Single ladies are looking for mortgages across the U.S. One in every 10 homebuyers is a single female, and a majority of women prioritize homeownership over marriage (41%) and children (31%). Single women also outpace single men in homeownership in every single major U.S. city.
This shift comes as women’s financial independence is on the rise, with more women earning master’s degrees than men and more women working now than ever before. While women still make 81 cents to every dollar earned by a man, the gender pay ratio is rising in many metropolitans across the U.S., giving single women more cash and buying power.
We conducted a study to see where single female homeownership is most common, and which cities offer incentives for these buyers. Here’s what we found:
- In every major U.S. metropolitan area, single women outpace single men in homeownership
- Detroit is the best city for single female homeowners and also has the highest rate of singles in the country.
- Single female households own the largest percentage of property compared to single male households in Columbus, Ohio.
- San Jose, California is the worst city for single female homeowners due to high housing costs and a large gender pay gap.