In a September 2020 survey among adults in the United States, there were more people of color (POC)Millennials that were currently saving up to buy a house (37 percent) than that there were White Non-Hispanic Millennials (29 percent).
Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity
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Statistics on Millennial homeownership in the United States
Overview
8
- Premium Statistic Homeownership rate in the U.S. 2012-2021
- Premium Statistic Leading metros for Millennial house buyers in the United States in 2020
- Premium Statistic Home purchase outlook in the U.S. 2019, by generation
- Premium Statistic Share of Millennials expecting to rent in the future in the U.S. 2018-2022
- Basic Statistic Reasons for Millennials to choose renting over buying a home U.S. 2020-2021
- Premium Statistic Percentage change households in U.S. 2014-2019, by demographic and living situation
- Premium Statistic Profile of Millennial homebuyers in the United States 2020
- Premium Statistic Conditions influencing neighborhood choice for home purchase U.S. 2021, by age
Current living arrangements
4
- Premium Statistic Living arrangements of 25-34-year olds in the U.S. 2021, by gender
- Premium Statistic Living arrangements of 35-64-year olds in the U.S. 2021, by gender
- Basic Statistic Share of Millennials who live in their parents' home in U.S. 2021, by age & gender
- Basic Statistic Share of older Millennials who live in their parents' home U.S. 2016-2021, by gender
Homeownership plans
8
- Premium Statistic First time home buyers in the U.S. 2021, by age group
- Premium Statistic Expected timeline for buying a home according to Millenials 2022
- Premium Statistic Homeownership expectations of adults in the United States in 2020, by generation
- Premium Statistic Homeownership expectations of Millennials in the United States in 2020, by ethnicity
- Premium Statistic Homeownership expectations of Millennials with children in the United States 2020
- Premium Statistic COVID-19 effect on U.S. homeownership plans 2020, by generation
- Premium Statistic COVID-19 effect on homeownership plans U.S. 2020, by ethnicity and demographic
- Premium Statistic U.S.: COVID-19 effect on homeownership plans parents 2020, by generation
Home financing
6
- Premium Statistic Median income of home buyers in the U.S. 2021, by generation
- Premium Statistic Factors that prevent the Americans from saving for a down payment 2021, by age group
- Premium Statistic Down payment sources of Millennial homebuyers in the U.S. 2019
- Premium Statistic Millennial home buyers: amount saved for down payment 2021
- Premium Statistic Millennial renters who had saved for a down payment in the U.S. 2020, by amount
- Premium Statistic Number of years needed to save for down payment in selected U.S. cities 2020
Home buying process
6
- Premium Statistic Information sources used when looking for a house to purchase in the U.S. 2021 by age
- Premium Statistic Most difficult steps of home buying process U.S. 2021, by age group
- Premium Statistic Frequency of internet use for home searching in the U.S. 2021, by age group
- Premium Statistic House purchase channels in the U.S. 2021, by age group
- Premium Statistic Expectations of house buyers from real estate agents in the U.S. 2021, by age group
- Premium Statistic Actions taken as a result of internet home search in the U.S. 2021, by age group
Further related statistics
19
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- Paraguay: number of housing units in Asunción 2016, by ownership
- Future housing plans of younger Millennial renters in the U.S. 2016-2019
- Annual non-residential property transactions value in London 2005-2014
- Most popular home location features for Millennials U.S. 2016
- Homeownership plans of Millennials in the U.S. 2014-2016
- London: number of residential property sales in December 2016, by local authority
- Share of Americans who associate homeownership with the American dream 2016, by age
- London: annual residential property transaction numbers from 2005 to 2014
- Most popular property features for Millennials U.S. 2016
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- Share of Millennial expecting to rent in the future in selected U.S. metros 2019
- Bad credit as largest obstacle to buying a home in the U.S. 2019, by ethnicity
- Most popular expensive home features for Millennials U.S. 2016
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- Impact of home staging on property sale price in the U.S. 2021
- Number of residential building permits issued in Malta 2007-2020
- Interesting attributes for the 90s generation in connected cars in China 2019
- Home ownership attitude of adults in London in 2021, by location
Further Content: You might find this interesting as well
Statistics
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- Paraguay: number of housing units in Asunción 2016, by ownership
- Future housing plans of younger Millennial renters in the U.S. 2016-2019
- Annual non-residential property transactions value in London 2005-2014
- Most popular home location features for Millennials U.S. 2016
- Homeownership plans of Millennials in the U.S. 2014-2016
- London: number of residential property sales in December 2016, by local authority
- Share of Americans who associate homeownership with the American dream 2016, by age
- London: annual residential property transaction numbers from 2005 to 2014
- Most popular property features for Millennials U.S. 2016
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- Share of Millennial expecting to rent in the future in selected U.S. metros 2019
- Bad credit as largest obstacle to buying a home in the U.S. 2019, by ethnicity
- Most popular expensive home features for Millennials U.S. 2016
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- Impact of home staging on property sale price in the U.S. 2021
- Number of residential building permits issued in Malta 2007-2020
- Interesting attributes for the 90s generation in connected cars in China 2019
- Home ownership attitude of adults in London in 2021, by location
Morning Consult. (September 28, 2020). Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity [Graph]. In Statista. Retrieved April 01, 2023, from https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult. "Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity." Chart. September 28, 2020. Statista. Accessed April 01, 2023. https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult. (2020). Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity. Statista. Statista Inc.. Accessed: April 01, 2023. https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult. "Distribution of Millennials in The United States in 2020, by Homeownership Plans and Ethnicity." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult, Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity Statista, https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/ (last visited April 01, 2023)
Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity [Graph], Morning Consult, September 28, 2020. [Online]. Available: https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/