Washington: Rising Homelessness Rates
In 2024, the number of people experiencing homelessness in the United States reached a new record, largely driven by persistent inflation and high housing prices. According to the Department of Housing and Urban Development (HUD), approximately 771,480 people were homeless on a single night in January 2024, an 18% increase from 2023.
Rising Housing Costs
The increase is largely attributed to rising housing costs, with the median rent in January 2024 being 20% higher than in January 2021. The HUD report also pointed to “stagnating wages among middle and lower-income households” and “the continuing effects of systemic racism” as contributing factors.
Other Contributing Factors
Natural disasters, rising immigration, and the cessation of COVID-19 era homelessness prevention programs also played a role in the rise.
Increase in Homeless Children
Nearly 150,000 children were homeless on a single night this year, marking a 33% rise over 2023. Children under 18 saw the largest surge in homelessness between 2023 and 2024.
Racial Disparities
The report also highlighted the overrepresentation of Black individuals among the homeless population. While Black people make up 12% of the U.S. population, they account for 32% of those experiencing homelessness.
Decrease in Veteran Homelessness
On a positive note, homelessness among veterans has dropped to its lowest level on record.
