Over 40% of U.S. Homeowners Are Mortgage-Free — and the Share Keeps Rising
A growing number of U.S. homeowners are living mortgage-free, as aging baby boomers and long-term demographic trends reshape the nation’s housing landscape. A new ResiClub analysis of U.S. Census Bureau data found that 40.3% of owner-occupied homes were mortgage-free in 2024 — a record high and a slight increase from 39.8% the year before. That…
