New study reveals the U.S. state with the highest home ownership rate.
• Maine has the highest home ownership rate of the U.S. at 33%.
• West Virginia and Vermont are second and third.
• California has the lowest homeownership rate of the country at 18%.
Maine is the state with the highest home ownership in the United States, a new study revealed. The study, conducted by Malibu real estate agents, analyzed Census data on housing units, owner occupied units, and the total population of each state to discover which of the 50 states plus have the highest and the lowest homeownership rate.
Maine Homeownership
Maine: The number of owner-occupied housing units totals 437,858.38. The state has a total population of 1,338,404 results with a home ownership rate of 32.71%.
West Virginia & Vermont Highest Homeownership Rates
Second and third on the list are West Virginia and Vermont, which have almost the same home ownership rate – West Virginia at 32.15% and Vermont at 32.11%.
This is despite the large disparity in population the two states register.
West Virginia’s population is 1,805,832 and the number of owner-occupied housing units is 580,539; while in Vermont the population amounts to 626,299. The number of owner-occupied housing units is 201,094, more than half the numbers of the former.
USA Homeownership Data
A spokesperson for Malibu real estate agents commented on the findings: “Among the states with the highest rate and those with the lowest rate, the values are very similar.
The values at the two poles of the list:
- Maine on one side and California on the other have a drastic gap between them due to the population of California and the demographics of the state, which makes it more complicated for a large majority of the population to own a home.
Factors that matter for Midterm Elections
- Spending power per household
- Household Demographics: Homeownership vs. Renters
- Influence power ( business and social network)
- Political and Social Gender Influence
Top five U.S. states with the lowest homeownership rate
| State | Rate of Own Home Ownership |
| California | 18.35% |
| Hawaii | 19.36% |
| New York | 20.52% |
| Alaska | 23.36% |
Top five U.S. states with the highest homeownership rate
| State | Rate of Own Home Ownership |
| Maine | 32.71% |
| West Virginia | 32.15% |
| Vermont | 32.11% |
| Wyoming | 30.30% |
| Missouri | 30.29% |
Data Source
Census.gov
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