New Jersey vs New York: Homeownership Rate
New Jersey has a higher homeownership rate than New York.
National Rankings
Where They Rank Nationally
See where both states fall among all 50 states for homeownership rate.
Top 10 States — Homeownership Rate
West Virginia
Minnesota
Mississippi
Michigan
Delaware
Iowa
South Carolina
Maine
Indiana
Vermont
New Jersey
New York
New Jersey ranks 40th and New York ranks 50th nationally for homeownership rate.
Related Context
Homeownership Factors
High or low ownership isn't inherently better — it reflects prices, income, and local preferences.
What This Means
New Jersey vs New York: Homeownership Rate in context
New Jersey has a homeownership rate of 64.0%, compared with 53.6% in New York, a gap of 19.4%. Share of occupied housing units that are owner-occupied.
People Also Ask
New Jersey vs New York Homeownership Rate — Common Questions
Q What is New Jersey's homeownership rate?
New Jersey's homeownership rate is 64.0%.
Q What is New York's homeownership rate?
New York's homeownership rate is 53.6%.
Q Which state has a higher homeownership rate — New Jersey or New York?
New Jersey has a higher homeownership rate than New York.
Q How much more homeownership rate does New Jersey have compared to New York?
10.40 percentage points.
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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; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes 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.