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Mapped: Years to Save for a Home by U.S. State

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Mapped: Years to Save for a Home by U.S. State

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Key Takeaways

  • Saving for a 10% down payment for a home takes 8.7 years in Iowa, but climbs to 25.1 years in California.
  • In Texas and Ohio, the timeline is about 10 years, well below the U.S. average.
  • In California, New York, and Hawaii, saving for a home takes 20+ years.

Saving for a home down payment can take anywhere from under a decade to more than 25 years in the U.S., depending on where you live.

Based on Consumer Affairs data, this map shows how many years it takes the average household to save for a home in each state. Nationwide, the average is 14.4 years, but timelines vary dramatically by state.

In states like Iowa and Ohio, buyers can save in under a decade. In coastal markets like California and New York, timelines stretch past 20 years.

The Timeline to Homeownership Across America

Iowa ranks as the fastest state, where it takes just 8.7 years on average to save for a home. With median home prices around $247,000 in 2025—the second-lowest nationwide—the state combines relatively affordable housing with moderate incomes and taxes.

In Ohio (9.9 years) and Texas (10.3 years), meanwhile, lower home prices and more manageable tax burdens help shorten the path to ownership.

The table below shows the estimated number of years needed to save for a 10% down payment in each state, ranked from shortest to longest. Estimates are based on median incomes, taxes, living costs, and median home prices.

Rank State Number of Years to Save for a Home
1 Iowa 8.7
2 Ohio 9.9
3 Texas 10.3
4 Maryland 10.3
5 North Dakota 10.6
6 Kansas 10.6
7 Oklahoma 10.7
8 Illinois 10.7
9 Alaska 10.9
10 Indiana 11.0
11 South Dakota 11.1
12 Pennsylvania 11.5
13 Alabama 11.9
14 Minnesota 11.9
15 Missouri 12.0
16 Michigan 12.0
17 Nebraska 12.0
18 Delaware 12.3
19 Wisconsin 12.7
20 Arkansas 12.8
21 Mississippi 12.8
22 Georgia 12.9
23 Kentucky 12.9
24 Virginia 13.1
25 New Hampshire 13.5
26 Louisiana 13.7
27 Tennessee 13.9
28 West Virginia 14.1
29 New Jersey 14.1
30 Nevada 14.2
31 Utah 14.2
32 Connecticut 14.5
33 Arizona 14.8
34 North Carolina 14.8
35 Washington 15.3
36 South Carolina 15.4
37 Idaho 16.0
38 Vermont 16.3
39 Florida 16.5
40 New Mexico 17.1
41 Colorado 17.8
42 Maine 18.3
43 Oregon 18.6
44 Massachusetts 18.7
45 Rhode Island 18.7
46 Wyoming 20.3
47 Hawaii 21.0
48 New York 23.1
49 Montana 24.4
50 California 25.1

In the most affordable parts of the country—especially across the Midwest—buyers can still save for a home in under a decade.

But in high-cost housing markets, the timeline stretches dramatically. In California, for instance, it takes over 25 years on average to save, nearly three times longer than in Iowa.

Even relatively high incomes don’t offset the gap. Despite median household earnings around $100,000, steep home prices and high taxes continue to weigh on buyers. Other expensive states—including New York, Hawaii, and Montana—also see timelines exceed 20 years.

For most Americans, the reality falls somewhere in between. Nationwide, saving for a home takes 10 to 15 years, with an average of 14.4 years.

As a result, homeownership is increasingly delayed. The median age of first-time buyers has climbed to a record 38 years old, highlighting how buying a home is becoming a longer-term financial goal.

Methodology

To estimate how long it takes to save for a home in each state, Consumer Affairs analyzed median household income alongside federal, state, and payroll taxes, as well as average annual living expenses, including housing, food, transportation, healthcare, and insurance.

From this, the remaining discretionary income available after essential costs was calculated.

Each state’s median home price was then used to estimate how many years it would take to save for a 10% down payment, assuming households save 10% of their remaining income annually. Data sources include the U.S. Census Bureau, Tax Foundation, Redfin, and the BEA.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on the states attracting the most new residents.