States With the Highest Homeownership Rates

Special Report

October 10, 2021 10:00 am

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45. Rhode Island
> Homeownership rate: 61.7%
> Median owner-occupied home value: $283,000 (13th highest)
> Housing units with a mortgage: 66.3% (9th highest)
> Median monthly housing costs (w/ mortgage): $1,837 (12th highest)
> Median household income: $71,169 (15th highest)

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44. Texas
> Homeownership rate: 61.9%
> Median owner-occupied home value: $200,400 (22nd lowest)
> Housing units with a mortgage: 56.1% (11th lowest)
> Median monthly housing costs (w/ mortgage): $1,675 (16th highest)
> Median household income: $64,034 (22nd highest)

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43. Massachusetts
> Homeownership rate: 62.2%
> Median owner-occupied home value: $418,600 (3rd highest)
> Housing units with a mortgage: 68.3% (5th highest)
> Median monthly housing costs (w/ mortgage): $2,276 (4th highest)
> Median household income: $85,843 (2nd highest)

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42. Oregon
> Homeownership rate: 62.9%
> Median owner-occupied home value: $354,600 (6th highest)
> Housing units with a mortgage: 66.1% (11th highest)
> Median monthly housing costs (w/ mortgage): $1,750 (14th highest)
> Median household income: $67,058 (18th highest)

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41. Washington
> Homeownership rate: 63.1%
> Median owner-occupied home value: $387,600 (5th highest)
> Housing units with a mortgage: 67.7% (6th highest)
> Median monthly housing costs (w/ mortgage): $1,951 (9th highest)
> Median household income: $78,687 (7th highest)

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