Curious how many people own homes in each state? I knew you were.
I got the following numbers right out of the Census page on Housing Vacancy and Ownership
The home ownership rate per state in 2014 :
| Alabama | 72.1% |
| Alaska | 64.9% |
| Arizona | 63.5% |
| Arkansas | 65.4% |
| California | 54.2% |
| Colorado | 65.0% |
| Connecticut | 67.4% |
| Delaware | 74.3% |
| D.C. | 41.5% |
| Florida | 64.9% |
| Georgia | 62.9% |
| Hawaii | 58.4% |
| Idaho | 69.6% |
| Illinois | 66.4% |
| Indiana | 70.1% |
| Iowa | 69.4% |
| Kansas | 64.7% |
| Kentucky | 67.6% |
| Louisiana | 65.3% |
| Maine | 71.0% |
| Maryland | 66.2% |
| Massachusetts | 63.0% |
| Michigan | 73.8% |
| Minnesota | 71.4% |
| Mississippi | 73.2% |
| Missouri | 70.5% |
| Montana | 66.9% |
| Nebraska | 66.7% |
| Nevada | 56.0% |
| New Hampshire | 72.2% |
| New Jersey | 65.2% |
| New Mexico | 66.3% |
| New York | 52.9% |
| North Carolina | 66.4% |
| North Dakota | 64.5% |
| Ohio | 67.3% |
| Oklahoma | 69.3% |
| Oregon | 62.8% |
| Pennsylvania | 69.7% |
| Rhode Island | 61.8% |
| South Carolina | 72.9% |
| South Dakota | 69.2% |
| Tennessee | 66.7% |
| Texas | 62.2% |
| Utah | 70.9% |
| Vermont | 73.5% |
| Virginia | 68.7% |
| Washington | 63.6% |
| West Virginia | 75.6% |
| Wisconsin | 67.8% |
| Wyoming | 70.8% |
The states with the highest home ownership rate are :
| West Virginia | 75.6% |
| Delaware | 74.3% |
| Michigan | 73.8% |
| Vermont | 73.5% |
| Mississippi | 73.2% |
And the lowest are :
| D.C. | 41.5% |
| New York | 52.9% |
| California | 54.2% |
| Nevada | 56.0% |
| Hawaii | 58.4% |
Basically I assume what we see here is that if housing is expensive fewer people own. Or if states have more or less established populations you will see more or less home ownership. That second
reason is why I think Nevada is low and Delaware is high.
The Census page has annual data going back to 1988. Comparing 1988 to 2014 you can see some gradual changes in the home ownership rates per state.
States with the largest drops in home ownership were :
| Kansas | -3.9% |
| Louisiana | -3.2% |
| North Dakota | -3.2% |
| Oklahoma | -2.8% |
| Arizona | -2.6% |
And the states that saw home ownership go up the most were :
| Alaska | 7.9% |
| Missouri | 5.7% |
| Alabama | 5.6% |
| Hawaii | 5.2% |
| Illinois | 5.0% |
I honestly can't begin to guess at reasons that would explain why home ownership would have gone up or down in those states.
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