Top U.S. Metros Leveraging the Mortgage Interest Deduction

LendingTree utilized data from the IRS SOI (Statements of Income) files for returns filed January 1 – December 31, 2016. The data contain the total number of filings and total dollar amount for a wide range of tax items by geographic area.

For the mortgage interest deduction, we calculated the average deduction amount for returns claiming a deduction for each MSA. This was our ranking criteria. We also show the returns from that MSA claiming the deduction as a % of total returns.

Top 100 Metro Areas
Rank MSA State % Claiming Mortgage Deduction Average Deduction
1 San Francisco CA 24%  $16,167
2 Stamford-Norwalk CT 32%  $15,237
3 San Jose CA 28%  $14,815
4 Orange County CA 27%  $13,938
5 Santa Cruz CA 27%  $13,496
6 Oakland CA 3%  $13,406
7 Ventura CA 29%  $13,257
8 Honolulu HI 22%  $13,092
9 Santa Barbara CA 22%  $13,053
10 Los Angeles CA 21%  $12,904
11 San Diego CA 26%  $12,727
12 Salinas CA 2%  $12,279
13 Santa Rosa CA 28%  $12,067
14 San Luis Obispo CA 28%  $11,825
15 Washington, D.C. DC 34%  $11,669
16 Seattle WA 29%  $11,540
17 Napa CA 29%  $11,459
18 Naples FL 2%  $11,182
19 New York NY 16%  $10,582
20 Yolo CA 27%  $10,374
21 Boulder CO 32%  $10,322
22 Reno NV 2%  $10,320
23 Danbury CT 35%  $10,306
24 Nassau / Suffolk NY 33%  $10,288
25 Sacramento CA 29%  $10,255
26 Bremerton WA 28%  $10,216
27 Anchorage AK 23%  $10,156
28 Riverside CA 26%  $10,155
29 Boston MA 29%  $10,120
30 Bergen / Passaic NJ 28%  $10,059
31 Stockton CA 24%  $9,894
32 Santa Fe NM 25%  $9,856
33 West Palm Beach FL 19%  $9,818
34 Newark NJ 29%  $9,809
35 Tacoma WA 26%  $9,740
36 Miami FL 14%  $9,724
37 Denver CO 29%  $9,642
38 Bellingham WA 22%  $9,594
39 Fort Walton Beach FL 15%  $9,478
40 Charlottesville VA 28%  $9,474
41 Flagstaff AZ 22%  $9,450
42 Baltimore MD 33%  $9,449
43 Monmouth NJ 34%  $9,437
44 Fort Lauderdale FL 19%  $9,422
45 Jersey City NJ 14%  $9,376
46 Olympia WA 25%  $9,344
47 Middlesex NJ 33%  $9,234
48 Phoenix AZ 24%  $9,222
49 Sarasota FL 18%  $9,215
50 Las Vegas NV 18%  $9,212
51 Lawrence KS 3%  $9,098
52 Orlando FL 16%  $9,082
53 Colorado Springs CO 25%  $9,076
54 Norfolk VA 28%  $9,070
55 Portland OR 31%  $9,030
56 Bridgeport CT 32%  $9,025
57 Fresno CA 19%  $8,974
58 Greeley CO 28%  $8,973
59 Modesto CA 22%  $8,967
60 Grand Junction CO 23%  $8,941
61 Chico-Paradise CA 22%  $8,936
62 Fort Collins-Loveland CO 27%  $8,935
63 Nashville TN 2%  $8,899
64 Barnstable MA 29%  $8,863
65 Tampa FL 16%  $8,863
66 Redding CA 23%  $8,833
67 Jacksonville FL 18%  $8,830
68 Fort Myers FL 17%  $8,826
69 Panama City FL 12%  $8,812
70 Charleston SC 25%  $8,766
71 Dover DE 23%  $8,738
72 Wilmington DE 3%  $8,705
73 Trenton NJ 31%  $8,676
74 Cheyenne WY 18%  $8,666
75 Portsmough NH 28%  $8,657
76 Casper WY 18%  $8,614
77 Austin TX 23%  $8,562
78 Richmond VA 3%  $8,545
79 Tallahassee FL 17%  $8,540
80 Lowell MA 32%  $8,531
81 Dutchess County NY 31%  $8,515
82 Melbourne FL 16%  $8,484
83 Brockton MA 31%  $8,469
84 Wilmington DE 26%  $8,456
85 Yuba City CA 22%  $8,428
86 Bakersfield CA 22%  $8,421
87 Manchester NH 26%  $8,400
88 Visalia CA 18%  $8,362
89 Salt Lake City UT 29%  $8,355
90 Chicago IL 28%  $8,348
91 Merced CA 16%  $8,347
92 Fort Pierce FL 17%  $8,344
93 Provo-Orem UT 3%  $8,336
94 Medford OR 24%  $8,313
95 Minneapolis / St. Paul MI 33%  $8,291
96 Pensacola FL 14%  $8,285
97 Nashua NH 3%  $8,265
98 Dallas TX 2%  $8,264
99 Raleigh / Durham NC 31%  $8,256
100 Newburgh NY 31%  $8,230