Share of the black–white homeownership gap explained by different returns to demographic and socioeconomic characteristics, 2004–2017

Year Overall College Some college High school Less than high school 
2004 53.29% 43.17% 55.46% 54.67% 60.73%
2005 53.16% 43.69% 56.27% 54.90% 58.19%
2006 52.98% 44.33% 55.64% 54.91% 58.00%
2007 52.20% 41.42% 55.39% 55.00% 56.68%
2008 52.93% 41.28% 55.84% 56.71% 59.47%
2009 51.77% 44.30% 53.95% 55.81% 56.40%
2010 53.30% 49.39% 55.17% 56.29% 58.60%
2011 52.96% 47.91% 54.29% 56.09% 59.94%
2012 52.54% 47.12% 53.84% 55.64% 59.34%
2013 54.00% 52.70% 55.07% 57.36% 59.25%
2014 54.16% 52.60% 55.09% 56.49% 61.64%
2015 55.50% 54.83% 56.20% 58.07% 63.20%
2016 57.18% 56.21% 58.73% 59.52% 64.92%
2017 57.13% 54.87% 58.84% 59.86% 65.25%

Note: Shaded area denotes recession.

Source: Blinder-Oaxaca decompositions using American Community Survey microdata

View the underlying data on epi.org.