Special Report
The City With the Highest Homeownership Rate in Every State
May 20, 2022 11:00 am
Alabama: Daphne-Fairhope-Foley
> Homeownership rate: 77.0% (Alabama: 69.2%)
> Median home value: $211,600 (Alabama: $149,600)
> Median monthly housing costs (w/ a mortgage): $1,374 (Alabama: $1,196)
> Median monthly housing costs (no mortgage): $389 (Alabama: $367)
> Median household income: $61,756 (Alabama: $52,035)
> No. of metros considered in ranking: 12
Alaska: Anchorage
> Homeownership rate: 65.6% (Alaska: 64.8%)
> Median home value: $301,100 (Alaska: $275,600)
> Median monthly housing costs (w/ a mortgage): $2,045 (Alaska: $1,937)
> Median monthly housing costs (no mortgage): $693 (Alaska: $591)
> Median household income: $82,890 (Alaska: $77,790)
> No. of metros considered in ranking: 2
Arizona: Prescott Valley-Prescott
> Homeownership rate: 72.6% (Arizona: 65.3%)
> Median home value: $273,300 (Arizona: $242,000)
> Median monthly housing costs (w/ a mortgage): $1,384 (Arizona: $1,464)
> Median monthly housing costs (no mortgage): $398 (Arizona: $430)
> Median household income: $53,329 (Arizona: $61,529)
> No. of metros considered in ranking: 7
Arkansas: Hot Springs
> Homeownership rate: 67.1% (Arkansas: 65.8%)
> Median home value: $142,100 (Arkansas: $133,600)
> Median monthly housing costs (w/ a mortgage): $1,055 (Arkansas: $1,103)
> Median monthly housing costs (no mortgage): $352 (Arkansas: $353)
> Median household income: $48,150 (Arkansas: $49,475)
> No. of metros considered in ranking: 6
California: Madera
> Homeownership rate: 65.8% (California: 55.3%)
> Median home value: $268,500 (California: $538,500)
> Median monthly housing costs (w/ a mortgage): $1,578 (California: $2,422)
> Median monthly housing costs (no mortgage): $490 (California: $618)
> Median household income: $61,924 (California: $78,672)
> No. of metros considered in ranking: 26
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