Renting vs. Owning a Home, by State
Among households in the United States, 68% are owned and 32% are rented, based on estimates from the American Community Survey in 2021. That breakdown isn’t uniform across the country though. In Maine, almost 80% of households are owned, whereas in California, less than 60% is owned. In Washington, D.C., it’s less than half. Here are the splits for each state.
Households that are owned and rented
Maine has the lowest renting rate. Washington, D.C. has the highest.
There’s a difference between owning a home outright and paying down a mortgage. The data offers sub-categories for renting and owning. The chart below also splits up households by number of bedrooms.
By Number of Bedrooms
Most people who “own” a home are paying down a mortgage or loan, and households with more rooms are less likely to have been paid off.
The above varies by state (of course), albeit more subtle.
By Number of Bedrooms, by State
I think there’s something in the predominant four-bedroom in places like Vermont and Oklahoma versus the more evenly distributed room counts in places like Colorado and Washington.
It’ll be interesting to see how these distributions change with more recent data. Sitting here in California, the current mortgage rates are looking painful, which I’m guessing is going to increase the share of renting.
People get married at various ages, but there are definite trends that vary across demographic groups. What do these trends look like?
Shifting Incomes for American Jobs
For various occupations, the difference between the person who makes the most and the one who makes the least can be significant.
What are the ingredients that make each cuisine? I looked at 40,000 recipes spanning 20 cuisines and 6,714 ingredients to see what makes food taste different.