American homeowners hold most of their assets in their primary residence; this is especially true for Black and brown households
| Typical share of total assets in housing | |
|---|---|
| American households | 61% |
| White, non-Hispanic | 57% |
| Black, non-Hispanic | 74% |
| Hispanic | 80% |
| Other | 66% |
Source: Survey of Consumer Finances 2019 (authors’ calculations).