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The 25 US cities where single people are most likely to own their homes
The 25 US cities where single people are most likely to own their homes
Mark AbadiApr 27, 2018, 01:09 IST
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In US cities like Philadelphia and San Jose, it's common for single people to own their own houses.
SmartAsset looked at the 100 biggest cities and ranked them by their rate of single homeownership.
Most of the cities were in the West, but the top two cities were both in Virginia.
When you think of single life in the city, it may conjure up memories of crowded four-person apartments or, if you're lucky, a shoebox-sized studio.
But in some American cities, single people can dream bigger. In fact, there are a decent amount of US cities where it's actually the norm for single people to own a house, according to personal finance company SmartAsset.
In a recent report, SmartAsset ranked the 100 biggest US cities by their single homeownership rate - or in other words, the percentage of single-occupant houses that the occupant owns themselves.
The West dominated the list, with the region providing seven of the top 10 cities. Virginia, however claimed the top two cities on the list. Among all the top 25 cities, SmartAsset identified two key trends: cities with large senior and retiree populations tended to place well, as did cities with low median home values.
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Read on to see the 25 cities in America where singles have the highest homeownership rate: