennials are owners, despite making up the bulk of would-be homebuyers, held back by rent costs, supply shortages – especially when it comes to starter homes – as well as disparities between wage growth trends and housing price increases.<\/p>\n\t Population density and domestic migration trends are also major influencers of homeownership rates by state. Major influencers of noticeably lower homeownership rates in densely populated cities are high demand that often outpaces supply, higher land and development costs, and higher rent expenses, all of which contribute to higher home prices and lower homeownership rates.<\/p>\n\t One factor that does not directly influence the U.S. homeownership percentage is property tax rates. Although some states with low property taxes<\/a> do have a significantly higher rate of homeownership than those with high levels of taxation, there is no clear correlation between a state’s level of property taxation and its homeownership rates.<\/p>\n For example, Delaware features one of the lowest property tax rates in the U.S. at 0.50%, as well as one of the highest rate of homeownership of any state, with 73.8% of its residential real estate being owner-occupied. Alternatively, Vermont’s 1.71% average effective rate is one the top five highest effective property tax rates<\/a> in the U.S., but the state still has one the top five highest homeownership rates in the country with 73.2% of its housing owner-occupied.<\/p>\n State-to-state migration – also referred to as domestic migration – is an important driver of changing demographics within the U.S. Education and employment opportunities are two of the biggest factors for domestic migration, followed by urbanization, proximity to family, home prices, climate, lifestyle preferences and more. The overall tax environment and a state’s social safety services, as well as its incentives, also contribute to state-to-state migration.<\/p>\n Explore the table below for a quick overview of each state’s total population, population inflow and outflow, and overall net migration.<\/p>\n\t Among the main drivers of homeownership rates by state are available inventory levels and the new home construction supply pipeline: tight inventories and supply pipelines generally limit homeownership rates, especially for first-time buyers looking for starter homes.<\/p>\n\t Although most non-institutional homeowners will occupy their home as a primary residence, some homeowners rent their properties out for an additional source of income. Additionally, some owners possess multiple properties that they use only sporadically or not at all. As a result, homes can be categorized as owner-occupied and owner-vacant.<\/p>\n Explore the table below for additional insights on the percentage of homeownership in the U.S. and details on occupancy rates:<\/p>\n\t\t\t\t\t What state has the lowest rate of owner-vacant homes?<\/p>\n\t\t\t\t\t The state with the lowest rate of owner-vacant homes is Vermont at 0.3%<\/strong>.<\/p>\n\t\t\t\t\t What state has the highest rate of owner-vacant homes?<\/p>\n\t\t\t\t\t The state with the highest rate of owner-vacant homes is Florida at 1.7%. <\/strong>Although not a state,\u00a0Washington, D.C.’s 1.9%<\/strong> owner-vacant home rate is the overall highest.\u00a0<\/p>\n\t Data concerning the state median home value, the median household income, occupied housing units, owner-occupied housing units, renter-occupied housing units, domestic migration, as well as population inflow and population outflow was extracted from the U.S. Census Bureau’s American Community Survey 1-Year Estimates for 2024, released in September 2025. Data concerning Washington, D.C. and the Commonwealth of Puerto Rico was extracted from the same sources.<\/p>\n Information regarding owner-vacant housing has been sourced from the U.S. Census Bureau’s Housing Vacancies and Homeownership coverage.<\/p>\n Information on homeownership rates by age was extracted from the U.S. Census Bureau’s March 2024 Current Population Survey\/Housing Vacancy Survey.<\/p>\n New construction starts data was extracted from the U.S. Census Bureau’s January 2024 Building Permits Survey. The data is preliminary and could be subject to change.<\/p>\n The percentage of owner-occupied housing units\u202fhas been calculated dividing the number of owner-occupied housing units by the number of occupied housing units in each state. The percentage of renter-occupied housing units has been calculated by dividing the number of renter-occupied housing units by the number of occupied housing units in each state.<\/p>\n Inflow has been defined as the number of people that have moved to one specific state from the rest of the U.S. Outflow has been defined as the number of people that have moved from one specific state to the rest of the U.S. Net migration has been calculated by determining the difference between population inflow and outflow in each state.<\/p>\n We encourage and freely grant permission to reuse and repost information, analysis, charts, tables, and images included on this page. When doing so, we only ask that you link back to this page or PropertyShark.com as the official source.\u00a0<\/p>\n Information, statistics and analysis provided by PropertyShark have been covered by thousands of news outlets and publications that rely on PropertyShark for accurate and reliable real estate data, including The New York Times<\/i>, Bloomberg<\/i>, The Wall Street Journal<\/i>, Forbes <\/i>and The Real Deal<\/i>.\u00a0<\/p>\n\t\t\t\t Information provided on this page is purely informational and is not, and should not be regarded as, investment advice.\u00a0<\/p>\n\t\t\t\t\n\t\t\t\t Eliza Theiss<\/a><\/strong><\/p>\n Senior Writer<\/em><\/p>\n\t Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com<\/p>\n\t Other Useful Resources<\/strong><\/p>\n Property Records & Owners Search<\/a> | Property Taxes by State<\/a> | Cheapest States to Buy a House<\/a> |\u00a0Property Title Search<\/a> | All About Buying a Co-op<\/a> |\u00a0Reverse Mortgage Foreclosures<\/a>\u00a0| Real Estate Transfer Taxes by State<\/a> | NYC Real Estate Transfer Taxes<\/a> |\u00a0Mortgages for 1099 Employees<\/a><\/p>\n <\/p>\n\n","protected":false},"excerpt":{"rendered":" Homeownership Rates in the U.S. by State and City Last updated March 2026.\u00a0 Author:\u00a0Eliza Theiss The United States homeownership rate represents the percentage of occupied housing units where the resident is also the owner. A constantly evolving figure, the United States homeownership rate currently rests at 65%, while renter-occupied housing units make up 35% of…<\/p>\n","protected":false},"author":1769,"featured_media":1115,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"node_moved":[],"footnotes":""},"class_list":["post-1187","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\n![\"Homeownership](\"https:\/\/datawrapper.dwcdn.net\/bJdgv\/full.png\")
\n\n\t\t\tHomeownership by State\t<\/h2>\n\t
![\"Table\"](\"https:\/\/datawrapper.dwcdn.net\/eK920\/full.png\")
\n\n\t\t\tMap of Homeownership by State\t<\/h2>\n\t
![\"Homeownership](\"https:\/\/datawrapper.dwcdn.net\/wRF96\/full.png\")
\n\n\t\t\tHomeownership Rates by City\t<\/h2>\n\t
![\"Table\"](\"https:\/\/datawrapper.dwcdn.net\/2zkHB\/full.png\")
\n\n\t\t\tDrivers of Homeownership\t<\/h2>\n\t
![\"Homeownership](\"https:\/\/datawrapper.dwcdn.net\/oPvne\/full.png\")
\n\tHomeownership rate and home pricing<\/strong><\/h4>\n
![\"Table\"](\"https:\/\/datawrapper.dwcdn.net\/z0wOL\/full.png\")
\n\tHomeownership rate and property taxes<\/strong><\/h4>\n
\n\t\t\tDomestic Migration\t<\/h2>\n\t
![\"Table\"](\"https:\/\/datawrapper.dwcdn.net\/QoKpu\/full.png\")
\n\n\t\t\tNew Construction Deliveries in the U.S.\u00a0\t<\/h2>\n\t
![\"Housing](\"https:\/\/datawrapper.dwcdn.net\/ZFAzP\/full.png\")
\n\t\t\t\t![\"\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/plugins\/bb-plugin\/img\/pixel.png\"){kind=tracking}
\n\n\t\t\tOwner-Occupied & Owner-Vacant Homeownership Rates\t<\/h2>\n\t
![\"Table\"](\"https:\/\/datawrapper.dwcdn.net\/jptHR\/full.png\")
\n\n\t\t\tMethodology\t<\/h4>\n\t
\n\t\t\tFair Use and Redistribution\u00a0\u00a0\t<\/h4>\n\t
![\"CNN_Money_logo@2x\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2022\/05\/CNN_Money_logo@2x.png\" "\\"CNN_Money_logo@2x\\""){kind=logo}
\n\t\t\t\t![\"NewYork_logo@2x\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2022\/05\/NewYork_logo@2x.png\" "\\"NewYork_logo@2x\\""){kind=logo}
\n\t\t\t\t![\"Bloomberg@2x\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2022\/05\/Bloomberg@2x.png\" "\\"Bloomberg@2x\\"")
\n\t\t\t\t![\"Los_Angeles_Times_logo@2x\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2022\/05\/Los_Angeles_Times_logo@2x.png\" "\\"Los_Angeles_Times_logo@2x\\""){kind=logo}
\n\t\t\t\t![\"TheRealDeal_logo@2x\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2022\/05\/TheRealDeal_logo@2x.png\" "\\"TheRealDeal_logo@2x\\""){kind=logo}
\n\t\t\t\t![\"WSJ_logo@2x\"](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2022\/05\/WSJ_logo@2x.png\" "\\"WSJ_logo@2x\\""){kind=logo}
\n\n\t\t\tDisclaimer\t<\/h4>\n\t
![\"Eliza](\"https:\/\/www.propertyshark.com\/info\/wp-content\/uploads\/sites\/74\/2024\/09\/ceca5c0df08ca364b91a81a0eb393746.jpeg\" "\\"ceca5c0df08ca364b91a81a0eb393746\\"")
\n\t\t\t\t<\/a>\n\t