Homeownership expectations of adults in the United States in 2020, by ethnicity

Published by Statista Research Department, Aug 8, 2023
In a September 2020 survey among adults in the United States, around 40 percent of Hispanic respondents said that they were currently saving up to buy a house, while just 22 percent of white respondents said that they were doing so. Similarly, just 12 percent of Hispanics said that they never plan or expect to own a home, while 33 percent of White respondents said so.

In the United States, the 2020 homeownership rate reached 65.8 percent.

Distribution of white, Hispanic, and black adults in the United States in 2020, by homeownership plans

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Release date

September 2020

Region

United States

Survey time period

September 2020

Number of respondents

4,400 respondents

Age group

Adults

Method of interview

Online survey

Supplementary notes

Data were weighted to approximate a target sample of adults based on age, race/ethnicity, gender, educational attainment, and region. Results from the full survey have a margin of error of plus or minus 1 percentage points.

The original survey question was formulated as: "Do you expect to own a home in the future?"

This survey question had 1,863 respondents, of which 1,279 white, 397 Hispanic, 397 black and 218 of another ethnicity.

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