In order to analyze the market value of owned homes by education nationally we have broken the national population into the following categories:

1. The average market value of owned home by folks who are classified as having a less than high school education.
2. The average market value of owned home by folks who are classified as being high school graduates.
3. The average market value of owned home by folks who are classified as having an associate's degree.
4. The average market value of owned home by folks who are classified as having an bachelor's degree.
5. The average market value of owned home by folks who are classified as having a masters or doctorate.

When comparing prices of homes nationally we find that on balance, the level of education has positive and direct relationship with the amount of education achieved by the homeowner. Over the decade from 2003 to 2012, the average value of homes of folks with less than a High School degree appreciated by 10.5% compared to a 25.8% appreciation in the home values for folks with a Masters/Doctorate degree. This is almost 15% discrepancy between the two end points of this analysis and is a very significant number.

What is interesting to note is that the average market value of homes owned by folks who are high school graduates has actually seen the least appreciation - only 9.8% over the same time period - this number is even lower than the appreciation in home values by folks who have not completed high school. Also we think that the difference in average home values for those with a Bachelors degree at 14.7% is only modestly higher than folks with lower educational achievements. It is only when you get to advanced degrees that one is able to find higher levels of home value appreciaton.

Now in terms of absolute terms, the numbers tend to tell a very direct and logical story. In 2012 the average value of a homes for folks who had graduated high school was $71,608 as compared with $105,721 for folks with a high school education. If one went on to earn a Bachelors degree, the average value of their home was $210,099 and if a Master degree were obtained this number was $285,752 almost 4 times the average value of a home owned someone with less than a high school education.

For Andy and Jose what this means is that homes belonging to folks with more education will usually be higher valued, possibly have more equity and will give the homeowner the ability to be able to take out a home equity loan if needed to provide the electrical upkeep and maintenance required as homes age.

Quick Links:

1. Go to the Corresponding Template section for this industry.
2. Go to the Corresponding Questionnaire section for this industry.