New Mexico ranked 27th in home vacancy rate in Q4 2020

New Mexico ranked 27th in home vacancy rate in Q4 2020
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New Mexico’s home vacancy rate was 27th in the U.S., with a home vacancy rate of 0.9 percent in the fourth quarter, according to the U.S. Census Bureau.

The home vacancy rate is the proportion of the homeowner inventory vacant and for sale at the time of the survey.

The Bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country and District of Columbia. The bureau also collects information on homeownership vacancies and certain characteristics about housing units, such as the age of household members, family status, race/ethnicity and median family income.

Home Vacancy Rates by State in Q4 2020
Rank State Home vacancies
1 Louisiana 2%
2 North Dakota 1.9%
3 District of Columbia 1.8%
3 Illinois 1.8%
5 Florida 1.5%
6 Nevada 1.4%
6 Oklahoma 1.4%
6 Rhode Island 1.4%
6 West Virginia 1.4%
10 Mississippi 1.3%
10 Pennsylvania 1.3%
12 Kentucky 1.2%
12 Missouri 1.2%
12 New York 1.2%
12 South Carolina 1.2%
16 Arkansas 1.1%
16 Delaware 1.1%
16 Georgia 1.1%
16 Hawaii 1.1%
16 Michigan 1.1%
16 New Jersey 1.1%
16 Wyoming 1.1%
23 Alaska 1%
23 Indiana 1%
23 Iowa 1%
23 Kansas 1%
27 Maine 0.9%
27 Montana 0.9%
27 New Mexico 0.9%
27 North Carolina 0.9%
27 South Dakota 0.9%
27 Tennessee 0.9%
27 Texas 0.9%
27 Washington 0.9%
27 Wisconsin 0.9%
36 Alabama 0.8%
37 Arizona 0.7%
37 Maryland 0.7%
37 Nebraska 0.7%
37 Ohio 0.7%
37 Vermont 0.7%
37 Virginia 0.7%
43 California 0.6%
43 Idaho 0.6%
43 Massachusetts 0.6%
46 Colorado 0.5%
46 Connecticut 0.5%
46 New Hampshire 0.5%
49 Minnesota 0.4%
50 Oregon 0.2%
50 Utah 0.2%


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