Vacation homes make up 6.2% of Wisconsin's housing stock, totaling 172,842 units. Nationally, vacation homes have declined from 5.47 million in 2018 to 4.74 million in 2024, now comprising 3.3% of U.S. housing. Timeshares have higher occupancy (79.9%) than hotels (62.3%), efficiently using vacation properties. Florida has the most vacation homes, while Maine and Vermont have the highest concentration. Vacation homes dominate in small resort communities, sometimes exceeding 50% of housing.