Single-parent homeownership rates vary widely across U.S. metros, influenced heavily by local housing affordability. Nationally, 39.2% of single parents own homes, spending 25.7% of income on housing, while renters spend 40.9%. Salt Lake City leads with a 52.2% homeownership rate and more affordable housing costs, while Los Angeles and New York rank lowest. Affordable markets offer better opportunities for single-income households to own homes.
Continue to full article
