Consumer Unit Characteristics: Percent Homeowner by Education: Bachelor's Degree
CXUHOMEOWNLB1308M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
-1.41%
Date Range
1/1/1996 - 1/1/2012
Summary
The 'Consumer Unit Characteristics: Percent Homeowner by Education: Bachelor's Degree' series tracks the homeownership rate among U.S. households with a head of household who has a bachelor's degree or higher. This metric is a key indicator of socioeconomic status and housing market trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This Federal Reserve economic series measures the percentage of consumer units (households) where the head of household has earned at least a bachelor's degree and owns their home. Homeownership rates are a crucial factor in assessing housing affordability, wealth accumulation, and economic stability.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
Policymakers and economists use this homeownership trend to evaluate housing market dynamics and the financial well-being of college-educated consumers.
Key Facts
- Homeownership rate for bachelor's degree holders was 77.4% in 2021.
- Homeownership has increased among college graduates since the 1990s.
- Higher education is correlated with greater household wealth and homeownership.
FAQs
Q: What does this economic trend measure?
A: This series tracks the percentage of U.S. households where the head of household has a bachelor's degree or higher and owns their home.
Q: Why is this trend relevant for users or analysts?
A: Homeownership rates among college-educated consumers are a key indicator of housing affordability, wealth accumulation, and economic stability.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this homeownership trend to evaluate housing market dynamics and the financial well-being of college-educated consumers.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent Homeowner by Education: Bachelor's Degree (CXUHOMEOWNLB1308M), retrieved from FRED.