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Homeownership expectations of Millennials with children in the United States 2020

Published by Statista Research Department, May 12, 2022
In a September 2020 survey among adults in the United States, 36 percent of millennials with children said that they were currently saving up to purchase a home. On the other hand, 40 percent of respondents said that while they expect to purchase a house in the future, they are currently not saving up to do so.

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

Distribution of Millennials who are parents 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 373 respondents.

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