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Saturday, November 16, 2024

Louisiana ranked 1st in home vacancy rate in Q4 2020

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Louisiana's home vacancy rate was first in the U.S., with a home vacancy rate of two percent in the fourth quarter, according to the U.S. Census Bureau.

The home vacancy rate is the proportion of the homeowner inventory vacant and for sale at the time of the survey.

The Bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country and District of Columbia. The bureau also collects information on homeownership vacancies and certain characteristics about housing units, such as the age of household members, family status, race/ethnicity and median family income.

Home Vacancy Rates by State in Q4 2020
RankStateHome vacancies
1Louisiana2%
2North Dakota1.9%
3District of Columbia1.8%
3Illinois1.8%
5Florida1.5%
6Nevada1.4%
6Oklahoma1.4%
6Rhode Island1.4%
6West Virginia1.4%
10Mississippi1.3%
10Pennsylvania1.3%
12Kentucky1.2%
12Missouri1.2%
12New York1.2%
12South Carolina1.2%
16Arkansas1.1%
16Delaware1.1%
16Georgia1.1%
16Hawaii1.1%
16Michigan1.1%
16New Jersey1.1%
16Wyoming1.1%
23Alaska1%
23Indiana1%
23Iowa1%
23Kansas1%
27Maine0.9%
27Montana0.9%
27New Mexico0.9%
27North Carolina0.9%
27South Dakota0.9%
27Tennessee0.9%
27Texas0.9%
27Washington0.9%
27Wisconsin0.9%
36Alabama0.8%
37Arizona0.7%
37Maryland0.7%
37Nebraska0.7%
37Ohio0.7%
37Vermont0.7%
37Virginia0.7%
43California0.6%
43Idaho0.6%
43Massachusetts0.6%
46Colorado0.5%
46Connecticut0.5%
46New Hampshire0.5%
49Minnesota0.4%
50Oregon0.2%
50Utah0.2%

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