Massachusetts has a homeownership rate of 62.8%, compared with 53.6% in New York, a gap of 17.2%. Share of occupied housing units that are owner-occupied.

Massachusetts

62.8%

New York

53.6%

Difference

9.20 percentage points

Massachusetts vs New York Homeownership Rate — Common Questions

Q What is Massachusetts's homeownership rate?

Massachusetts's homeownership rate is 62.8%.

Q What is New York's homeownership rate?

New York's homeownership rate is 53.6%.

Q Which state has a higher homeownership rate — Massachusetts or New York?

Massachusetts has a higher homeownership rate than New York.

Q How much more homeownership rate does Massachusetts have compared to New York?

9.20 percentage points.

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Median Housing Value Median Gross Rent Median Monthly Owner Costs With Mortgage Owner Costs Without Mortgage Home Value to Income Ratio Rent to Income Ratio Owner Costs to Income

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Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset, with minimum wage data from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.