America faces a housing shortage, yet about 14.5 million homes across the country are vacant. How can both be true?
Using the latest U.S. Census Bureau data compiled by LendingTree, Visual Capitalist’s Dorothy Neufeld created this map showing the share of vacant housing units in every state.
About one in 10 U.S. housing units is vacant, but most are not permanently sitting unused.
Nearly 4.7 million vacant units are seasonal or recreational homes, 2.6 million are available for rent, and fewer than 800,000 are actively listed for sale. This helps explain why states with large vacation-home markets, including Maine, Vermont, Florida, and Hawaii, record some of the nation’s highest vacancy rates.
Hellbound and Down 