Black homeownership rate still lags nearly 30 percentage points behind white homeownership rate: Homeownership rates by race and ethnicity, 1994–2021
All | White | Black | Hispanic | AAPI | Other | |
---|---|---|---|---|---|---|
1994 | 64% | 70% | 42% | 41% | 48% | |
1995 | 65% | 70% | 42% | 42% | 47% | |
1996 | 65% | 72% | 44% | 43% | 51% | |
1997 | 66% | 72% | 45% | 43% | 53% | |
1998 | 66% | 73% | 46% | 45% | 53% | |
1999 | 67% | 73% | 46% | 46% | 54% | |
2000 | 67% | 74% | 47% | 46% | 54% | |
2001 | 68% | 74% | 48% | 47% | 54% | |
2002 | 68% | 75% | 47% | 47% | 55% | |
2003 | 68% | 75% | 48% | 47% | 56% | |
2004 | 69% | 76% | 49% | 48% | 59% | |
2005 | 69% | 76% | 48% | 50% | 59% | |
2006 | 69% | 76% | 48% | 50% | 60% | |
2007 | 68% | 75% | 47% | 50% | 59% | |
2008 | 68% | 75% | 47% | 49% | 58% | |
2009 | 67% | 75% | 46% | 48% | 58% | |
2010 | 67% | 74% | 45% | 48% | 57% | |
2011 | 66% | 74% | 45% | 47% | 56% | |
2012 | 66% | 74% | 44% | 46% | 55% | |
2013 | 65% | 73% | 43% | 46% | 55% | |
2014 | 65% | 73% | 43% | 45% | 55% | |
2015 | 64% | 72% | 42% | 46% | 54% | |
2016 | 63% | 72% | 42% | 46% | 55% | 53% |
2017 | 64% | 72% | 42% | 46% | 57% | 55% |
2018 | 64% | 73% | 42% | 47% | 58% | 56% |
2019 | 65% | 73% | 42% | 47% | 58% | 55% |
2020 | 67% | 75% | 45% | 50% | 60% | 57% |
2021 | 66% | 74% | 45% | 48% | 60% | 57% |
Notes: AAPI refers to Asian Americans and Pacific Islanders. Race/ethnicity categories are mutually exclusive (i.e., white non-Hispanic, Black non-Hispanic, AAPI non-Hispanic, and Hispanic any race). “Other” includes AAPI in years in which AAPI data are not available.
Source: Economic Policy Institute analysis of Current Population Survey Housing Vacancy Survey.