Housing Snapshot: Almost one-half of U.S. households are in the suburbs
Urban housing markets — defined as metropolitan statistical area census tracts with a density of 5,742 households per square mile or more — hold almost one-in-four U.S. households (23 percent), says a report from the Mortgage Bankers Association.
Exurban and rural housing markets are home to almost one-in-three households (30 percent).
Distribution of households and land area (share of total U.S.)
Source: MBA “Understanding American Housing Markets: 7 Key Findings”
For more, read the report, available from this page.
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