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20.9% Ocean City, N.J.
SENIORS HAVE MORE EQUITY
Seniors tend to have more equity in their homes than younger homeowners, according to the U.S. Census Bureau. Homeowners over 65 have an average of between $130,000 and $140,000 in home equity. Average equity across all age groups, meanwhile, is $66,740. Homeowners under 35 years old had the least equity in their homes, with an average of just $20,000. Those between the ages of 55 and 64, meanwhile, had an average of $100,000 in home equity. Those between 70 and 74 years old had the most home equity, an average of $140,000.
20.8% Hot Springs, Ark.
25.5% Naples, Fla.
90k
60k
30k
0
75 and over
22.5% Cape Coral, Fla.
70 to 74
25.5% Vero Beach, Fla.
120k
65 to 69
30.5% Punta Gorda, Fla.
Average home equity
55 to 64
22.1% Port St. Lucy, Fla.
150k
45 to 54
26.5% Bradenton, Fla.
35 to 44
24.2% Palm Coast, Fla.
Under 35
24.2% Ocala, Fla.
Source: U.S. Census Bureau
DECEMBER 2014 | 7