Metros with the Highest Rates of Homeownership, 2016
Thursday, March 1, 2018
Cheryl Russell, New Strategist Press
Among the nation's 75 largest metropolitan areas, these are the 10 with the highest rates of homeownership in 2016, according to the Census Bureau...
1. 76.2% in Grand Rapids, MI
2. 74.9% in Akron, OH
3. 73.4% in Sarasota, FL
4. 72.2% in Pittsburgh, PA
5. 71.6% in Detroit, MI
6. 69.2% in Omaha, NE
7. 69.2% in Salt Lake City, UT
8. 69.1% in Minneapolis, MN
9. 68.9% in Allentown, PA
10. 68.7% in Birmingham, AL
Metros with the Lowest Rates of Homeownership
Cheryl Russell, New Strategist Press
Among the nation's 75 largest metropolitan areas, these are the 10 with the lowest rate of homeownership in 2016, according to the Census Bureau...
1. 47.1% in Los Angeles, CA
2. 49.9% in San Jose, CA
3. 50.4% in New York, NY
4. 51.3% in Las Vegas, NV
5. 53.3% in San Diego, CA
6. 55.8% in San Francisco, CA
7. 56.0% in Tucson, AZ
8. 56.0% in Fresno, CA
9. 56.5% in Austin, TX
10. 57.5% in Providence, RI
Owner-occupied homes have a median age of 40. Half were built before 1978 and half after.
Source: American Marketplace, 14th ed.
