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Tuesday, February 6, 2007

Illinois Homeownership at 70.8% at end of 2006

Illinois homeownership at 70.8 percent in the fourth quarter of 2006, according to the U.S. Census Bureau. U.S. homeownership rate reached 68.9 percent in the fourth quarter.

Regionally, the homeownership rate was 73 percent in the Midwest, 70.8 percent in the South, 65.3 percent in the Northeast, and 64.5 percent in the West. The homeownership rate for non-Hispanic whites was 76 percent, versus 49.5 percent for Hispanics and 48.2 percent for blacks, according to the Census.

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