[gallery size="full" ids="190123,190125,190127,190126,190128,190129,190134,190131,190130,190124,190132"]
A recent report from SmartAsset ranked all 50 states on how well-suited they are for homeowners.
SmartAsset analysts compared data from each state and based its ranking on 10 measurements:
- The median price per square foot,
- Home value appreciation,
- The ratio of home value to income,
- Foreclosures per 10,000 homes,
- Average annual homeowners insurance,
- Burglary rate,
- Median annual property taxes,
- Effective property tax rate,
- Average closing costs, and
- Average closing costs as a percentage of median home value.
Based on its analysis of these measurements, SmartAsset's ranking reflects half of the states in the top 10 are located in the West, two in the Midwest, and three in the Northeast. The worst states for homeowners, however, were more spread out. Only one Northeast state ranked among the worst states.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
