CFED Scorecard

CFED Assets & Opportunity Scorecard

Homeownership Rate Reports & Graphics

A home is an asset that allows stability, fosters long-term thinking, and builds both financial equity and commitment to a neighborhood. Homeownership is also the primary means through which most Americans build wealth. While not a measure of home equity, the rate of homeownership provides an indication of how many families in a state have the opportunity to build wealth in the form of home equity.

Homeownership Rate, 2012

StateHomeownership Rate (%)Rank
United States  63.9%   
Alabama  68.8%  13 
Alaska  63.4%  40 
Arizona  62.6%  41 
Arkansas  66.2%  31 
California  54.0%  49 
Colorado  64.0%  38 
Connecticut  66.9%  23 
Delaware  70.8% 
District of Columbia  41.5%  51 
Florida  65.6%  34 
Georgia  63.7%  39 
Hawaii  56.9%  47 
Idaho  68.4%  14 
Illinois  66.6%  25 
Indiana  69.4%  10 
Iowa  71.9% 
Kansas  66.4%  28 
Kentucky  67.0%  22 
Louisiana  65.7%  33 
Maine  71.4% 
Maryland  66.5%  26 
Massachusetts  62.2%  44 
Michigan  71.1% 
Minnesota  71.4% 
Mississippi  68.2%  15 
Missouri  67.5%  18 
Montana  67.1%  21 
Nebraska  66.3%  29 
Nevada  54.9%  48 
New Hampshire  70.9% 
New Jersey  65.1%  36 
New Mexico  67.7%  17 
New York  53.7%  50 
North Carolina  65.4%  35 
North Dakota  65.0%  37 
Ohio  66.3%  30 
Oklahoma  66.4%  27 
Oregon  61.6%  45 
Pennsylvania  68.9%  12 
Rhode Island  60.0%  46 
South Carolina  68.1%  16 
South Dakota  67.1%  20 
Tennessee  66.7%  24 
Texas  62.3%  43 
Utah  69.6% 
Vermont  71.0% 
Virginia  66.2%  32 
Washington  62.3%  42 
West Virginia  72.0% 
Wisconsin  67.3%  19 
Wyoming  69.0%  11 

Definition

Percentage of occupied housing units that are owner-occupied, 2012.

Source

2012 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2013.

Copyright © 2016 CFED — Corporation for Enterprise Development 1200 G Street, NW Suite 400 Washington, DC 20005 202.408.9788