In 2023, 55.8% of California households owned homes, up from 55.3% in 2022 and the second-highest in 13 years, but still lower than the national average of 65.9%.
California's homeownership rate in 2020 was better at 55.9%, yet the following year was the second-best in 13 years, although still lagging behind other states like West Virginia and Delaware.
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