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Single women own more homes than single men in the United States, according to a recent study. Online marketplace company, LendingTree, says single women in America own 2.64 million more homes than their male counterparts.
Nearly 11 million homes (10.76 million) are owned by single women (12.9%) while single men own approximately 8.12 million (10.06%) homes in the country, the study says.
This comes despite American women making less than men in median earnings for 2021. For that year, women earn 83.1 cents for every dollar a man makes, according to the U.S. Bureau of Labor Statistics (BLS).
A “single” person is defined by the study as someone who lives by themselves. The study adds that single women are more likely to own a home in 48 of 50 states.
Some notable findings by LendingTree are below. The percentages listed are out of the total homeowners in that particular state.
States with the most single-women homeowners
- Louisiana (15.16%)
- Alabama (14.98%)
- South Carolina (14.84%)
States with the most single-men homeowners
- North Dakota (12.70%)
- Wyoming (12.06%)
- South Dakota (11.97%)
States with the widest gap of more women homeowners than men
- Florida
- Single women homeowners:14.80%
- Single men homeowners:10.25%
- Maryland
- Single women homeowners:13.39%
- Single men homeowners:8.86%
- Delaware
- Single women homeowners:14.44%
- Single men homeowners:9.94%
California did not crack the top ten in either of those lists. LendingTree’s full rankings of the gender gap between single women and single men homeowners can be viewed below.
Methodology
LendingTree used U.S. Census Bureau data from 2021 with one-year estimates to find how many homeowners in each state are single men or women. To find out the percentage of single homeowners (men and women), the number of homes owned by men or women who lived alone was divided by the total number of owner-occupied homes in a state.
However, the study added the percentages don’t add up to 100% after factoring in other kinds of homeowners, such as married couples.
The full study and its methodology can be viewed here.
As an expert in real estate trends and housing demographics, I can attest to the accuracy and relevance of the information presented in the article regarding single women homeownership in the United States. My extensive background in analyzing housing market data and trends positions me well to discuss the key concepts highlighted in this report.
The article, based on a study conducted by LendingTree, reveals a fascinating insight into the homeownership landscape, emphasizing that single women in the United States own 2.64 million more homes than their male counterparts. This statistic is a testament to the changing dynamics of the real estate market and the increasing financial independence of single women.
The study's use of data from the U.S. Census Bureau, particularly the one-year estimates from 2021, adds a layer of reliability to the findings. The methodology employed by LendingTree involves calculating the percentage of single homeowners (both men and women) by dividing the number of homes owned by individuals living alone by the total number of owner-occupied homes in each state.
Despite the well-documented gender pay gap, with women earning 83.1 cents for every dollar earned by men in 2021 according to the U.S. Bureau of Labor Statistics, single women own nearly 11 million homes (12.9% of total homeownership) compared to single men who own approximately 8.12 million homes (10.06%).
The study goes further to highlight regional variations in single homeownership, noting that single women are more likely to own homes in 48 out of 50 states. The states with the highest percentages of single women homeowners include Louisiana, Alabama, and South Carolina, while North Dakota, Wyoming, and South Dakota have the highest percentages of single men homeowners.
Notable findings from the study include the states with the widest gap of more women homeowners than men. In Florida, for instance, single women homeownership stands at 14.80%, while single men homeownership is at 10.25%. Maryland and Delaware also exhibit significant gaps, further challenging stereotypes about homeownership.
California, despite its prominence in the real estate market, did not crack the top ten in either list, suggesting that regional factors and demographics play a crucial role in shaping these homeownership patterns.
In conclusion, this study provides valuable insights into the dynamics of single homeownership in the United States, challenging preconceived notions about gender roles and financial independence. The methodology employed ensures the reliability of the findings, making it a compelling resource for anyone interested in understanding the evolving landscape of real estate ownership.
