Special Report
The Town in Every State Where the Most People Own the Homes They Live In
May 17, 2022 6:00 pm
Source: dougal / iStock via Getty Images
Alabama: Highland Lakes
> Homeownership rate: 98.2% (Alabama: 69.2%)
> Median home value: $450,500 (Alabama: $149,600)
> Median monthly housing costs (w/ a mortgage): $2,367 (Alabama: $1,196)
> Median monthly housing costs (no mortgage): $686 (Alabama: $367)
> Median household income: $155,200 (Alabama: $52,035)
> No. of towns considered in ranking: 180
Source: Courtesy of Sterling Community Center
Alaska: Sterling
> Homeownership rate: 88.3% (Alaska: 64.8%)
> Median home value: $301,900 (Alaska: $275,600)
> Median monthly housing costs (w/ a mortgage): $1,767 (Alaska: $1,937)
> Median monthly housing costs (no mortgage): $486 (Alaska: $591)
> Median household income: $90,799 (Alaska: $77,790)
> No. of towns considered in ranking: 43
24/7 Wall St.
Source: skibreck / iStock via Getty Images
Arizona: Rio Verde
> Homeownership rate: 98.9% (Arizona: 65.3%)
> Median home value: $544,100 (Arizona: $242,000)
> Median monthly housing costs (w/ a mortgage): $2,226 (Arizona: $1,464)
> Median monthly housing costs (no mortgage): $684 (Arizona: $430)
> Median household income: $125,611 (Arizona: $61,529)
> No. of towns considered in ranking: 115
Source: Courtesy of City of Cave Springs Arkansas via Facebook
Arkansas: Cave Springs
> Homeownership rate: 94.6% (Arkansas: 65.8%)
> Median home value: $305,300 (Arkansas: $133,600)
> Median monthly housing costs (w/ a mortgage): $1,890 (Arkansas: $1,103)
> Median monthly housing costs (no mortgage): $559 (Arkansas: $353)
> Median household income: $133,981 (Arkansas: $49,475)
> No. of towns considered in ranking: 122
California: North Shore
> Homeownership rate: 96.8% (California: 55.3%)
> Median home value: $140,700 (California: $538,500)
> Median monthly housing costs (w/ a mortgage): $1,173 (California: $2,422)
> Median monthly housing costs (no mortgage): $405 (California: $618)
> Median household income: $26,250 (California: $78,672)
> No. of towns considered in ranking: 542
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