The number of homeless veterans across the country reduced to a record low of 37,878 for the first time in history. According to the 2018 Census Bureau data, veterans represented about 5.5% of the overall population in the U.S. Veteran homeowners attract numerous discounts on home insurance rates. vHomeInsurance dove deep to examine the trend in the number of homeless veterans over recent years. vHomeInsurance analyzed the market trends and mapped the number of homeless veterans and the unemployment rate among veterans by each year.


The analysis of the number of homeless veterans across the country over recent years revealed that the number of homeless veterans has reduced by 50% since 2009. The mapping of the number of homeless veterans with the unemployment rates establishes a direct correlation with the decrease in unemployment rates leading to a reduction in the number of homeless veterans. The year 2009 saw 73,367 veterans rendered homeless. From there on, it has been on a downward spiral, having reduced to 37,878 homeless veterans in the year 2018. The year 2017 witnessed a slight increase of  40,020 homeless veterans from 39,471 in the year 2016. The number of sheltered veterans and unsheltered veterans also saw a dip from the previous year with 23,312 and 14,566, respectively.

The unemployment rate among veterans has also reached an all-time low of 3.5% in the year 2018. The year 2010 witnessed the highest veteran unemployment rate in the country. The same year also saw the highest number of homeless veterans in the country. When discerning the sectors where veterans are employed, private for-profit organizations saw the majority of them being employed, at 62%. The local, state and federal government observed a veteran employment rate of 7%, 5%, and 15%, respectively.

The U.S. Department of Veteran Affairs constantly works for the welfare of veterans through several initiatives aimed at improving their lifestyle. VA provides special grants to veterans to help them construct, purchase, or modify an existing home. They also provide home loans through partner banks and help veterans in becoming homeowners.