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In a September 2020 survey among adults in the United States, there were more people of color (POC)Millennials that were currently saving up to buy a house (37 percent) than that there were White Non-Hispanic Millennials (29 percent).
Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity
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Other statistics that may interest you Millennials homeownership in the United States
Overview
7
- Premium Statistic U.S. population estimates by generation 2010-2022
- Premium Statistic Homeownership rate in the U.S. 2012-2023
- Premium Statistic Homeownership rate in the U.S. 2023, by age
- Premium Statistic Living arrangements of 25-34-year olds in the U.S. 2023, by gender
- Premium Statistic Living arrangements of 35-64-year olds in the U.S. 2023, by gender
- Premium Statistic Monthly homebuyer sentiment in the U.S. 2011-2023, by age group
- Premium Statistic Leading metros for millennial homebuyers in the United States in 2022
Homeownership plans
7
- Premium Statistic First-time home buyers in the U.S. 2023, by age group
- Premium Statistic Share of millennials expecting to rent in the future in the U.S. 2018-2022
- Basic Statistic Reasons for millennials to choose renting over buying a home U.S. 2018-2022
- Premium Statistic Conditions influencing neighborhood choice for home purchase U.S. 2023, by age
- Premium Statistic Marital status of home buyers in the U.S. 2023, by age group
- Premium Statistic Size of purchased homes in the U.S. 2023, by age group
- Premium Statistic Share of people who will buy a home upon next move in the U.S. 2011-2023 by age group
Home financing
7
- Premium Statistic Median income of home buyers in the U.S. 2023, by generation
- Premium Statistic Major obstacles to saving for a down payment among American homebuyers 2023, by age
- Premium Statistic Millennial homebuyers: amount saved for down payment in the U.S. 2022
- Premium Statistic Homeowners behind on mortgage payments in the U.S. 2022-2023, by age
- Premium Statistic House purchase compared to asking price in the U.S. 2023, by age group
- Premium Statistic Perceived ease of getting a mortgage in the U.S. 2011-2023, by age group
- Premium Statistic Homebuyers' opinion on mortgage rates in next 12 months U.S. 2011-2023, by age group
Home buying process
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- Premium Statistic Most difficult steps of the homebuying process in the U.S. 2023, by age group
- Premium Statistic House purchase channels in the U.S. 2023, by age group
- Premium Statistic Information sources used when looking for a home to purchase in the U.S. 2023, by age
- Premium Statistic Frequency of internet use for home searching in the U.S. 2022, by age group
- Premium Statistic Expectations of house buyers from real estate agents in the U.S. 2023, by age group
- Premium Statistic Actions taken as a result of internet home search in the U.S. 2022, by age group
- Premium Statistic Most important environmental home features according to U.S. buyers 2023, by age
Renovations
4
- Basic Statistic Home renovators in the U.S. 2023, by generation
- Basic Statistic Median home renovation spend in the U.S. 2023, by generation
- Basic Statistic Home renovation funding sources in the U.S. 2023, by generation
- Basic Statistic Frequency of different home renovation projects in the U.S. 2022, by generation
Further related statistics
19
- Paraguay: number of housing units in AsunciĆ³n 2016, by ownership
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- Most popular expensive home features for Millennials U.S. 2016
- Bad credit as largest obstacle to buying a home in the U.S. 2019, by ethnicity
- Share of Millennial expecting to rent in the future in selected U.S. metros 2019
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- Most popular property features for Millennials U.S. 2016
- London: annual residential property transaction numbers from 2005 to 2014
- Future housing plans of younger Millennial renters in the U.S. 2016-2019
- Share of Americans who associate homeownership with the American dream 2016, by age
- London: number of residential property sales in December 2016, by local authority
- Homeownership plans of Millennials in the U.S. 2014-2016
- Most popular home location features for Millennials U.S. 2016
- Annual non-residential property transactions value in London 2005-2014
- Impact of home staging on property sale price in the U.S. 2021
- Number of residential building permits issued in Malta 2007-2022
- Interesting attributes for the 90s generation in connected cars in China 2019
- Home ownership attitude of adults in London in 2021, by location
Further Content: You might find this interesting as well
Statistics
- Paraguay: number of housing units in AsunciĆ³n 2016, by ownership
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- Most popular expensive home features for Millennials U.S. 2016
- Bad credit as largest obstacle to buying a home in the U.S. 2019, by ethnicity
- Share of Millennial expecting to rent in the future in selected U.S. metros 2019
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- Most popular property features for Millennials U.S. 2016
- London: annual residential property transaction numbers from 2005 to 2014
- Future housing plans of younger Millennial renters in the U.S. 2016-2019
- Share of Americans who associate homeownership with the American dream 2016, by age
- London: number of residential property sales in December 2016, by local authority
- Homeownership plans of Millennials in the U.S. 2014-2016
- Most popular home location features for Millennials U.S. 2016
- Annual non-residential property transactions value in London 2005-2014
- Impact of home staging on property sale price in the U.S. 2021
- Number of residential building permits issued in Malta 2007-2022
- Interesting attributes for the 90s generation in connected cars in China 2019
- Home ownership attitude of adults in London in 2021, by location
Morning Consult. (September 28, 2020). Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity [Graph]. In Statista. Retrieved June 05, 2024, from https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult. "Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity." Chart. September 28, 2020. Statista. Accessed June 05, 2024. https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult. (2020). Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity. Statista. Statista Inc.. Accessed: June 05, 2024. https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult. "Distribution of Millennials in The United States in 2020, by Homeownership Plans and Ethnicity." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/
Morning Consult, Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity Statista, https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/ (last visited June 05, 2024)
Distribution of Millennials in the United States in 2020, by homeownership plans and ethnicity [Graph], Morning Consult, September 28, 2020. [Online]. Available: https://www.statista.com/statistics/1220496/homeownership-plans-millennials-usa-by-ethnicity/