More Single-Parent Households Reaching Homeownership

While the overall composition of family households remains largely unchanged in recent years, homeownership rates have shifted slightly across different family households, according to the National Association of Home Builders.  

The homeownership rate for all family households except for those married without children increased from 2012 to 2022.  

Multigenerational household homeownership increased 4.9 percentage points, rising from 69% in 2012 to 74% in 2022. Additionally, homeownership for households married with children went from 73% to 78%. 

However, single-parent households saw the greatest increase in homeownership over the past 10 years. The group with significantly lower homeownership rates than any other group, single-parent homeownership increased from 35% in 2012 to 41% in 2022.  

Still, single-parent household home price-to-income ratios showed that single-parent households are significantly burdened by housing costs, with their estimated home prices approaching five times their income (4.9) in 2022. This is a notably higher ratio than households married without children (3.3), married with children (3.4) and multigenerational households (3.2) in the same year.