Homeownership Rate Comparison
Housing

Iowa vs Michigan: Homeownership Rate

Michigan has a higher homeownership rate than Iowa.

Iowa flag
Iowa
IA • Midwest
72.7%
Share of occupied housing units that are owner-occupied.
Michigan flag
Michigan
MI • Midwest
Winner
74.2%
Share of occupied housing units that are owner-occupied.

Visual Comparison

Iowa 72.7%
Michigan 74.2%

Difference: 1.50 percentage points — Michigan leads.

Related Context

Homeownership Factors

High or low ownership isn't inherently better — it reflects prices, income, and local preferences.

What This Means

Iowa vs Michigan: Homeownership Rate in context

Michigan has a homeownership rate of 74.2%, compared with 72.7% in Iowa. Share of occupied housing units that are owner-occupied.

Iowa
72.7%
Michigan
74.2%
Difference
1.50 percentage points

People Also Ask

Iowa vs Michigan Homeownership Rate — Common Questions

Q What is Iowa's homeownership rate?

Iowa's homeownership rate is 72.7%.

Q What is Michigan's homeownership rate?

Michigan's homeownership rate is 74.2%.

Q Which state has a higher homeownership rate — Iowa or Michigan?

Michigan has a higher homeownership rate than Iowa.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.