White households disproportionately benefit from housing wealth: Share of total primary and nonprimary household housing wealth held, by race and ethnicity
| Primary | Nonprimary | |
|---|---|---|
| White | 80.6% | 86.2% |
| Black | 6.5% | 5.0% |
| Hispanic | 6.0% | 3.6% |
| Other | 6.9% | 5.2% |
Note: Primary housing wealth is wealth from owner-occupied housing. Nonprimary housing wealth is wealth from nonowner-occupied housing. Hispanic means “Hispanic any race” and the race/ethnicity categories are mutually exclusive.
Source: Author’s analysis of microdata from the Federal Reserve Board Survey of Consumer Finances (2016)