The share of American adults in the lowest - income tier rose from 16 % in 1971 to 20 % in 2015. (pewsocialtrends.org)
The decline in homeownership has also been somewhat steeper among lower - income households than among their middle - and upper - income counterparts.8 In 2005, homeownership rates among those in the lower income tier peaked at 52.9 %. (pewsocialtrends.org)
The gap narrowed also with the top 30 - 40 percentile income tier from 9.3 to 7.1 multiples. (vermontrealtors.com)