Share of low-income families that rent or own their home, 2007–2023

Year White Black Hispanic
Share of low-income families that rent Black-white ratio Hispanic-white ratio
2007 52.6% 78.5% 65.4% 1.49 1.24
2008 53.2% 79.0% 65.8% 1.49 1.24
2009 54.2% 80.7% 67.1% 1.49 1.24
2010 54.4% 80.1% 68.3% 1.47 1.26
2011 55.2% 80.8% 69.2% 1.47 1.25
2012 56.1% 81.8% 70.0% 1.46 1.25
2013 56.7% 82.1% 70.2% 1.45 1.24
2014 57.1% 83.2% 71.6% 1.46 1.25
2015 57.7% 84.1% 71.5% 1.46 1.24
2016 57.9% 84.3% 71.7% 1.46 1.24
2017 56.1% 83.7% 70.4% 1.49 1.25
2018 55.3% 83.6% 70.3% 1.51 1.27
2019 55.3% 83.0% 69.9% 1.50 1.26
2020
2021 51.1% 81.3% 66.6% 1.59 1.30
2022 49.3% 80.1% 65.7% 1.62 1.33
2023 48.6% 78.3% 66.0% 1.61 1.36
Share of low-income families that own their home White-Black ratio White-Hispanic ratio
2007 47.4% 21.5% 34.6% 2.20 1.37
2008 46.8% 21.0% 34.2% 2.23 1.37
2009 45.8% 19.3% 32.9% 2.37 1.39
2010 45.6% 19.9% 31.7% 2.30 1.44
2011 44.8% 19.2% 30.8% 2.34 1.45
2012 43.9% 18.2% 30.0% 2.41 1.46
2013 43.3% 17.9% 29.8% 2.42 1.45
2014 42.9% 16.8% 28.4% 2.55 1.51
2015 42.3% 15.9% 28.5% 2.67 1.48
2016 42.1% 15.7% 28.3% 2.67 1.49
2017 43.9% 16.3% 29.6% 2.69 1.48
2018 44.7% 16.4% 29.7% 2.73 1.50
2019 44.7% 17.0% 30.1% 2.62 1.48
2020
2021 48.9% 18.7% 33.4% 2.62 1.47
2022 50.7% 19.9% 34.3% 2.55 1.48
2023 51.4% 21.7% 34.0% 2.37 1.51
Economic Policy Institute

Note: Race and ethnicity are mutually exclusive (i.e., white alone non-Hispanic, Black alone or in any combination non-Hispanic, Hispanic any race). Data for 2020 are omitted due to data quality issues

Source: EPI analysis of 2007–2023 American Community Survey 1-Year microdata via IPUMS.

View the underlying data on epi.org.