Average American Home Size
So why the jump from 2010.
Average american home size. The interior design site took a look at average house sizes around the world and determined that australian homes are the largest while homes in china are the smallest at just over 500 square feet. From 1975 2015 the average home size increased 63 and over 1 000 square feet increasing from 1645 sf to 2687 sf. Click to tweet what s also remarkable is that during this same period according to statistica the average household size i e.
Australia actually takes the cake with average houses nearing 2 500 square feet according to love abode. Compare that to 30 years ago when the average home was 1 725 square feet. Houses are among the biggest if not the biggest in the world.
In 2013 the average home size jumped to the largest ever at 2 598 square feet. Those numbers surpass those of the housing bubble crash a few years ago according to the census bureau. 24 7 wall st has a list that shows how the typical american home has changed from 1920 to 2014.
For china the data only reflects urban properties which now average 60 m 2 646 ft 2 and have almost doubled in size in the last 15 years. The size of immediate families has declined over time as women have had fewer children. The rich have gotten richer and they want to show it off.
While a century of ever increased comfort in the american lifestyle managed to squeeze in an extra 90 square feet in the typical new bostonian home it s still no mansion. Still incomes rose only about 600 between 1973 and 2018 but home prices spiked over 900. And that mainly means the homes have gotten way bigger.
By 1870 it had fallen. The long running decline in american household size can be tied to at least two demographic trends. Much of that increase in the average home price in the us is due to the increased size of homes.