Special Report
The City With the Highest Homeownership Rate in Every State
May 20, 2022 11:00 am
New Mexico: Santa Fe
> Homeownership rate: 71.2% (New Mexico: 68.0%)
> Median home value: $294,800 (New Mexico: $175,700)
> Median monthly housing costs (w/ a mortgage): $1,557 (New Mexico: $1,293)
> Median monthly housing costs (no mortgage): $416 (New Mexico: $360)
> Median household income: $60,668 (New Mexico: $51,243)
> No. of metros considered in ranking: 4
New York: Glens Falls
> Homeownership rate: 71.6% (New York: 54.1%)
> Median home value: $177,000 (New York: $325,000)
> Median monthly housing costs (w/ a mortgage): $1,429 (New York: $2,174)
> Median monthly housing costs (no mortgage): $523 (New York: $781)
> Median household income: $62,284 (New York: $71,117)
> No. of metros considered in ranking: 13
North Carolina: Hickory-Lenoir-Morganton
> Homeownership rate: 73.4% (North Carolina: 65.7%)
> Median home value: $139,100 (North Carolina: $182,100)
> Median monthly housing costs (w/ a mortgage): $1,048 (North Carolina: $1,328)
> Median monthly housing costs (no mortgage): $330 (North Carolina: $402)
> Median household income: $49,706 (North Carolina: $56,642)
> No. of metros considered in ranking: 15
North Dakota: Bismarck
> Homeownership rate: 70.4% (North Dakota: 62.5%)
> Median home value: $254,900 (North Dakota: $199,900)
> Median monthly housing costs (w/ a mortgage): $1,611 (North Dakota: $1,457)
> Median monthly housing costs (no mortgage): $520 (North Dakota: $476)
> Median household income: $72,886 (North Dakota: $65,315)
> No. of metros considered in ranking: 3
Ohio: Youngstown-Warren-Boardman
> Homeownership rate: 70.3% (Ohio: 66.3%)
> Median home value: $110,300 (Ohio: $151,400)
> Median monthly housing costs (w/ a mortgage): $1,055 (Ohio: $1,286)
> Median monthly housing costs (no mortgage): $415 (Ohio: $480)
> Median household income: $48,020 (Ohio: $58,116)
> No. of metros considered in ranking: 11
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