Pennsylvania Ranks No. 18 for Homeownership

Out of all the states, Pennsylvania has the 18th highest homeownership rate, at 69.3%, according to Visual Capitalist, which reports on the most recent data from the U.S. Census Bureau (2024).  

This is notably higher than the national homeownership rate, which is estimated at 65.3% of households.  

Pennsylvania’s higher homeownership rate may be attributed to its affordability, as saving for a home in the Keystone State is quicker than in 38 other states. In comparison to other larger metros, Pittsburgh and Philadelphia are often lauded for their affordable housing and high quality of life, and the same holds true for smaller cities like Harrisburg and Lancaster. 

In addition, homeowners in Philly and Pittsburgh are paying less for property insurance than in 19 of the U.S.’s other largest metros.  

Pennsylvania also has a higher homeownership rate than several of its neighboring states, including New York (54.3%), New Jersey (63.9%), Maryland (67.8%) and Ohio (68.0%). 

The states with the highest homeownership rates are: 

1. West Virginia (75.5%) 
2. Delaware (73.8%) 
3. Michigan (73.5%) 
4. Maine (73.3%) 
5. Vermont (73.2%) 

The lowest three were Washington, D.C. (40.9%), New York (54.3%) and California (55.8%).