Attention FAE Customers:
Please be aware that NASBA credits are awarded based on whether the events are webcast or in-person, as well as on the number of CPE credits.
Please check the event registration page to see if NASBA credits are being awarded for the programs you select.

Want to save this page for later?

Most Popular Content

Analysis: Percentage of Americans Working Remotely Remains Steady, But Not in All States

S.J. Steinhardt
Published Date:
Dec 5, 2022

Almost three in 10 Americans continue to work from home, a percentage almost unchanged from one year ago, according to an analysis of Census Bureau data by financial lending site LendingTree.

LendingTree found that 29.1 percent of Americans worked from home in October 2022, compared with 29.5 percent in October 2021. That percentage is greater among workers aged 25 to 39; 38.8 percent worked remotely a year ago, compared to 40.5 percent now.

“I think this age group particularly benefits from work from home because they’re often just starting families and need that flexibility more than their younger or older counterparts,” LendingTree Senior Director of Content Ismat Manglashe said.

The biggest drop among remote workers is among the 18- to 24-year-old age group, whose work-from-home rate fell by 12.6 percent, from 30.3 percent to 26.5 percent. The survey attributes that to a number of possible factors, such as members of that age group still being in college, and holding entry-level jobs less amenable to remote work.

Nationally, the biggest increase in remote work occurred in Rhode Island. The Ocean State saw its proportion of remote workers jump from 23.1 percent last year to 38.1 percent this year. A reason for that increase could be the state’s adoption of a rule this past June that allows its lenders, brokers and servicer employees to work remotely.

Other states experiencing a rise in remote work were South Dakota and Illinois.

On the other end of the spectrum, Wyoming, Arkansas and West Virginia saw the largest decreases in remote work over the past year. Wyoming’s remote workforce declined from 24.6 percent to 14.9 percent, making it the state with second-lowest rate of people working from home. West Virginia, where only 11.3 percent work from home, has the lowest rate.

New York was tied for 16th place among states with the biggest decreases in remote workers. It's work-from-home rate dropped from 30.8 in 2021 percent to 28.4 percent this year.

LendingTree researchers analyzed U.S. Census Bureau Household Pulse Survey data to estimate these percentages.