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January 9, 2019

BECAUSE THEY CAN: Why Single Women Are (Way) More Likely to Own a Home Than Single Men. “In the nation’s 50 largest metropolitan areas, single women are almost twice as likely to be homeowners as single men.”

A new report by the online loan marketplace LendingTree has found that single women own far more homes than their male counterparts. The study revealed that in the nation’s 50 largest metropolitan areas, single women are almost twice as likely to be homeowners as single men. Single women in New Orleans, for example, own 27 percent of all homes compared to only 15 percent for single men. Multiple cities boasted disparities of over 10 percent. Interestingly, there were no cities in which single men outpaced single women. This is a surprising trend, the author noted, “given the average woman in the U.S. only makes 80% of what the average man does.” For those familiar with the economics of gender, however, the results of LendingTree’s report are not surprising in the least.

The decision to marry and have children has a profound impact on earnings. Though the average man makes more than the average woman, the disparity is reversed when looking at unmarried women versus unmarried men. Based on data compiled from 2,000 urban communities, one study found that the median salary for young, unmarried, childless women is about 8 percent higher than men with the same characteristics. Other cities experienced pay gaps in the double digits, sometimes reaching as high as 20 percent. Further research has shown that unmarried college-educated women between the ages of 40 and 64 earn an average of 17.5 percent more than their male peers.

Because the patriarchy.