Special Report
This Is the State Where People Are Worried the Most About Losing Their Homes
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The year-long ravaging spread of the COVID-19 pandemic has robbed millions of people of jobs. In some cities, the jobless rate is above 10%. In other cases, those with work worry about whether they can maintain their wages. These financial strains have begun to move into the stability of the housing market which is, in part, driven by the number of people who cannot or worry they cannot pay their mortgages. (Click here to see the U.S. city where the most people are out of work).
The last time that foreclosures and evictions burdened the housing market was during the Great Recession. The Chicago Fed estimated that there were about 3.8 million foreclosures in the U.S. between 2007 and 2010. It will almost certainly not come to that in the COVID-19 driven economic downturn. Federal government assistance has allowed some families that have struggled with joblessness or low incomes. The Biden Administration has proposed another round of similar support. This new set of programs could offer a boost of as much as $1.9 trillion to the economy.
Despite government assistance, many Americans face cash shortages today. The U.S. Census Bureau established the Household Pulse Survey to track the effects of COVID-19 on Americans. The survey is in its 23nd week of data collection.
One of the questions in the Household Pulse Survey is about “Likelihood of Eviction or Foreclosure”. Specifically, it seeks to determine the “Percentage of adults living in households not current on rent or mortgage where eviction or foreclosure in the next two months is either very likely or somewhat likely.”
The state where the people believe they are most likely to be evicted or foreclosed on is Georgia, where the figure is 48.6%. It is followed by Ohio at 46.5%, and Louisiana at 46.2%.
At the other end of the spectrum, the figure for Vermont is 7.7%, and for South Dakota 10.8%. These all compare to a national figure of 33.3%.
24/7 Wall St. reviewed the United States Census Bureau Household Pulse Survey for Week 23, which covers the period from January 20 through February 1, 2021. We looked at the total individual population age 18+
These are the states where people are worried about losing their homes.
50. Vermont
> Adult population in 2019: 510,430
> Household pulse survey sample: 23,402
> Adults who expect imminent eviction or foreclosure: 1,792
> Share of adults with that expectation: 7.7% (the lowest)
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49. South Dakota
> Adult population in 2019: 669,390
> Household pulse survey sample: 31,820
> Adults who expect imminent eviction or foreclosure: 3,425
> Share of adults with that expectation: 10.8% (2nd lowest)
48. Wyoming
> Adult population in 2019: 444,570
> Household pulse survey sample: 28,827
> Adults who expect imminent eviction or foreclosure: 3,508
> Share of adults with that expectation: 12.2% (4th lowest)
47. North Dakota
> Adult population in 2019: 585,356
> Household pulse survey sample: 26,082
> Adults who expect imminent eviction or foreclosure: 5,510
> Share of adults with that expectation: 21.1% (6th lowest)
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46. New Hampshire
> Adult population in 2019: 1,103,691
> Household pulse survey sample: 42,748
> Adults who expect imminent eviction or foreclosure: 9,879
> Share of adults with that expectation: 23.1% (8th lowest)
45. Montana
> Adult population in 2019: 842,254
> Household pulse survey sample: 34,851
> Adults who expect imminent eviction or foreclosure: 12,032
> Share of adults with that expectation: 34.5% (20th highest)
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44. Maine
> Adult population in 2019: 1,097,859
> Household pulse survey sample: 59,864
> Adults who expect imminent eviction or foreclosure: 13,726
> Share of adults with that expectation: 22.9% (7th lowest)
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43. Alaska
> Adult population in 2019: 551,796
> Household pulse survey sample: 41,140
> Adults who expect imminent eviction or foreclosure: 14,513
> Share of adults with that expectation: 35.3% (17th highest)
42. Nebraska
> Adult population in 2019: 1,459,312
> Household pulse survey sample: 69,865
> Adults who expect imminent eviction or foreclosure: 18,145
> Share of adults with that expectation: 26.0% (12th lowest)
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41. Hawaii
> Adult population in 2019: 1,115,685
> Household pulse survey sample: 74,211
> Adults who expect imminent eviction or foreclosure: 21,084
> Share of adults with that expectation: 28.4% (19th lowest)
40. Rhode Island
> Adult population in 2019: 855,786
> Household pulse survey sample: 49,811
> Adults who expect imminent eviction or foreclosure: 21,517
> Share of adults with that expectation: 43.2% (7th highest)
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39. Delaware
> Adult population in 2019: 769,818
> Household pulse survey sample: 62,530
> Adults who expect imminent eviction or foreclosure: 23,750
> Share of adults with that expectation: 38.0% (11th highest)
38. West Virginia
> Adult population in 2019: 1,433,329
> Household pulse survey sample: 79,769
> Adults who expect imminent eviction or foreclosure: 25,749
> Share of adults with that expectation: 32.3% (24th highest)
37. Arkansas
> Adult population in 2019: 2,318,792
> Household pulse survey sample: 98,682
> Adults who expect imminent eviction or foreclosure: 26,683
> Share of adults with that expectation: 27.0% (15th lowest)
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36. Minnesota
> Adult population in 2019: 4,336,963
> Household pulse survey sample: 245,398
> Adults who expect imminent eviction or foreclosure: 27,532
> Share of adults with that expectation: 11.2% (3rd lowest)
35. Idaho
> Adult population in 2019: 1,337,710
> Household pulse survey sample: 63,083
> Adults who expect imminent eviction or foreclosure: 28,816
> Share of adults with that expectation: 45.7% (5th highest)
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34. Utah
> Adult population in 2019: 2,275,650
> Household pulse survey sample: 129,588
> Adults who expect imminent eviction or foreclosure: 30,900
> Share of adults with that expectation: 23.8% (9th lowest)
33. Iowa
> Adult population in 2019: 2,433,240
> Household pulse survey sample: 106,734
> Adults who expect imminent eviction or foreclosure: 33,565
> Share of adults with that expectation: 31.4% (25th highest)
32. New Mexico
> Adult population in 2019: 1,622,979
> Household pulse survey sample: 93,330
> Adults who expect imminent eviction or foreclosure: 35,027
> Share of adults with that expectation: 37.5% (14th highest)
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31. Colorado
> Adult population in 2019: 4,502,416
> Household pulse survey sample: 283,418
> Adults who expect imminent eviction or foreclosure: 38,715
> Share of adults with that expectation: 13.7% (5th lowest)
30. Kentucky
> Adult population in 2019: 3,465,848
> Household pulse survey sample: 171,316
> Adults who expect imminent eviction or foreclosure: 52,393
> Share of adults with that expectation: 30.6% (25th lowest)
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29. Connecticut
> Adult population in 2019: 2,837,855
> Household pulse survey sample: 189,209
> Adults who expect imminent eviction or foreclosure: 54,826
> Share of adults with that expectation: 29.0% (22nd lowest)
28. Kansas
> Adult population in 2019: 2,213,013
> Household pulse survey sample: 149,284
> Adults who expect imminent eviction or foreclosure: 56,754
> Share of adults with that expectation: 38.0% (11th highest)
27. Mississippi
> Adult population in 2019: 2,277,729
> Household pulse survey sample: 153,456
> Adults who expect imminent eviction or foreclosure: 60,800
> Share of adults with that expectation: 39.6% (8th highest)
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26. Missouri
> Adult population in 2019: 4,764,733
> Household pulse survey sample: 243,759
> Adults who expect imminent eviction or foreclosure: 63,686
> Share of adults with that expectation: 26.1% (13th lowest)
25. Oregon
> Adult population in 2019: 3,354,921
> Household pulse survey sample: 208,984
> Adults who expect imminent eviction or foreclosure: 69,874
> Share of adults with that expectation: 33.4% (22nd highest)
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24. Wisconsin
> Adult population in 2019: 4,559,022
> Household pulse survey sample: 263,539
> Adults who expect imminent eviction or foreclosure: 76,106
> Share of adults with that expectation: 28.9% (21st lowest)
23. Oklahoma
> Adult population in 2019: 3,004,742
> Household pulse survey sample: 209,531
> Adults who expect imminent eviction or foreclosure: 76,451
> Share of adults with that expectation: 36.5% (15th highest)
22. Massachusetts
> Adult population in 2019: 5,540,726
> Household pulse survey sample: 288,328
> Adults who expect imminent eviction or foreclosure: 81,124
> Share of adults with that expectation: 28.1% (17th lowest)
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21. Indiana
> Adult population in 2019: 5,164,798
> Household pulse survey sample: 384,845
> Adults who expect imminent eviction or foreclosure: 92,617
> Share of adults with that expectation: 24.1% (10th lowest)
20. Nevada
> Adult population in 2019: 2,389,419
> Household pulse survey sample: 204,281
> Adults who expect imminent eviction or foreclosure: 93,572
> Share of adults with that expectation: 45.8% (4th highest)
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19. Arizona
> Adult population in 2019: 5,639,069
> Household pulse survey sample: 348,041
> Adults who expect imminent eviction or foreclosure: 98,893
> Share of adults with that expectation: 28.4% (19th lowest)
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18. Louisiana
> Adult population in 2019: 3,563,908
> Household pulse survey sample: 216,782
> Adults who expect imminent eviction or foreclosure: 100,152
> Share of adults with that expectation: 46.2% (3rd highest)
17. Tennessee
> Adult population in 2019: 5,318,422
> Household pulse survey sample: 307,966
> Adults who expect imminent eviction or foreclosure: 102,387
> Share of adults with that expectation: 33.2% (23rd highest)
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16. South Carolina
> Adult population in 2019: 4,036,414
> Household pulse survey sample: 296,616
> Adults who expect imminent eviction or foreclosure: 116,550
> Share of adults with that expectation: 39.3% (9th highest)
15. Washington
> Adult population in 2019: 5,951,928
> Household pulse survey sample: 314,802
> Adults who expect imminent eviction or foreclosure: 118,288
> Share of adults with that expectation: 37.6% (13th highest)
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14. Maryland
> Adult population in 2019: 4,713,393
> Household pulse survey sample: 333,551
> Adults who expect imminent eviction or foreclosure: 118,735
> Share of adults with that expectation: 35.6% (16th highest)
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13. Michigan
> Adult population in 2019: 7,844,035
> Household pulse survey sample: 476,823
> Adults who expect imminent eviction or foreclosure: 119,456
> Share of adults with that expectation: 25.1% (11th lowest)
12. Alabama
> Adult population in 2019: 3,817,588
> Household pulse survey sample: 352,524
> Adults who expect imminent eviction or foreclosure: 124,558
> Share of adults with that expectation: 35.3% (17th highest)
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11. New Jersey
> Adult population in 2019: 6,944,166
> Household pulse survey sample: 561,964
> Adults who expect imminent eviction or foreclosure: 156,253
> Share of adults with that expectation: 27.8% (16th lowest)
10. Pennsylvania
> Adult population in 2019: 10,169,664
> Household pulse survey sample: 675,630
> Adults who expect imminent eviction or foreclosure: 176,943
> Share of adults with that expectation: 26.2% (14th lowest)
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9. Virginia
> Adult population in 2019: 6,677,914
> Household pulse survey sample: 537,279
> Adults who expect imminent eviction or foreclosure: 184,006
> Share of adults with that expectation: 34.2% (21st highest)
8. Illinois
> Adult population in 2019: 9,857,142
> Household pulse survey sample: 667,066
> Adults who expect imminent eviction or foreclosure: 204,016
> Share of adults with that expectation: 30.6% (25th lowest)
7. North Carolina
> Adult population in 2019: 8,194,112
> Household pulse survey sample: 649,722
> Adults who expect imminent eviction or foreclosure: 249,323
> Share of adults with that expectation: 38.4% (10th highest)
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6. Georgia
> Adult population in 2019: 8,114,394
> Household pulse survey sample: 622,224
> Adults who expect imminent eviction or foreclosure: 302,446
> Share of adults with that expectation: 48.6% (the highest)
5. Ohio
> Adult population in 2019: 9,114,253
> Household pulse survey sample: 731,120
> Adults who expect imminent eviction or foreclosure: 340,122
> Share of adults with that expectation: 46.5% (2nd highest)
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4. Florida
> Adult population in 2019: 17,245,782
> Household pulse survey sample: 1,625,334
> Adults who expect imminent eviction or foreclosure: 485,344
> Share of adults with that expectation: 29.9% (23rd lowest)
3. New York
> Adult population in 2019: 15,431,465
> Household pulse survey sample: 1,727,933
> Adults who expect imminent eviction or foreclosure: 497,639
> Share of adults with that expectation: 28.8% (20th lowest)
2. Texas
> Adult population in 2019: 21,599,250
> Household pulse survey sample: 1,494,953
> Adults who expect imminent eviction or foreclosure: 651,964
> Share of adults with that expectation: 43.6% (6th highest)
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1. California
> Adult population in 2019: 30,621,159
> Household pulse survey sample: 2,260,697
> Adults who expect imminent eviction or foreclosure: 785,985
> Share of adults with that expectation: 34.8% (19th highest)
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