Facts and Statistics Confirming How Manufactured Homes are at he Forefront of Quality Affordable Housing
Source: Institute for Building Technology and Safety (May 2022) via MHI Manufactured Housing Institute.
The following overview snapshot provides statistical verification confirming how manufactured homes are at the forefront in satisfying the need for quality, affordable housing, at a time when that need has never been greater.
Today’s manufactured homes can deliver outstanding quality and performance at prices that are up to 50 percent less per square foot than conventional site-built homes.These savings allow more and more Americans to own their own home, even in the face of an ever widening housing affordability gap.
22 Million Americans Live in Manufactured Homes
9% of New Single-Family Home Starts
Manufactured Home Communities
43,000 + Land-Lease Communities
4.3 Million Estimated Home Sites in Communities
4.2% Average Annual Site Rent increase
51% of New Homes are placed in communities
71% of Residents Cite Affordability as a Key Driver in Choosing Manufactured Housing
90% Of Community Residents are Satisfied With Their Homes
Affordable Homeownership
Manufactured Homes:
Appreciate- Median-Value increased 39% compared with 33% for site built homes (without land).
Manufactured Homes:
$108,100 Average cost
$72.21 Per Sq.ft.
Single Section $72,600
Multi-Section $132,000
Site-Built Homes:
$365,000 Average Cost
$143.83 Per Sq.ft.
143 Manufactured Home Production Facilities (35 Corporations) in The United States
- 26 production plants in Texas
- 18 production plants in Alabama
- 10 production plants in Tennessee
- 11 production plants in Pennsylvania
- 9 production plants in Georgia
- 9 production plants in Indiana
- 9 production plants in California
- 9 production plants in Florida
- 5 production plants in North Carolina
- 5 production plants in Oregon
- 5 production plants in Arizona
- 3 production plants in Idaho
- 4 production plants in Minnesota
- 2 production plants in New Mexico
- 2 production plants in Nebraska
- 2 production facilities in Wisconsin
- 2 production plants in Ohio
- 2 production plants in Washington
- 1 production plants in Mississippi
- 1 production plants in Virginia
- 1 production plant in Washington, So.Dakota, Kansas, Oklahoma, New York.and Kentucky
- 0 production facilities in Montana, Wyoming, Alaska, Hawaii, No. Dakota, Wyoming, Nevada, Utah Colorado, Iowa. Missouri, Arkansas, Illinois Louisiana, Michigan, West Virginia, South Carolina, Vermont, New Hampshire Maine, Massachusetts, Maryland and Washington D.C.
