This article outlines the results from The American Community Survey, providing a snapshot of housing in 202o. Insights include the percentage of owner-occupied homes, vacant homes, homes with 60+ residents and more.
National Association of REALTORS – Economists’ Outlook | Nadia Evangelou
The American Community Survey is one of the most comprehensive sources of U.S. population and housing information. Nevertheless, the pandemic complicated the operations of the ACS in a variety of ways. For instance, both mail operations and in-person interviews were suspended starting from mid-March through June 2020 due to the stay-at-home orders. Despite the Bureau’s efforts to mitigate these collection disruptions, they weren’t able to limit the effects of the pandemic on data quality. As a result, the U.S. Census Bureau recently released experimental 1-year ACS estimates for 2020 instead of their standard products.
This piece uses these experimental estimates to provide a snapshot of housing in America in 2020. While the Census Bureau does not recommend comparing the 2020 ACS 1-year experimental estimates with the standard ACS estimates from previous years, we provide housing statistics for the year 2020 only. Going one step further, we also compared these housing statistics at the local level to identify the states that outperformed in 2020.
Learn about the housing trends identified through The American Community Survey in this article: A Snapshot of Housing in 2020
