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Hawaii has the Most Long-Tenured Homeowners in the US
By News Release @ 3:46 PM :: 1612 Views :: Development, Hawaii Statistics

Hawaii has the Most Long-Tenured Homeowners in the US

from This Old House March, 2024

Many factors drive the decision to plant roots or seek new horizons, but how does each generation approach homeownership, and which areas have the longest-standing homeowners? To find out, the team at This Old House studied census data to explore the cities and states where homeowners reside the longest. We also surveyed 1,008 homeowners to learn why some are choosing to stay in their current homes while others are ready to leave.

Key Findings:

36% of Hawaii’s homeowner population has lived in its current residence for at least 24 years, the largest percentage among all states.

New York (35%), Pennsylvania (35%), and West Virginia (35%) followed. 

37% of homeowners plan to live in their current residence forever.

Hawaii had the highest percentage of homeowners aged 75 and older (15.1%), followed closely by Florida (14.8%).

read … Which Cities Have the Deepest Roots?

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