WASHINGTON, Oct. 4 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
MONDAY, OCTOBER 4: FIRST HOME DEVELOPER
Profile America -- Monday, October 4th. The way Americans buy a home changed forever this week in 1947. That's when one of the first communities built by a real estate developer opened for residents to move into -- Levittown, on New York's Long Island. Named for William and Alfred Levitt, the town ultimately contained more than 17,000 Cape Cod and ranch houses, snapped up by soldiers returning from World War II and facing an acute housing shortage. The houses in Levittown had 800 square feet of floor space and sold for $7,500. Today, the average new home in America has just over 2,500 square feet of living space and sells for more than $232,000. You can find these and more facts about America from the U.S. Census Bureau, online at www.census.gov.
Sources: Statistical Abstract of the United States 2010, p. 936, 940
Profile America is produced by the Public Information Office of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on a monthly CD or on the Internet at http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button).
SOURCE U.S. Census Bureau