Housing Affordability Crisis Deepens, New Census Data Shows

The homeownership rate among households headed by someone under 35 fell for a third straight year in 2025.

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What You Need to Know

Several measures of housing affordability worsened in 2025, according to new Census Bureau data.

Nearly 3 in 10 homeowners with mortgages spend 30% or more of their income on housing, the federal threshold for being “cost-burdened.”

Soaring prices and mortgage rates have pushed homeownership out of reach for more Americans, feeding broader angst about the cost of living.

Homeowners with mortgages spent more of their income on…

The skinny

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