Within the U.S., women are still up against systemic biases that usually mean they’re paid lower than men within the workplace and find yourself less well-off financially. But in accordance with evaluation of recent data from the U.S. Census Bureau, women do have an edge with regards to homeownership.
A January LendingTree report found that single women who live by themselves are more likely than single men who live by themselves to own a house in 47 of fifty U.S. states. The study also found that single women own 2.71 million more homes than single men, or a mean of 12.93% of homes across the 50 states versus 10.22%.
To rank the states with essentially the most single women and single men homeowners, LendingTree analyzed microdata from the U.S. Census Bureau 2022 American Community Survey and focused on owner-occupied housing units whose owners were living by themselves.
Delaware ranked because the state with the very best share of homes owned by single-women. It also has the most important homeownership gap, in accordance with LendingTree.
15.34% of owner-occupied households within the state are owned by single women, while the share of households owned by single men is 9.45%.
It is a gender gap of 5.89 percentage points between these single homeowners.
The common Delaware home value is $371,811, up 4.7% over the past yr, in accordance with Zillow.
Delaware is perhaps the second smallest state within the U.S. but it surely sometimes called the “Chemical Capital of the World” due to its heavy ties to chemical manufacturing, in accordance with U.S. News and World Report.
The state has also attracted many top firms due to its favorable laws for companies and low tax incentives.
- Latest Mexico
- South Carolina
- West Virginia
Louisiana ranked because the No. 2 state with the most important share of single-women homeowners.
Based on LendingTree, 15.19% of households within the state are owned and occupied by single women, while 10.71% of households are owned and operated by single men.
The common Louisiana home value is $194,453, down 2.9% over the past yr, in accordance with Zillow.
Louisiana is world-renowned for its unique French heritage and multicultural society. Despite that, the state is commonly ranked as one in every of the worst states within the U.S.
A U.S. News and World Report cited Louisiana’s rise in violent crime, a dwindling population and industrial pollution amongst the rationale why the state continues rating so poorly.
Latest Mexico ranked because the state with the most important share of single-men homeowners. On this state, single men own 12.85% of all owner-occupied housing units.
Based on Zillow, the typical Latest Mexico home value is $288,855, up 4.8% over the past yr.
While Latest Mexico ranks higher by way of its economy and quality of life, the state lags behind in education and health, in accordance with a 2023 WalletHub report.
Latest Mexico does have a really diverse economy that features cattle ranching, mining, and oil. Multiple-third of the land in Latest Mexico is protected by the federal government.
It’s home to the Los Alamos National Laboratories and Trinity, the positioning of the primary nuclear test.
- Latest Mexico
- North Dakota
- South Dakota
- West Virginia
North Dakota is No. 2 on the list of states with the most important share of single-men homeowners.
Households owned and occupied by single men is 12.74% while its 10.66% for single women. The common North Dakota home value is $244,772, down 1.2% over the past yr, in accordance with Zillow.
The state is thought for being wealthy in natural resources and has one in every of the bottom unemployment rates within the U.S., in accordance with the U.S. Bureau of Labor Statistics.
North Dakota ranks because the No. 14 best state within the U.S., in accordance with U.S. News and World Report. Since a variety of land in North Dakota is devoted to farming, a variety of the state’s population works in agriculture.