Homeownership highest in Midwest and South
July 18, 2002
Consumers in the Midwest and South were more likely to be homeowners in 2000 than were their counterparts in the Northeast and West.
In the Midwest, 70 percent of consumers were homeowners, as were 68 percent in the South. In the Northeast, the homeownership rate was 62 percent, while in the West it was 60 percent. The overall rate of homeownership in the U.S. was 66 percent in 2000.
In contrast to home ownership rates, housing expenditure shares were lowest in the Midwest and South and highest in the West and Northeast. The average expenditure share for the U.S. in 2000 was 32 percent of annual spending.
These data are a product of the BLS Consumer Expenditure Survey program. Additional information is available from "Consumer Spending Patterns Differ by Region," Issues in Labor Statistics (PDF 86K), BLS Summary 02-04.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Homeownership highest in Midwest and South on the Internet at http://www.bls.gov/opub/ted/2002/jul/wk3/art04.htm (visited October 08, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.