Most Californians turn from renters to homeowners by age 47. In other states, it’s 36

In California, the age at which most people become homeowners is notably higher than in other states. According to a new analysis, Californians typically make this transition at 47 years old. This is significantly later than the rest of the country, where most people become homeowners by 36.

High home prices and other factors are contributing to this trend in California. S. Census Bureau data, are available from the Public Policy Institute of California.