Summary
New York, the District of Columbia, and Hawaii have the highest homeowner association (HOA) fees in the United States, based on new data from the U.S. Census Bureau for 2024. About 21.6 million households paid these fees, which have been rising over the years, with figures showing most new single-family homes are built within HOA communities.
Key Facts
- New York residents paid the highest median monthly HOA fees at $739 in 2024.
- The District of Columbia followed with average monthly fees of $505, and Hawaii residents paid an average of $470.
- The next states with high HOA fees include Massachusetts ($376), Connecticut ($351), and New Hampshire ($316).
- Nationwide, the median monthly cost for HOA fees was $135.
- In states like Florida, Delaware, and Vermont, over 40% of the population lives in HOA communities.
- The percentage of single-family homes built within HOAs in the U.S. rose from 49% in 2009 to 65% in 2023.
- High HOA fees can increase the cost of owning a home, making it more difficult for low- and middle-income buyers to afford homes in high-cost states.
- Discussions are ongoing about the future of HOAs, with some politicians questioning their necessity.