In 2023, there were nearly 14 million more housing units than households in the United States. The distance between the number of housing units available and the number of households has increased significantly since 1965. However, those figures refer to all kinds of housing units, including apartments. When only considering the difference between single-family homes completed and new households formed, there has been a consistent shortage.
Number of housing units in the inventory and of households in the United States from 1965 to 2023
(in millions)
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US Census Bureau. (September 19, 2024). Number of housing units in the inventory and of households in the United States from 1965 to 2023 (in millions) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1494039/housing-stock-and-number-of-households-us/
US Census Bureau. "Number of housing units in the inventory and of households in the United States from 1965 to 2023 (in millions)." Chart. September 19, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1494039/housing-stock-and-number-of-households-us/
US Census Bureau. (2024). Number of housing units in the inventory and of households in the United States from 1965 to 2023 (in millions). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1494039/housing-stock-and-number-of-households-us/
US Census Bureau. "Number of Housing Units in The Inventory and of Households in The United States from 1965 to 2023 (in Millions)." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/1494039/housing-stock-and-number-of-households-us/
US Census Bureau, Number of housing units in the inventory and of households in the United States from 1965 to 2023 (in millions) Statista, https://www.statista.com/statistics/1494039/housing-stock-and-number-of-households-us/ (last visited November 23, 2024)
Number of housing units in the inventory and of households in the United States from 1965 to 2023 (in millions) [Graph], US Census Bureau, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/1494039/housing-stock-and-number-of-households-us/
