Seasonal Dwelling Vacancy Rates Decreased After U.S. Recovers From 2007-2008 Housing Crisis, Census Says

A census recently released showed that the vacancy rates of seasonal dwellings decreased after the U.S. recovered from a housing crisis in 2007 to 2008. Reports say a seasonal dwelling is vacant housing for occasional or recreational use.

A 2020 Census Demographic and Housing Characteristics data released on August 14 revealed that the vacancy rate of a seasonal dwelling decreased to 9.7% in 2020 from 11.4% in 2010 following the country’s recovery from the housing crisis in 2007 to 2008.

An article from Lake County News states that a seasonal dwelling is vacant housing in the U.S. that is classified as for occasional or recreational use. A seasonal dwelling ranges from part-time residences to beach houses to hunting cabins to timeshares. Nonetheless, despite the decline in the vacancy rate of a seasonal dwelling, there are still more than 4.3 million units throughout the country.

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Seasonal Dwelling Across the U.S.

According to an article from the U.S. Census Bureau, in 645 of the 3,143 counties in the U.S., a seasonal dwelling is at least 50% of the vacant housing in a county. In addition, in 1,313 counties, vacant seasonal dwelling outnumbered the combined total of vacant units that are for sale or for rent.

Further reports say that among the 15 largest counties in the U.S., 4 counties had more vacant units for seasonal dwelling than for units that are for sale or for rent. These counties reportedly include the Riverside County in California; the Broward County and Miami-Dade County in Florida; and the Maricopa County in Arizona.

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