MERIC NEWS LETTER

Home Ownership Rises in Missouri

Missouri home ownership has risen since 2000 with more than seven out of ten homes being owned by their occupants in 2006. Home ownership in Missouri outranks the national average and all but one of the border states.

Among its border states, Missouri tied Kentucky with a 70.7 percent home ownership rate in 2006. Only Iowa (73.3 %) had higher home ownership. Trailing Missouri is Illinois, Kansas, and Tennessee, all at 69.9 percent.  
 
 

Home Ownership by Border State

 
 

 

2006

2005

2000

Arkansas

68.3%

67.8%

67.7%

Illinois

69.9%

69.9%

66.7%

Iowa

73.3%

73.1%

70.8%

Kansas

69.9%

69.5%

69.1%

Kentucky

70.7%

70.6%

69.8%

Missouri

70.7%

70.6%

69.6%

Nebraska

67.9%

68.2%

66.3%

Oklahoma

68.6%

67.9%

69.6%

Tennessee

69.9%

69.3%

68.6%

U.S. Average

67.3%

66.9%

65.3%


 

The percent of Missouri home ownership equaled or outpaced national averages every year from 2000 to 2006. After a downturn in home ownership in 2003 and 2004, Missouri rebounded to 70.7 percent homeownership by 2006, its highest percentage during the period and higher than the national average by 3.4 percent.
 


 

Missouri counties surveyed in 2005 and 2006 include some of the larger counties in the state. Jefferson County had the highest percentage of home ownership with 84.9 percent, followed by St. Charles County (81.1%). Others which ranked high included Cass (79.6), Franklin (76.5), and Clay (75.3). Among the lowest home ownership counties include Boone (59%) and St. Louis City (50.4).
 

Home Ownership by Counties

 
 

County

2006

2005

 

Jefferson

84.9%

85.0%

St. Charles

81.1%

83.1%

Cass

79.6%

77.7%

Franklin

76.5%

74.3%

Clay

75.3%

74.0%

St. Louis County

75.1%

75.3%

Christian

73.8%

76.5%

Buchanan

69.4%

68.4%

Cape Girardeau

69.4%

70.4%

Platte

69.2%

68.0%

Cole

69.0%

66.6%

Jasper

67.9%

65.8%

Jackson

64.4%

65.7%

Greene

64.0%

62.7%

Boone

59.0%

58.7%

St. Louis City

50.4%

49.3%

Source: Census Bureau, American Community Survey

                               

 LINE


Contact Us                                                       MERIC Home