Single Female Head of Households Archives

Single women are beating their male counterparts in homeownership rates. A report from Maxwell found that single women account for 22% of the homebuying market. Overall, they own 2.71 million more homes than single men. Millennials and Gen Z buyers are spearheading this trend, representing the biggest age demographic of these solo buyers, with over half of female applicants under the age of 34 compared to 40% of men. Part of the shift comes from the changing financial status of the youngest generations. While the gender pay gap remains a problem, women younger than 30 earn at least as much as men younger than 30 in 22 U.S. metros, especially large economic centers like New York, D.C., and Los Angeles.…

Homeownership remains the most significant way single women can build wealth, and more women than ever are taking advantage. First American Financial reports that the number of single, female-headed households (including windowed, separated, or divorced) has risen by 1.4 million since 2019. Of that group, one million are homeowners. Female homeownership has helped the overall homeownership rate rebound since the Great Recession, with women-headed households surpassing 52% in 2022. That’s up from a post-Great Recession low point in 2016 of 50%. Single women’s homeownership rate has outstripped men’s by about two percentage points, FirstAm says, putting them in a better long-term financial position. Homeowners have 40 times as much household wealth compared to renters, most of which is held in…

Single Female Head of Households

Single Women Now Dominate Homebuying Landscape

Single Women Are Building Wealth Through Homeownership