Fewer Kids Living in Homes Owned by Their Parents

Posted April 17, 2016, By the Annie E. Casey Foundation

Blog Fewer Kids Livingin Homes Owned 2016

From 2006 to 2014, the proportion of American kids living in a home owned by their parents fell 7% — from 48.9 million to 43.1 million.

This sinking statistic means that 5.7 million more kids are no longer living in a parent-owned home relative to nearly a decade ago. 

Homeownership has social and emotional benefits, according to research. For instance: School-age kids who live in parent-owned homes are less likely to exhibit behavior problems relative to kids whose families live in rental properties. Homeowners are also less likely to relocate — and more likely to invest in their community as well as neighborhood relationships.

Additionally, homeownership is an important component of asset building, which can help vulnerable families get ahead and grow more financially secure.

The prevalence of kids living in a home that their parents own varies widely by state — and ranges from a high of 73% in Minnesota to a low of 44% in Nevada.

Visit the KIDS COUNT Data Center for more economic well-being statistics at the state and national level.

Children living in crowded housing
Children in low-income households with a high housing cost burden
Children living in households that are owned
Children without a vehicle at home

This post is related to:

Popular Posts

View all blog posts   |   Browse Topics

What is juvenile justice?

blog   |   December 12, 2020

What Is Juvenile Justice?