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January 11th, 2011

How does your home compare to the typical American home?



How many bedrooms are in your home–two, three? Does your home still use window units or do you have central air? If your home has one bathroom, you probably wish you had two, but is that standard? What about your mortgage rate–how does it stack up against the national average? Are you paying too much in interest each month?

In a quest to find out which characteristics make up the average American home (and its financing), HSH.com looked at the most recent HUD-U.S. Census Bureau American Housing Survey to understand the most common traits in American houses.

What is the “average house” and how does your home compare?


Despite all the negative consequences that followed the housing bust just a few years ago, homeownership remains a quintessential slice of the American Dream. From the steps of the Capitol building to the commercials you see on TV, America has always championed the ideals that come with owning your own home. Homeownership rates increased to 66 percent in the year 2000, up from 46 percent since 1900, according to Census data. Even with all the ups and downs in the housing market over the years, the majority of Americans continue to view housing as a solid investment for their future.

“Despite current challenges, owning a home still provides great value over the long haul and remains an important part of wealth building for the future,” said HSH.com Vice President Keith Gumbinger.

Be sure to continue reading our article “Are you living in the typical American home?

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4 Responses to “How does your home compare to the typical American home?”

  1. Mickey Herley Says: January 12th, 2011 at 8:00 am

    Great Article. Having purchased a home roughly six months ago, I often wonder, “how I did” in the market. After reading this article, it seems that the decision we made to buy a home with a bit more space to allow for growth was a good strategy. The affordable home prices coupled with the historically low interest rates made for the perfect buying opportunity. Thanks for the insight into the average American home. Well written!

  2. David A. Vandenbroucke Says: January 12th, 2011 at 8:50 am

    Please note that the American Housing Survey is funded and directed by the U.S. Department of Housing and Urban Development. It is implemented by the Census Bureau under contract with HUD. Thus, it should be refer to as HUD’s American Housing Survey, or as a joint HUD-Census survey.

    David A. Vandenbroucke
    Senior Economist
    Office of Policy & Development
    U.S. Department of Housing & Urban Development

  3. Tim Manni Says: January 12th, 2011 at 3:11 pm

    Mr. Vandenbroucke,

    Our apologies. We’re happy to make the change and working on it as we speak.

    Tim Manni

  4. Tim Manni Says: January 12th, 2011 at 3:15 pm


    First off, thanks for the kind words regarding our article. Seems like we were able to accomplish our goal in giving other homeowners a little insight into the average American home. It’s also nice to hear that you’re happy with your purchase — best of luck in your new home.

    Thanks for reading and we hope to hear from you again soon,

    Tim Manni

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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