
Key Takeaways
- West Virginia has the highest share of homeowners in the country, at 76% of households in 2024.
- Washington, D.C., New York, and California have the lowest homeownership rates, given limited housing stock and persistently elevated prices.
Homeownership is a traditional path for building wealth, with about two-thirds of U.S. households falling into this category. While nearly 60% of baby boomers owned homes by the age of 33, this figure has shrunk to about 40% for millennials. Today, boomers continue to own the greatest share of real estate by generation, outpacing millennials by about twofold.
This graphic shows homeownership rates across America, based on data from the U.S. Census Bureau.
Read more: Visual Capitalist