Change in Homeownership Rate
Definition
Percentage change in homeownership rate, 2005-2011.
Description
A home is an asset that allows stability, fosters long-term thinking, and builds both financial equity and commitment to a neighborhood. Homeownership is also the primary means through which most Americans build wealth. This indicator tracks the change, over time, of the homeownership rate.

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Change in Homeownership Rate
| State | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
| United States |
66.9% |
67.3% |
67.2% |
66.6% |
65.9% |
65.4% |
64.6% |
| Alabama |
70.5% |
71.8% |
70.9% |
71.0% |
69.6% |
70.1% |
69.9% |
| Alaska |
63.0% |
64.5% |
63.0% |
65.0% |
65.2% |
63.9% |
63.1% |
| Arizona |
68.2% |
68.5% |
68.1% |
68.1% |
67.1% |
65.2% |
63.7% |
| Arkansas |
67.8% |
68.3% |
67.7% |
67.4% |
66.0% |
67.4% |
66.6% |
| California |
58.4% |
58.4% |
58.0% |
57.0% |
56.6% |
55.6% |
54.9% |
| Colorado |
67.8% |
68.7% |
68.8% |
67.5% |
67.0% |
65.9% |
64.4% |
| Connecticut |
69.5% |
69.5% |
70.0% |
69.0% |
68.8% |
68.0% |
67.4% |
| Delaware |
72.4% |
74.4% |
72.5% |
73.5% |
73.6% |
73.0% |
71.6% |
| District of Columbia |
42.5% |
45.8% |
44.5% |
43.4% |
44.8% |
42.5% |
41.2% |
| Florida |
69.6% |
70.3% |
70.6% |
69.7% |
68.5% |
68.1% |
66.7% |
| Georgia |
66.8% |
67.7% |
68.5% |
67.4% |
67.0% |
66.2% |
64.6% |
| Hawaii |
59.7% |
59.5% |
59.6% |
59.1% |
56.7% |
58.0% |
56.8% |
| Idaho |
71.4% |
71.3% |
72.1% |
70.9% |
71.5% |
69.6% |
68.7% |
| Illinois |
69.9% |
69.9% |
70.1% |
69.3% |
68.0% |
67.7% |
67.3% |
| Indiana |
72.0% |
72.1% |
71.6% |
71.8% |
70.4% |
70.3% |
69.7% |
| Iowa |
73.1% |
73.3% |
73.7% |
72.9% |
72.1% |
72.4% |
72.4% |
| Kansas |
69.5% |
69.9% |
70.2% |
69.4% |
67.8% |
68.1% |
67.8% |
| Kentucky |
70.6% |
70.7% |
70.7% |
69.5% |
68.6% |
68.6% |
68.9% |
| Louisiana |
67.8% |
68.5% |
67.9% |
68.5% |
67.9% |
67.6% |
66.4% |
| Maine |
71.8% |
72.8% |
74.0% |
72.1% |
72.7% |
72.7% |
71.0% |
| Maryland |
69.0% |
69.4% |
69.9% |
69.5% |
68.6% |
67.0% |
67.3% |
| Massachusetts |
64.0% |
64.9% |
65.1% |
64.5% |
64.2% |
62.2% |
62.1% |
| Michigan |
74.7% |
75.2% |
74.8% |
74.0% |
73.2% |
72.8% |
71.7% |
| Minnesota |
75.8% |
76.3% |
75.2% |
74.7% |
73.7% |
73.0% |
72.8% |
| Mississippi |
69.9% |
70.7% |
71.3% |
70.1% |
69.5% |
69.8% |
69.8% |
| Missouri |
70.6% |
70.7% |
70.7% |
70.1% |
69.1% |
69.0% |
68.0% |
| Montana |
69.1% |
69.9% |
69.6% |
68.5% |
69.2% |
69.7% |
67.9% |
| Nebraska |
68.2% |
67.9% |
68.8% |
69.3% |
67.2% |
67.4% |
66.9% |
| Nevada |
60.7% |
62.0% |
60.4% |
59.7% |
59.3% |
57.2% |
56.3% |
| New Hampshire |
73.0% |
72.1% |
74.1% |
72.3% |
72.5% |
71.7% |
71.5% |
| New Jersey |
67.3% |
67.3% |
67.3% |
67.0% |
66.1% |
66.4% |
65.0% |
| New Mexico |
69.3% |
69.7% |
70.0% |
69.2% |
69.3% |
67.9% |
68.2% |
| New York |
55.3% |
55.6% |
55.5% |
55.3% |
55.0% |
54.3% |
53.6% |
| North Carolina |
68.2% |
68.1% |
68.3% |
68.2% |
67.2% |
67.2% |
66.5% |
| North Dakota |
67.5% |
66.7% |
65.7% |
66.6% |
66.0% |
66.9% |
65.7% |
| Ohio |
69.9% |
70.0% |
69.7% |
69.0% |
68.0% |
68.4% |
67.0% |
| Oklahoma |
67.9% |
68.6% |
68.2% |
67.2% |
67.2% |
67.8% |
67.0% |
| Oregon |
63.8% |
64.8% |
64.6% |
64.3% |
63.1% |
62.5% |
60.8% |
| Pennsylvania |
71.5% |
71.7% |
71.6% |
70.8% |
70.5% |
70.1% |
69.5% |
| Rhode Island |
62.7% |
63.0% |
63.6% |
62.4% |
63.4% |
60.8% |
60.6% |
| South Carolina |
70.1% |
70.3% |
70.0% |
70.6% |
70.1% |
68.7% |
69.2% |
| South Dakota |
69.0% |
69.2% |
68.1% |
69.2% |
67.9% |
68.0% |
68.5% |
| Tennessee |
69.3% |
69.9% |
69.9% |
69.8% |
69.2% |
68.1% |
67.3% |
| Texas |
64.7% |
65.2% |
65.2% |
64.9% |
63.7% |
63.6% |
62.9% |
| Utah |
70.6% |
72.0% |
71.7% |
71.7% |
71.5% |
69.9% |
69.4% |
| Vermont |
71.1% |
71.9% |
72.8% |
72.2% |
71.3% |
70.4% |
71.3% |
| Virginia |
69.6% |
69.9% |
69.5% |
68.7% |
68.1% |
67.7% |
67.3% |
| Washington |
64.7% |
65.5% |
66.1% |
65.3% |
64.3% |
63.1% |
62.8% |
| West Virginia |
75.4% |
74.7% |
74.9% |
73.7% |
73.6% |
74.6% |
72.3% |
| Wisconsin |
70.1% |
70.5% |
70.1% |
70.1% |
69.0% |
68.7% |
67.9% |
| Wyoming |
71.5% |
69.5% |
69.3% |
70.1% |
70.9% |
69.7% |
70.6% |
American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2005-2011.