Special Report
The City With the Highest Homeownership Rate in Every State
May 20, 2022 11:00 am
Hawaii: Kahului-Wailuku-Lahaina
> Homeownership rate: 62.5% (Hawaii: 60.3%)
> Median home value: $657,400 (Hawaii: $636,400)
> Median monthly housing costs (w/ a mortgage): $2,440 (Hawaii: $2,443)
> Median monthly housing costs (no mortgage): $466 (Hawaii: $540)
> Median household income: $84,363 (Hawaii: $83,173)
> No. of metros considered in ranking: 2
Idaho: Lewiston
> Homeownership rate: 72.7% (Idaho: 70.8%)
> Median home value: $207,200 (Idaho: $235,600)
> Median monthly housing costs (w/ a mortgage): $1,326 (Idaho: $1,312)
> Median monthly housing costs (no mortgage): $411 (Idaho: $388)
> Median household income: $55,657 (Idaho: $58,915)
> No. of metros considered in ranking: 6
Illinois: Peoria
> Homeownership rate: 72.1% (Illinois: 66.3%)
> Median home value: $133,600 (Illinois: $202,100)
> Median monthly housing costs (w/ a mortgage): $1,248 (Illinois: $1,709)
> Median monthly housing costs (no mortgage): $527 (Illinois: $650)
> Median household income: $60,094 (Illinois: $68,428)
> No. of metros considered in ranking: 10
Indiana: Michigan City-La Porte
> Homeownership rate: 73.3% (Indiana: 69.5%)
> Median home value: $139,900 (Indiana: $148,900)
> Median monthly housing costs (w/ a mortgage): $1,060 (Indiana: $1,155)
> Median monthly housing costs (no mortgage): $412 (Indiana: $416)
> Median household income: $57,010 (Indiana: $58,235)
> No. of metros considered in ranking: 12
Iowa: Cedar Rapids
> Homeownership rate: 75.3% (Iowa: 71.2%)
> Median home value: $159,800 (Iowa: $153,900)
> Median monthly housing costs (w/ a mortgage): $1,350 (Iowa: $1,279)
> Median monthly housing costs (no mortgage): $535 (Iowa: $495)
> Median household income: $66,620 (Iowa: $61,836)
> No. of metros considered in ranking: 8
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