Denver Ranks High Among Single CareerMinded Women

Dated: 11/19/2018

Views: 213

Image title

According to a new report from owners.com, a tech-driven online real estate brokerage, Denver is a highly-sought after city for working single women.

If you’re looking for the number 1 spot, that goes to Buffalo, New York, followed by Baltimore, Maryland and Hartford, Connecticut.

The report shows that female unemployment is declining and home ownership among single women continues to grow. In 2017, single women made up 18 percent of the national market and single men just 7 percent. According to the data, single women purchased slightly more expensive homes than single men.

Owners.com analyzed potential places to live for career-focused single women based on three metrics: the percentage of single women homeowners, median earnings and unemployment rate. Highlights from the report include:

  • The average home price in the top 10 markets is $295,636, which is 17 percent less than the next 10 markets ($355,415 on average).

  • Females in the top 10 markets spend, on average, 10 percent less of their monthly salary on housing compared to the next 10 markets (32.9 percent on average versus 36.9 percent on average).

  • The average female unemployment rate in the top 20 markets (4.5 percent) is less than the national average, suggesting these markets offer more employment opportunities.

  • Compared to the national average, single women in the top 20 markets earned nearly 10 percent more ($46,524 on average versus $42,352 nationally), suggesting these markets offer higher-paying jobs.

Are you ready to take the plunge and become a homeowner in the Mile High City? The first thing you’ll want to do is get an experienced pro on your side. Contact Metrowest today – we’d love to show you around!

Latest Blog Posts

Denver Reclaims 2 Spot On Best Place To Live List

For a variety of reasons, anyone who lives in Denver knows it’s a great place to call home. And we’re not the only ones who think so.  A new ranking by U.S. News & World Report re-confirms

Read More

Despite Minor Cooling Denver Still Considered A Hot Market

If you’ve been keeping your finger on the pulse of the real estate market in the Mile High City, you’re probably aware that Denver’s been experiencing a bit of a cool down in recent months. It

Read More

Profiling Elizabeth Colorado Next Hot Spot For Millennials

“Quaint” and “rural” are two great descriptors for the small community of Elizabeth. But this small town of about 1,500 is starting to gain some attention from a seemingly unlikely audience.

Read More

Exploring Denvers Wellshire Neighborhood

Boasting a strong sense of community and quiet lifestyle, people are beginning to take notice of Denver’s Wellshire neighborhood.  Featuring a mix of city and suburban living, Wellshire is

Read More