12 May Chandler, Scottsdale and Mesa are hotspots for single homeowners
More than half of Arizona residents live in an HOA community. Here is why that matters. Wochit
Some people prefer to live alone, particularly in metro Phoenix.
The Valley is a hub for solo homeowners, with three cities – Chandler, Scottsdale and Mesa — ranking in a top 10 U.S. list for the highest homeownership rates among single buyers.
More than half the single people in those metro Phoenix suburbs own homes, according to the financial research site SmartAsset.
While these buyers likely have mixed feelings about the single (or divorced or widowed) life, it’s great that so many people can afford to buy solo in metro Phoenix.
Why so many singles?
Metro Phoenix home prices are relatively affordable for a big city, making it easier for people to buy homes on their own with one income.
Also, the area is a mecca for retirees, who might be single after losing a spouse. Then there are people single after a divorce.
The survey analyzed 2016 Census data on the number of one-person households who own their home in an area and compared to the overall number of one-person households.
Top Valley cities for singles
Chandler ranks No. 4 on the list, with about 54 percent of its single population owning homes. The city draws retirees, but census data shows many Generation X and Millennials single homeowners also live in Chandler.
Scottsdale is sixth nationally, with 52 percent of its singles buying homes. The survey called the city “a bit of an outlier” because it’s home prices are higher. Also, single homeowners in Scottsdale span all ages.
At No. 8 is Mesa, which topped the group’s list for most most popular spot for retirees last year.
“Seniors own 52 percent of all the owner-occupied one-person households. That’s by far the highest rate in our top 10,” according to SmartAsset.
Nationally, Chesapeake, Virginia, had the highest rate of singles who own homes.
Not so great for dating?
Hopefully, the Valley’s single homeowners are happier with the dating scene than the area’s renters.
A different survey from rental firm Zumper recently gave metro Phoenix a “D” for its ranking of places to rent and be single. It tracked the number of restaurants, bars, access to dating apps, education of renters and rent prices for it’s ranking.
Maybe the Valley’s rising rents are a turnoff for single renters, while single homeowners are loving life because of rising house values.