Housing insecurity disproportionately threatens Black and Hispanic homeowners: Share of low-income homeowners that spend more than 30% of their income on housing costs, 2007–2023
| Year | Black | White | Hispanic | Black | White | Hispanic |
|---|---|---|---|---|---|---|
| 2007 | 75.4% | 68.7% | 71.2% | |||
| 2008 | 75.7% | 68.7% | 72.0% | |||
| 2009 | 74.9% | 68.8% | 70.7% | |||
| 2010 | 75.3% | 70.1% | 69.9% | |||
| 2011 | 75.2% | 68.4% | 68.5% | |||
| 2012 | 71.9% | 66.1% | 64.0% | |||
| 2013 | 68.1% | 64.1% | 61.0% | |||
| 2014 | 68.5% | 62.1% | 59.7% | |||
| 2015 | 66.1% | 61.3% | 58.9% | |||
| 2016 | 65.7% | 60.1% | 56.6% | |||
| 2017 | 63.3% | 57.5% | 55.6% | |||
| 2018 | 64.4% | 59.5% | 55.5% | |||
| 2019 | 65.2% | 57.9% | 55.6% | |||
| 2020 | ||||||
| 2021 | 67.1% | 61.3% | 58.4% | |||
| 2022 | 66.3% | 61.3% | 56.7% | |||
| 2023 | 67.6% | 60.8% | 58.1% |
Notes: Shaded areas denote recessions. 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.