AND WHY...? New York named among the states with fewest young homeowners.
| Date | 01 April 2024 |
| Published date | 01 April 2024 |
A new study has revealed the states with the fewest young homeowners, with Hawaii taking the top spot.
Real estate experts at Agent Advice analyzed data from The United States Census Bureau on mortgage status based on homeowners between the ages of 15 and 34 in 2022.
Hawaii ranks at the top, with 1.49% of the population being young homeowners. The state has a total of 309,687 homeowners; 21,428 of these fall into the 15 to 34 age category, with 4,430 being mortgage free.
Coming in second is California. The state has 617,931 young homeowners between 15 and 34 years old, with 500,567 of them having a mortgage. Against the population, that equates to 1.58% of all California's inhabitants as young homeowners between the...
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