Homeownership More Profitable for Single Men Than Single Women According to New RealtyTrac Analysis - Seite 2

Average values of homes owned by single men were the highest above average values of homes owned by single women in the District of Columbia (14 percent higher), followed by Florida (12 percent higher), West Virginia (12 percent higher), Wisconsin (12 percent higher), Texas (10 percent higher), and Alabama (10 percent higher).

There were three states where the average values of homes owned by single women were higher than the average values of homes owned by single men: Massachusetts (11 percent higher), Kentucky (2 percent higher), and Kansas (1 percent higher).

Average home value gains for homes owned by single men were highest above average home value gains for homes owned by single women in West Virginia (72 percent higher), Wisconsin (41 percent higher), Alabama (40 percent higher), Maine (35 percent higher), and Minnesota (34 percent higher).

There were eight states where single women homeowners have realized bigger home value gains since purchase than single men homeowners, led by New York (30 percent more), New Jersey (29 percent more), North Dakota (22 percent more), Massachusetts (11 percent more) and Virginia (8 percent more).

Single women tend to own homes in areas with a higher density of criminal offenders

The analysis also looked at neighborhood characteristics in zip codes with a higher share of single men homeownership compared to neighborhood characteristics in zip codes with a higher share of single women homeownership.

In zip codes with a higher share of single women homeownership, the average RealtyTrac Registered Criminal Offender Index was 19.19 -- 7 percent higher than the average index of 17.87 in zip codes with a higher share of single man homeownership. The RealtyTrac Registered Criminal Offender Index is based on the number of registered criminal offenders (including sex offenders, child predators, kidnappers and violent offenders) as a percentage of total population.

Single women tend to own homes in areas with lower environmental hazard risk

In zip codes with a higher share of single woman homeownership, the average RealtyTrac Environmental Hazards Housing Risk Index was 45.69 -- 23 percent lower than the average index of 59.40 in zip codes with a higher share of single man homeownership. The RealtyTrac Environmental Hazards Housing Risk Index is based on the prevalence of five manmade environmental hazards: air quality, superfund sites, polluters, brownfields and former drug labs.