Figure E
Despite recent gains, low-income Black and Hispanic families continue to face steep gaps in homeownership: Share of low-income families who own their home, 2007–2023
| Year | White | Hispanic | Black | White | Hispanic | Black |
|---|---|---|---|---|---|---|
| 2007 | 47.4% | 34.6% | 21.5% | |||
| 2008 | 46.8% | 34.2% | 21.0% | |||
| 2009 | 45.8% | 32.9% | 19.3% | |||
| 2010 | 45.6% | 31.7% | 19.9% | |||
| 2011 | 44.8% | 30.8% | 19.2% | |||
| 2012 | 43.9% | 30.0% | 18.2% | |||
| 2013 | 43.3% | 29.8% | 17.9% | |||
| 2014 | 42.9% | 28.4% | 16.8% | |||
| 2015 | 42.3% | 28.5% | 15.9% | |||
| 2016 | 42.1% | 28.3% | 15.7% | |||
| 2017 | 43.9% | 29.6% | 16.3% | |||
| 2018 | 44.7% | 29.7% | 16.4% | |||
| 2019 | 44.7% | 30.1% | 17.0% | |||
| 2020 | ||||||
| 2021 | 48.9% | 33.4% | 18.7% | |||
| 2022 | 50.7% | 34.3% | 19.9% | |||
| 2023 | 51.4% | 34.0% | 21.7% |
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