Study Highlights Disparity Between Homelessness Rates and Empty Housing

Homelessness in the United States remains a pressing issue, especially as rates have surged by 18.1% in 2024—a historic high. Vulnerable populations face rising housing costs, mass migration, and evictions, with many renters categorized as “cost-burdened.” Meanwhile, over 14 million vacant homes exist across the country, a number that far exceeds what’s needed to house every homeless individual.

A study by the Mortgage Calculator team maps this disparity, highlighting states with the highest ratio of vacant homes to homeless individuals. Mississippi tops the list with 187.31 vacant homes per homeless person. Despite high poverty levels, the state’s low cost of living and relatively small homeless population contribute to this striking ratio. Southern states dominate the map’s highest ratios, reflecting the availability of vacant housing in rural areas. However, these areas often lack the economic infrastructure and job opportunities necessary to support new residents, complicating potential solutions.

The findings reveal stark contrasts: urban areas, where jobs are more plentiful, tend to have higher homelessness rates but fewer vacant homes, while rural states have the opposite challenge. Advocates suggest that leveraging vacant housing could significantly reduce homelessness, but practical barriers remain. Addressing this issue will require not only repurposing unused housing but also creating sustainable economic opportunities to support vulnerable populations.

This study underscores the urgent need for innovative policies and programs to bridge the gap between empty housing and homelessness, offering hope for a more equitable future.

Click below to zoom.