Full Citation

Title: Homeownership Among Never Married Adults, 2021

Citation Type: Miscellaneous

Publication Year: 2023

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Abstract: The percentage of all U.S. adults who have never been married or have yet to marry has doubled from 15% in 1960 to 31% in 2020 (Marino, 2023). More recently, the national homeownership rate declined from about 67% in 2006 to 64% in 2019 (Mateyka & Mazur, 2021). Homeownership rates for never married adults declined from 2005 to 2013, and single adults had lower shares of homeownership than currently and previously married adults (Mundra & Uwaifo Oyelere, 2019). Further, homeownership among never married adults tended to vary by gender, race, and education level (Mundra & Uwaifo Oyelere, 2019). Home prices have risen nearly 30% since 2019 (National Association of Realtors, 2022), underscoring the salience of assessing the potential impact of this rapid increase on the growing never married population. This family profile examines the percentages of homeowners across marital status using the 2021 American Community Survey 1-year estimates, and also illustrates differentials in homeownership among never married adults (aged 18 and older) by gender, race and ethnicity, and educational attainment.

Url: https://scholarworks.bgsu.edu/cgi/viewcontent.cgi?article=1313&context=ncfmr_family_profiles

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Authors: Marino, Francesca A

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Data Collections: IPUMS USA

Topics: Family and Marriage, Housing and Segregation

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