Rent facts & stats

Question 1

In 2023, what hourly wage did a full-time worker need to earn, nationally, to afford a modest two-bedroom rental without exceeding 30% of income?

Accepted Answer

$28.58/hour. About 60% of U.S. workers earned less than this 'Housing Wage' needed for a two-bedroom home.

Question 2

In the second quarter of 2026, what was the seasonally adjusted U.S. homeownership rate?

Accepted Answer

about 65.2% (stated by the source as of the start of 2025, not Q2 2026). The rate has stayed fairly stable in recent decades, though it's changed a lot depending on demographics and location.

Question 3

As of 2024, about how many members did the National Association of Realtors have?

Accepted Answer

over 1.5 million. That makes NAR the largest trade association in the entire United States.

Question 4

As of 2022, how did the European Union's homeownership rate compare to the U.S. rate?

Accepted Answer

69% in the EU. Homeownership norms vary a lot by country, and the EU average has consistently run a bit above the U.S. figure.

Rent facts & stats

The basics

In the second quarter of 2026, what was the seasonally adjusted U.S. homeownership rate?

As of 2024, about how many members did the National Association of Realtors have?

Going deeper

As of 2022, how did the European Union's homeownership rate compare to the U.S. rate?

Expert level

In 2023, what hourly wage did a full-time worker need to earn, nationally, to afford a modest two-bedroom rental without exceeding 30% of income?