About one in three U.S. households rents, a ratio that has stayed surprisingly steady over the past six decades.

But with mortgage rates soaring from 2.7% in 2020 to almost 7% today—and home prices continuing to climb—the share of renters has edged up. Today, it takes $121,400 to afford a typical home, or 43% higher than the average salary.

This graphic shows the share of Americans renting versus owning by state, based on data from the U.S. Census Bureau.

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