Who owns more homes in the United States? A survey from PEW Research Centre said that single women in the US own ore homes than men.
The PEW Research Centre said that single women owned 58% of the nearly 35.2 million homes owned by unmarried Americans, while single men owned 42% in 2022. However, single women owned 64% of the almost 25 million homes owned by unmarried Americans and single men owned 36% in 2000.
THE EXPLANATION
One of the main reasons that PEWCentre is that of numbers. This comes more than the economic power. This is especially true among older Americans, who are more likely than younger people to own a home. About 70% of single household heads aged 65 and older own their home, compared with 44% of single household heads aged 35 to 44.
Among households headed by an unmarried person aged 65 or older, about six million more are headed by women than men. This shows that a third of all single women household heads were at least 65 years old in 2022, while only 22% of single men household heads were in that age group.
HOME OWNERSHIP RATES
The PEW Research Centre said that households headed by single women have lower homeownership rates than those headed by single men. Among all employed single household heads, women earned about 88% of what men earned in 2019. The median income of households headed by single women ($49,400) was considerably lower than that of households headed by single men ($61,700). Households headed by single women also have slightly less wealth, or net worth, than those headed by single men.
A basic reason the gender gap in homeownership among single Americans has narrowed in recent years is that single women no longer so heavily outnumber single men among older household heads. Today, women only account for about two-thirds of single household heads ages 65 and older, down from three-quarters in 2000. Again, this may reflect changes in life expectancy; women tend to live longer than men, but the gap has narrowed over time.
