CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Households with Savings Accounts

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Change in Consumers with Subprime Credit

Change in Average Credit Card Debt

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Homeownership Rate

Reports & Graphics

Definition

Percentage of occupied housing units that are owner-occupied, 2011.

Description

A home is an asset that allows stability, fosters long-term thinking, and builds both financial equity and commitment to a neighborhood. Homeownership is also the primary means through which most Americans build wealth. While not a measure of home equity, the rate of homeownership provides an indication of how many families in a state have the opportunity to build wealth in the form of home equity.

toggle page width

Homeownership Rate

StateHomeownership Rate (%)Rank
United States  64.6%   
Alabama  69.9%  10 
Alaska  63.1%  41 
Arizona  63.7%  40 
Arkansas  66.6%  33 
California  54.9%  49 
Colorado  64.4%  39 
Connecticut  67.4%  24 
Delaware  71.6% 
District of Columbia  41.2%  51 
Florida  66.7%  32 
Georgia  64.6%  38 
Hawaii  56.8%  47 
Idaho  68.7%  17 
Illinois  67.3%  25 
Indiana  69.7%  12 
Iowa  72.4% 
Kansas  67.8%  23 
Kentucky  68.9%  16 
Louisiana  66.4%  35 
Maine  71.0% 
Maryland  67.3%  26 
Massachusetts  62.1%  44 
Michigan  71.7% 
Minnesota  72.8% 
Mississippi  69.8%  11 
Missouri  68.0%  20 
Montana  67.9%  21 
Nebraska  66.9%  31 
Nevada  56.3%  48 
New Hampshire  71.5% 
New Jersey  65.0%  37 
New Mexico  68.2%  19 
New York  53.6%  50 
North Carolina  66.5%  34 
North Dakota  65.7%  36 
Ohio  67.0%  30 
Oklahoma  67.0%  29 
Oregon  60.8%  45 
Pennsylvania  69.5%  13 
Rhode Island  60.6%  46 
South Carolina  69.2%  15 
South Dakota  68.5%  18 
Tennessee  67.3%  28 
Texas  62.9%  42 
Utah  69.4%  14 
Vermont  71.3% 
Virginia  67.3%  27 
Washington  62.8%  43 
West Virginia  72.3% 
Wisconsin  67.9%  22 
Wyoming  70.6% 

Source

2011 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2012.

Copyright © 2013 CFED — Corporation for Enterprise Development 1200 G Street, NW Suite 400 Washington, DC 20005 202.408.9788

Powered by ARCOS