”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.
Buzz: The share of Californians living in their own home hit an 11-year high last year but the state’s homeownership rate is third-worst in the nation.
Source: My trusty spreadsheet analyzed state homeownership stats from the Census Bureau, looking at 2022’s average rate vs. the pre-pandemic 2010-19 average.
Topline
California’s 55.3% average homeownership rate in 2022 was the state’s best since 2011 – but only Washington, D.C., at 42% and New York at 54% were lower.
The highest ownership rates in 2022 were found