Special Report
The City With the Highest Homeownership Rate in Every State
May 20, 2022 11:00 am
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Kansas: Topeka
> Homeownership rate: 69.4% (Kansas: 66.2%)
> Median home value: $137,900 (Kansas: $157,600)
> Median monthly housing costs (w/ a mortgage): $1,246 (Kansas: $1,400)
> Median monthly housing costs (no mortgage): $521 (Kansas: $517)
> Median household income: $59,815 (Kansas: $61,091)
> No. of metros considered in ranking: 4
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Kentucky: Owensboro
> Homeownership rate: 68.5% (Kentucky: 67.6%)
> Median home value: $139,300 (Kentucky: $147,100)
> Median monthly housing costs (w/ a mortgage): $1,145 (Kentucky: $1,191)
> Median monthly housing costs (no mortgage): $401 (Kentucky: $379)
> Median household income: $54,946 (Kentucky: $52,238)
> No. of metros considered in ranking: 5
24/7 Wall St.
Louisiana: Houma-Thibodaux
> Homeownership rate: 73.9% (Louisiana: 66.6%)
> Median home value: $157,000 (Louisiana: $168,100)
> Median monthly housing costs (w/ a mortgage): $1,309 (Louisiana: $1,310)
> Median monthly housing costs (no mortgage): $298 (Louisiana: $344)
> Median household income: $53,267 (Louisiana: $50,800)
> No. of metros considered in ranking: 9
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Maine: Portland-South Portland
> Homeownership rate: 72.1% (Maine: 72.9%)
> Median home value: $273,100 (Maine: $198,000)
> Median monthly housing costs (w/ a mortgage): $1,694 (Maine: $1,404)
> Median monthly housing costs (no mortgage): $606 (Maine: $500)
> Median household income: $72,552 (Maine: $59,489)
> No. of metros considered in ranking: 3
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Maryland: Salisbury
> Homeownership rate: 74.3% (Maryland: 67.1%)
> Median home value: $243,900 (Maryland: $325,400)
> Median monthly housing costs (w/ a mortgage): $1,471 (Maryland: $2,038)
> Median monthly housing costs (no mortgage): $490 (Maryland: $633)
> Median household income: $62,799 (Maryland: $87,063)
> No. of metros considered in ranking: 5
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