Black homeownership rates grew significantly from 1940 to 1980, but started to drop after 1980: Decennial homeownership rates by race, 1900–2020

Year White Black
1900 47.9% 22%
1910 47 23.5
1920 47 22.9
1930 48.3 24.2
1940 43.2 21.1
1950 59.2 34.1
1960 68.8 40.8
1970 73.1 49.7
1980 76.8 58
1990 77.6 54.1
2000 74 47
2010 74 45
2020 75 45

Notes: Race and ethnicity categories are mutually exclusive (i.e., white non-Hispanic and Black non-Hispanic). Figures give the rate of owner occupancy per 100 households in our core sample. The core sample consists of households headed by males between the ages of 25 and 64, in the labor force, not enrolled in school. Observations with unreported tenure status are excluded when possible. 

Sources: Collins and Margo, “Race and Home Ownership” (2011); U.S. Census Bureau. “Table 16: Quarterly Homeownership Rates by Race and Ethnicity of Householder: 1994 to Present” [Excel file], Housing Vacancies and Homeownership (CPS/HVS). Last revised September 14, 2020.

View the underlying data on epi.org.