Homeownership rate

Homeownership is a significant asset-building strategy for individuals. Owning a home is an important source of stability for children and their families. Communities also benefit from high rates of homeownership. Residents who own their homes, in general, feel more rooted, take greater pride in the appearance of their homes, and have greater positive involvement with the community. Access to homeownership is a factor of the availability of affordable housing stock as well as income levels.

North Dakota Compass

Center for Social Research
North Dakota State University

Compass created by:
Wilder Research

© 2024. All rights reserved.