CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Homeownership Rate

Definition

Percentage of occupied housing units that are owner-occupied, 2010.

Description

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 directly measuring home equity, this measure provides an indication of how many families in a state have the opportunity to build wealth in the form of home equity.

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Homeownership Rate

StateHomeownership Rate (%)Rank
United States  65.4%   
Alabama  70.1%  11 
Alaska  63.9%  41 
Arizona  65.2%  40 
Arkansas  67.4%  32 
California  55.6%  49 
Colorado  65.9%  39 
Connecticut  68.0%  26 
Delaware  73.0% 
District of Columbia  42.5%  51 
Florida  68.1%  22 
Georgia  66.2%  38 
Hawaii  58.0%  47 
Idaho  69.6%  16 
Illinois  67.7%  29 
Indiana  70.3% 
Iowa  72.4% 
Kansas  68.1%  24 
Kentucky  68.6%  20 
Louisiana  67.6%  31 
Maine  72.7% 
Maryland  67.0%  35 
Massachusetts  62.2%  45 
Michigan  72.8% 
Minnesota  73.0% 
Mississippi  69.8%  13 
Missouri  69.0%  17 
Montana  69.7%  15 
Nebraska  67.4%  33 
Nevada  57.2%  48 
New Hampshire  71.7% 
New Jersey  66.4%  37 
New Mexico  67.9%  27 
New York  54.3%  50 
North Carolina  67.2%  34 
North Dakota  66.9%  36 
Ohio  68.4%  21 
Oklahoma  67.8%  28 
Oregon  62.5%  44 
Pennsylvania  70.1%  10 
Rhode Island  60.8%  46 
South Carolina  68.7%  18 
South Dakota  68.0%  25 
Tennessee  68.1%  23 
Texas  63.6%  42 
Utah  69.9%  12 
Vermont  70.4% 
Virginia  67.7%  30 
Washington  63.1%  43 
West Virginia  74.6% 
Wisconsin  68.7%  19 
Wyoming  69.7%  14 

Source

2010 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2010.

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