Housing
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Nationwide, nearly 1 million building permits were issued for new residential construction in 2013, according to the U.S. Census Bureau’s Building Permits Survey. Texas led the nation, accounting for 15% of all authorized housing units, followed by Florida (9%) and California (8%). North Carolina issued the fourth largest amount of residential building permits in 2013: 51,290, accounting for 6% of the national total. In fifth place, housing units authorized by Georgia comprised 4% of all…
Nationally, more than a third (35%) of all twenty-something young adults were living at home in 2012. The largest share was in New Jersey: nearly half (48%) of New Jersey's young adults were still living in a household headed by their parent or step-parent. In three other states--Connecticut, New York, and California--more than 40% of young adults were living at home. In contrast, only 17% of young adults ages 20-29 were living with their parents in North…
“In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home... This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009…. The steady rise in the share of…
More than one-third of American households (35%) were cost burdened in 2012, meaning that they spent more than 30 percent of their income on housing, according to a recent study by the Harvard Joint Center for Housing Studies. The 2012 American Community Survey shows that North Carolina is slightly below the national average: 1.2 million or 32% of the state’s households were cost burdened. Of these, 570,000 households (15% of all NC households) faced severe…
Memorial Day marks the beginning of summer rental season for many communities nationwide. In the decennial census, housing units that are classified as vacant for “seasonal, recreational, or occasional use” are typically referred to as “vacation” homes. The Census Bureau notes, “These may be large summer estates on Long Island, time-sharing condos in Fort Lauderdale, or simple fishing cabins in northern Michigan. Analysts often use this category to estimate the number of second homes in…
Due to decade-to-decade changes in municipal boundaries and Census tabulation boundaries, examining housing change over time at the sub-county level can be very difficult. To overcome these challenges, Carolina Demography used 2010 Census and 2006-2011 American Community Survey data to calculate historic estimates of housing units in North Carolina for each decade back to 1940 for all 6,155 Census block groups and 2,195 Census tracts in the state. These data allow us to examine, in…
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