![Single Women Own 2.72 Million More Homes Than Single Men [New LendingTree Report]](https://realtytimes.com/images/k2/b954483793dc7da3343b1e40b78dbf27.jpg)
Women typically lag behind men in pay. According to the U.S. Bureau of Labor Statistics, women’s median weekly earnings are 83.6% of men’s.
While research indicates women are generally less well-off financially than men, one key area in which women are likely to fare better than men is homeownership. A LendingTree analysis of the latest housing data shows that single women are more likely than single men to own a home in 47 of 50 states. Here's what else we found.
- Across the nation’s 50 states, single women own 2,719,923 more homes than single men. Single women own 11.14 million homes, while single men own 8.42 million.
- The homeownership gender gap has increased slightly since 2022. The current homeownership gender gap is 14,780 housing units larger than 2022’s.
- The homeownership gender gap is largest in Delaware and Connecticut. Homeownership gender gaps of 5.23 and 5.06 percentage points, respectively, make Delaware and Connecticut the only states where the homeownership gender gap tops five percentage points.
- Single women own the largest share of homes in New Mexico, Mississippi and West Virginia. In New Mexico, 15.26% of owner-occupied housing units are owned by women who live by themselves. In Mississippi and West Virginia, that figure is 15.07% and 14.73%, respectively.
You can check out the full report here: https://www.lendingtree.com/home/mortgage/single-women-own-more-homes-than-single-men-do/
LendingTree's Chief Credit Analyst, Matt Schulz, had this to say:
"It's pretty eye-opening that 3 million more single women than single men own a home. Given the unique economic headwinds that women in this country face, including earning less than men on average, that is no small feat. I believe it speaks to the sacrifices that many women are willing to make in order to make a better financial life."
