Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

The Development Of America’s Homeless Population

This is a syndicated repost courtesy of Statista | Infographics. To view original, click here. Reposted with permission.

The U.S. Department of Housing and Urban Development has released its latest report into homelessness in the United States, finding that some 580,000 Americans were sleeping rough in 2020. Last year, levels of homelessness climbed for the fourth consecutive year, growing two percent. That was driven by increases in the unsheltered homeless population between 2019 and 2020.

The number of people sleeping in sheltered locations such as emergency shelters or transitional housing grew by 0.6 percent while there was a seven percent increase in the number of people sleeping outdoors, whether that was the street, abandoned buildings or locations unfit for human habitation. The report found that 61 percent of all homeless Americans were staying in sheltered locations last year while 39 percent were sleeping rough outdoors.

Despite the recent increases, the report notes that the number of people experiencing homelessness on a single night in January 2020 was 10 percent lower than in 2007 when the data was first reported. Even though unsheltered homelessness has risen significantly over the past five years, it has actually experienced a long-term decline of 12 percent.

This chart shows the total number of homeless people in the United States by year.

total number of homeless people in the US by year

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.