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

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