According to a recent survey, approximately 6% of American households own a vacation home. This percentage represents an increase of over 1% since the last comprehensive study on recreational properties was conducted 17 years ago. It’s interesting to note that the study also found that 2.1 million households own camping sites or land, indicating that many Americans enjoy their time off in the great outdoors. Some additional findings from the survey include:
The average household income of vacation home owners is over $100,000 per year
The most popular locations for vacation homes are Florida, California, and New York
More than half of vacation home owners have owned their property for over a decade
Ultimately, it seems that owning a vacation home is a popular choice for a small but growing percentage of Americans. While it may not be feasible for everyone, those who are able to make this investment can enjoy all the benefits of having a special place to escape to and create lasting memories with family and friends.