Nation’s Housing Stock Reaches 128 Million
Source: U.S. Census Bureau

From seasonal vacation homes to mobile homes, housing units in the United States increased from 124.4 million in 2005 to 128.2 million in 2007, according to the U.S. Census Bureau. The number of occupied housing units went from 108.9 million to 110.7 million.

These new figures come from the 2007 American Housing Survey (AHS), a useful information source on the quality of housing in the United States. Statistics are provided for apartments, single-family homes, manufactured housing, new construction and vacant housing units.

Issued jointly every two years by the U.S. Census Bureau and the Department of Housing and Urban Development, this survey highlights characteristics of the nation’s housing stock, providing information on such things as the presence of air conditioning, type of heating fuel used, satisfaction with the neighborhood, rental assistance and size of the home. The survey also covers the demographic characteristics of the housing units’ occupants.

Among the findings, median monthly housing costs for owners were $927 in 2007. For renters, housing costs were $755.

The median home value in 2007 was $191,471 and the median monthly payment for principal and interest was $852 for owner-occupied housing.

+ 2007 American Housing Survey (PDF; 6.8 MB)

This entry was posted on Tuesday, October 7th, 2008 at 6:25 pm and is filed under Housing and real estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.