In One Chart: The higher your degree, the more likely you are to buy a house

Homebuyers need good credit, a down payment and, these days, maybe even a graduate degree.

The more advanced the education, the more likely a person is to own a home, according to a new study by real-estate site Trulia.com, which looked at home ownership, home size and data from the U.S. Census Bureau’s American Community Survey. Professional degree holders, including medical and law school graduates, have about a 76% ownership rate, followed by graduate school around 73.6%. Ownership rates were about the same for doctorate levels (73.7%) but people with less than a high-school degree had the lowest rate of ownership at 40.5%, followed by high school diploma holders, who had 56.4%.

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