Single women are outpacing single men when it comes homeownership, a new study by LendingTree shows. In some metros, single women are achieving double-digit percentages in ownership.
For example, in the New York metro area, single women own 13.3% of owner-occupied homes, whereas single men own 7.9%. In San Francisco, single women comprise 12.1% of the market share compared to single men’s 7.6%.
Single women own about 1.5 million more homes than single men do in the nation’s 50 largest metros (5.1 million versus men’s 3.5 million), according to LendingTree’s analysis.
The following metro areas have the largest share of single-women homeowners:
Tampa, Fla.
- Households owned and occupied by single women: 16.4%
- Households owned and occupied by single men: 11.5%
New Orleans
- Households owned and occupied by single women: 16.1%
- Households owned and occupied by single men: 10.9%
Buffalo, N.Y.
- Households owned and occupied by single women: 16.1%
- Households owned and occupied by single men: 10.2%
The metros with the widest gender gap between single homeowners are Richmond, Va. (where the gender gap between single women and men households is 7.1 percentage points); Buffalo, N.Y. (5.8 percentage points); and Sacramento, Calif. (5.8 percentage points).
Source: LendingTree
