Map Shows US States With Highest, Lowest Homeownership

New York and California have the lowest percentage of homes occupied by their owners in the country.

In the rolling mountains, hills and valleys of Appalachia, you'll find the state with the highest percentage of homes occupied by their owners: West Virginia. The Mountain State has the highest homeownership rate in the entire country, at 74.5 percent, according to the latest Census Bureau data.Coincidentally, and perhaps unsurprisingly, the average home value in West Virginia is less than half that for the entire country.

Read more: How to Buy a House With Bad CreditThe East Coast also has the state with the lowest rate of homeownership in the country: New York, at 54.1 percent. On the opposite side of the country is the second-lowest rate in the nation: California's 55.8 percent.In New York, the average home value is $732,594, down 24.4 percent year over year, according to Zillow. In California, it is higher, at $765,197, down 44.5 percent compared with a year before.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Newsweek /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Map Shows Best 15 US States to See Solar Eclipse in 2024The sun will be totally blocked from view in 12 states, while three others will see a partial eclipse.
Read more »

Map Shows 8 States Bracing for New Winter StormThe storm will deliver a 'one-two punch' to one area as a second storm follows in its wake.
Read more »

Map Shows States About to Get Hit With 'Significant' Winter StormFour states have a 50 percent to 70 percent chance of heavy snow over the weekend and into next week.
Read more »

Map Shows States Where Gas Prices Are Higher Than a Year AgoPrices are rising across a majority of U.S. states, according to the latest AAA data.
Read more »

Map Shows States Where House Foreclosures Are RisingMajor metropolitan areas, especially those with high populations, are seeing an uptick in foreclosure filings.
Read more »

Map Shows US States With Highest, Lowest RentResidents of the Midwest and the South enjoy cheaper rent than those in the North and the West, according to the latest data.
Read more »