73.4%
Homeownership rate
8th in the U.S.
Rank
26.6%
Renter households
Historical data
Coming soon
Long-run charts for this indicator are on the way.
Compared to the United States
| Indicator | Michigan | United States |
|---|---|---|
| Homeownership rate (%) | 73.4 | 65.7 |
National ranking
Michigan ranks #2 of 48 states by homeownership rate.
| #1 | Maine | 76.1% |
| #2 | Michigan | 73.4% |
| #3 | Minnesota | 72% |
| #4 | Delaware | 71.8% |
| #5 | Indiana | 71.4% |
| #6 | New Hampshire | 71% |
| #7 | Utah | 70.6% |
| #8 | Montana | 69.9% |
| #9 | Pennsylvania | 69.4% |
| #10 | Missouri | 68.6% |
| #11 | South Dakota | 68.6% |
| #12 | Kentucky | 68.5% |
| #13 | Arizona | 68% |
| #14 | New Mexico | 68% |
| #15 | Ohio | 67.4% |
| #16 | Connecticut | 67.4% |
| #17 | Hawaii | 67.4% |
| #18 | Arkansas | 67.4% |
| #19 | Mississippi | 67.4% |
| #20 | Alabama | 67.4% |
| #21 | South Carolina | 67.4% |
| #22 | West Virginia | 67.4% |
| #23 | Nebraska | 67.4% |
| #24 | Maryland | 67.4% |
| #25 | Iowa | 67.4% |
| #26 | Idaho | 67.4% |
| #27 | Kansas | 67.4% |
| #28 | Wisconsin | 67.1% |
| #29 | Virginia | 67% |
| #30 | Illinois | 66.7% |
| #31 | North Carolina | 66.6% |
| #32 | Tennessee | 66.5% |
| #33 | Oklahoma | 66.5% |
| #34 | Florida | 66.3% |
| #35 | Louisiana | 65.8% |
| #36 | Colorado | 65.5% |
| #37 | Georgia | 65.5% |
| #38 | New Jersey | 64.3% |
| #39 | Texas | 63.4% |
| #40 | Oregon | 63.3% |
| #41 | Washington | 63% |
| #42 | Rhode Island | 62.2% |
| #43 | Massachusetts | 61.9% |
| #44 | Nevada | 58.8% |
| #45 | California | 55.9% |
| #46 | New York | 54.1% |
| #47 | Vermont | 8 |
| #48 | Wyoming | 8% |
Overview
In Michigan, homeownership rate stands at 73.4% (homeownership rate). The U.S. figure for Homeownership rate (%) is 65.7, versus 73.4 for Michigan. Other homeownership rate indicators for Michigan — Rank: 8th in the U.S.; Renter households: 26.6%.
Did you know?
- Michigan has one of the highest homeownership rates in the country, helped by cheap single-family housing.