Distribution of renters and owners in the U.S. 2022, by income

Published by Statista Research Department, Jan 4, 2024

Homeowners with a mortgage in the United States earned higher a household income, on average, compared to renters in 2022. About 21 percent of people who lived in a rental home in that year earned under 20,000 U.S. dollars. Among owners with a mortgage, this share was less than five percent.

Distribution of renters and homeowners with a mortgage in the United States in 2022, by income

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Release date

January 2024

Region

United States

Survey time period

2022

Number of respondents

1,943 owners and 1,032 renters

Supplementary notes

Statista calculations based on data from the American Community Survey 

  • Household income (HINCP)
  • Tenure (TEN)

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