South metro suburbs rank high in homeownership rate among communities in the Twin Cities area, data from the U.S. Census bureau show.
While three north metro cities topped the list of “major cities” (population over 20,000), south metro suburbs held down the next six spots. Lakeville was the highest-ranked, at No. 4, with an 89 percent homeowership rate from 2011 to 2013, according to the data compiled by the organization Minnesota COMPASS. That means about 89 of every 100 homes were owner-occupied.
Lakeville was just ahead of Farmington, with an 88.9 percent homeownership rate.
Andover in Anoka County topped the state list, at 94.2 percent.