Markets

Insider Trading

Hedge Funds

Retirement

Opinion

25 States with the Largest Homeless Populations in the US

Page 1 of 5

In this article, we look at the 25 States with the Largest Homeless Populations in the US.

Rise in U.S. Homelessness 

According to the 2023 annual homelessness assessment report by the U.S. Department of Housing and Urban Development, approximately 653,100 individuals or about 20 per 10,000 people in the United States are experiencing homelessness. Of these, 60% are in sheltered homelessness, while 40% are unsheltered. Homelessness increased by 12% nationwide in 2023 compared to the previous year. The year 2023 recorded the highest number of people experiencing homelessness, with a 16% rise in families with children and an 11% rise in individuals. Urban areas account for 59% of the homeless population, whereas suburban and rural areas represent 23% and 18% of the homeless population respectively.

Families with children represent 28% of the homeless population, with a 16% increase in 2023 compared to the previous year. The number of unaccompanied youth under the age of 25 increased by 15% to over 34,700, comprising 22% of all homeless individuals under the age of  25. African Americans along with indigenous people including Native Americans and Pacific Islanders are among the highest homeless population. African Americans represent 13% of the total population in the United States and account for 37% of the homeless population and 50% of homeless families with children. The number of homeless individuals identifying as Asian American saw the largest percentage increase, rising by 40% in 2023 compared to the previous year. There is a 64% increase in unsheltered homelessness among this group. Homelessness in Hispanics or Latinos increased by 28% and represents a 55% increase in 2023 compared to the previous year. The national inventory of beds for the homeless increased by 7% in 2023 compared to the previous year, there has been a significant growth in emergency shelter beds, particularly facility-based beds.

The rise in homelessness can be attributed to several interconnected factors, including the lack of affordable housing and increased rents. These issues create a housing crisis where many individuals and families cannot find or maintain stable housing. The shortage of affordable options forces people into homelessness, the affordable housing market has experienced significant growth in recent years. According to the Business Research Company, the market is valued at $57.62 billion in 2024 and is expected to reach $71.13 billion by 2028, with a forecasted CAGR of 5.4%.

A Top Provider of Affordable Housing

American Homes 4 Rent (NYSE:AMH) also referred to as AMH is a real estate investment trust (REIT) that specializes in the acquisition, renovation, leasing, and management of single-family homes, which are rented out as residential properties. American Homes 4 Rent (NYSE:AMH) is a large-scale integrated owner, operator, and developer of single-family rental homes in the United States and plays a vital role in housing needs, particularly for those seeking affordable and stable housing options.

On July 10, American Homes 4 Rent (NYSE:AMH), reported that the company delivered its 10,000th new home since it launched its development program in 2017 and has been recognized by Builder Magazine as the 39th largest homebuilder in the United States as the 2024 Builder 100 List. American Homes 4 Rent (NYSE:AMH) delivered 2,317 homes in 2023 and plans to deliver an additional 2,200 to 2,400 homes by the end of 2024. The company has built and managed over 170 single-family rental communities nationwide and has a land pipeline of more than 10,000 lots in various stages of development. Commenting on the event Chief Executive Officer of American Homes 4 Rent (NYSE:AMH)  David Singelyn said:

“AMH is focused on building quality rental homes and scalable communities across the country that add single-family housing supply in high-demand regions that need this product most. As we look ahead to the delivery of our next 10,000 homes, we remain committed to positively contributing to the national housing landscape and the economic development of markets across the U.S.”

There has been a rise in homelessness across the United States, with significant increases observed among families with children, unaccompanied youth, and various racial and ethnic groups. Addressing the surge in unsheltered individuals and the alarming growth will require a comprehensive approach, with that in context let’s take a look at the 25 states with the largest homeless populations in the US.

25 States with the Largest Homeless Populations in the US

Our Methodology

To compile our list of 25 states with the largest homeless populations in the US, we consulted The 2023 Annual Homelessness Assessment Report by The U.S. Department of Housing and Urban Development. We used the latest data available in their dataset, which provided us with estimates of people experiencing homelessness in every state in the United States. Here is the list of 25 states with the largest homeless populations in the US listed in ascending order according to the total number of homeless people.

Note: We included Washington, D.C. in our rankings because it has one of the largest homeless populations in the US.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

25 States with the Largest Homeless Populations in the US

25. Wisconsin  

Total Homeless Population: 4,861  

The state of Wisconsin is a major manufacturing and agriculture center. The homeless population in Wisconsin is estimated to be 4,861. Wisconsin has a rate of  8 homeless individuals per 10,000.

24. Washington, D.C.  

Total Homeless Population: 4,922  

Washington, D.C.  is a non-state territory and is the capital of the United States. Washington, D.C. is surrounded by the state of Maryland on the northwest, and southeast and by the state of Virginia. Current estimates show that 4,922 people in Washington, D.C. are homeless.

23. Maryland  

Total Homeless Population: 5,865  

The state of Maryland is strategically located near Washington D.C. and known for its economic and educational opportunities. Estimates suggest that Maryland has a homeless population of 5,865. 10 out of every 10,000 individuals are currently homeless in Maryland.

22. Indiana  

Total Homeless Population: 6,017  

Indiana is a state located in the Midwestern region of the U.S. Estimates suggest that Indiana has a homeless population of 6,017. Nine out of every 10,000 individuals are currently homeless in Indiana.

21. Hawaii  

Total Homeless Population: 6,223  

Hawaii is an island state of the United States located in the Pacific Ocean, about 2,000 miles southwest of the United States. Homelessness in Hawaii affects 43 out of every 10,000 people. Recent data indicates that there are 6,223 homeless individuals in Hawaii.

20. Missouri  

Total Homeless Population: 6,708  

Missouri is famous for the Ozark Mountains and the Mississippi River. Homelessness in Missouri affects 11 out of every 10,000 people. Estimates suggest that Missouri has a homeless population of 6,708.

19. Virginia  

Total Homeless Population: 6,761  

Virginia is a southeastern state in the United States. Current estimates show that 6,761 people in Virginia are homeless. Eight out of every 10,000 individuals are currently homeless in Virginia.

18. Minnesota  

Total Homeless Population: 8,393  

The state of Minnesota is known for its cultural diversity and vibrant arts scene. Minnesota has a rate of 15 homeless individuals per 10,000 people. 8,393 people in Minnesota are estimated to be homeless according to recent statistics.

17. Michigan  

Total Homeless Population: 8,997  

Michigan has a rich cultural heritage, including significant contributions to music and art. The total number of homeless people in Michigan is estimated to be 8,997. Michigan has a rate of 9 homeless individuals per 10,000 people.

16. Tennessee  

Total Homeless Population: 9,215  

The state of Tennessee has a strong cultural influence, especially in music and cuisine. Tennessee has a rate of 13 homeless individuals per 10,000 people. Recent data indicates that there are 9,215 homeless individuals in Tennessee.

15. North Carolina  

Total Homeless Population: 9,754  

North Carolina is known for its beautiful coastlines and the Blue Ridge Mountains. North Carolina has a rate of 9 homeless individuals per 10,000 people. Estimates suggest that North Carolina has a homeless population of 9,754.

14. New Jersey  

Total Homeless Population: 10,264  

New Jersey is a northeastern state in the United States and has 130 miles of the Atlantic coast.

Homelessness in New Jersey affects 11 out of every 10,000 people. The total number of homeless people in New Jersey is estimated to be 10,264.

13. Ohio  

Total Homeless Population: 11,386  

Ohio lies in the midwestern region of the United States. Estimates suggest that Ohio has a homeless population of 11,386. Around 10 out of every 10,000 individuals are currently homeless in Ohio.

12. Illinois  

Total Homeless Population: 11,947  

Illinois is known for its architectural marvels and historical sites. Illinois has a rate of 9 homeless individuals per 10,000 people. The homeless population in Illinois is estimated to be 11,947.

11. Georgia  

Total Homeless Population: 12,294  

Georgia is known for its peaches and pecans. Georgia has a rate of 11 homeless individuals per 10,000 people. Around 12,294 people in Georgia are estimated to be homeless according to recent statistics.

10. Pennsylvania  

Total Homeless Population: 12,556  

Pennsylvania is the fifth-most populous state also known as the chocolate capital of the United States. Recent data indicates that there are 12,556 homeless individuals in Pennsylvania and 10 out of every 10,000 individuals are currently homeless in Pennsylvania.

9. Arizona  

Total Homeless Population: 14,237  

Arizona is the sunniest state in the United States and is known for its desert landscapes and the Grand Canyon. Homelessness in Arizona affects 19 out of every 10,000 people. Current estimates show that 14,237 people in Arizona are homeless.

8. Colorado  

Total Homeless Population: 14,439  

The state of Colorado is renowned for its natural beauty and vibrant cultural scene. In 2023, homelessness in Colorado increased by 4,042 individuals compared to the previous year, representing a 38.9% rise. Colorado has a rate of 25 homeless individuals per 10,000 people. Estimates suggest that Colorado has a homeless population of 14,439.

7. Massachusetts  

Total Homeless Population: 19,141  

Massachusetts is home to prestigious universities like Harvard and MIT. In Massachusetts, it is estimated that there are 19,141 homeless people. Massachusetts has a rate of 27 homeless individuals per 10,000 people.

6. Oregon  

Total Homeless Population: 20,142  

Oregon is known for its diverse landscapes from coastal regions. Homelessness in Oregon affects 48 out of every 10,000 people. Around 20,142 people in Oregon are estimated to be homeless according to recent statistics.

5. Texas  

Total Homeless Population: 27,377  

Texas is the second largest state in the United States and is known for its vast landscapes and vibrant cities like Houston and Austin. The homeless population in Texas is estimated to be 27,377. About 9 out of every 10,000 individuals are currently homeless in Texas.

Page 1 of 5

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…