Estimated proceeds by state median home value.
Reverse mortgage proceeds track your home value, which varies a lot by state. Pick yours for an estimate (age ~72, no existing mortgage).
| State | Median home value | Est. proceeds |
|---|---|---|
| Alabama | $230,000 | ~$98,700 |
| Alaska | $360,000 | ~$162,400 |
| Arizona | $430,000 | ~$196,700 |
| Arkansas | $205,000 | ~$86,450 |
| California | $765,000 | ~$360,850 |
| Colorado | $545,000 | ~$253,050 |
| Connecticut | $400,000 | ~$182,000 |
| Delaware | $390,000 | ~$177,100 |
| District of Columbia | $650,000 | ~$304,500 |
| Florida | $400,000 | ~$182,000 |
| Georgia | $330,000 | ~$147,700 |
| Hawaii | $840,000 | ~$397,600 |
| Idaho | $450,000 | ~$206,500 |
| Illinois | $270,000 | ~$118,300 |
| Indiana | $240,000 | ~$103,600 |
| Iowa | $215,000 | ~$91,350 |
| Kansas | $230,000 | ~$98,700 |
| Kentucky | $215,000 | ~$91,350 |
| Louisiana | $215,000 | ~$91,350 |
| Maine | $390,000 | ~$177,100 |
| Maryland | $420,000 | ~$191,800 |
| Massachusetts | $600,000 | ~$280,000 |
| Michigan | $250,000 | ~$108,500 |
| Minnesota | $340,000 | ~$152,600 |
| Mississippi | $180,000 | ~$74,200 |
| Missouri | $250,000 | ~$108,500 |
| Montana | $460,000 | ~$211,400 |
| Nebraska | $270,000 | ~$118,300 |
| Nevada | $440,000 | ~$201,600 |
| New Hampshire | $460,000 | ~$211,400 |
| New Jersey | $520,000 | ~$240,800 |
| New Mexico | $300,000 | ~$133,000 |
| New York | $470,000 | ~$216,300 |
| North Carolina | $330,000 | ~$147,700 |
| North Dakota | $270,000 | ~$118,300 |
| Ohio | $230,000 | ~$98,700 |
| Oklahoma | $205,000 | ~$86,450 |
| Oregon | $500,000 | ~$231,000 |
| Pennsylvania | $270,000 | ~$118,300 |
| Rhode Island | $460,000 | ~$211,400 |
| South Carolina | $300,000 | ~$133,000 |
| South Dakota | $300,000 | ~$133,000 |
| Tennessee | $320,000 | ~$142,800 |
| Texas | $310,000 | ~$137,900 |
| Utah | $520,000 | ~$240,800 |
| Vermont | $390,000 | ~$177,100 |
| Virginia | $390,000 | ~$177,100 |
| Washington | $600,000 | ~$280,000 |
| West Virginia | $165,000 | ~$66,850 |
| Wisconsin | $290,000 | ~$128,100 |
| Wyoming | $350,000 | ~$157,500 |