CFED Scorecard

CFED Assets & Opportunity Scorecard

Homeownership by Race Reports & Graphics

Homeownership is the primary means of building wealth for most Americans, yet households of color have much lower homeownership rates than white households. This measure describes the disparity in homeownership rates between white households and households of color.  For example, the homeownership rate for white households in New York is 2.3 times higher than for households of color. 

Homeownership by Race, 2012

State Homeownership Rate,
White Households (%)
Homeownership Rate,
Households of Color (%)
RatioRank
United States  71.5%  45.5%  1.57   
Alabama  75.7%  52.5%  1.44  14 
Alaska  68.5%  49.5%  1.39  10 
Arizona  68.8%  49.9%  1.38 
Arkansas  71.7%  47.6%  1.51  26 
California  63.0%  43.6%  1.45  15 
Colorado  68.8%  47.1%  1.46  18 
Connecticut  76.1%  37.6%  2.03  47 
Delaware  79.1%  50.5%  1.57  30 
District of Columbia  48.0%  36.2%  1.33 
Florida  73.6%  50.4%  1.46  17 
Georgia  74.0%  47.3%  1.57  29 
Hawaii  51.9%  57.5%  1.11 
Idaho  70.3%  53.5%  1.31 
Illinois  75.1%  47.1%  1.59  31 
Indiana  74.1%  44.2%  1.68  39 
Iowa  74.4%  44.6%  1.67  36 
Kansas  70.0%  48.8%  1.44  12 
Kentucky  70.7%  39.5%  1.79  40 
Louisiana  74.8%  49.5%  1.51  27 
Maine  72.5%  44.3%  1.64  34 
Maryland  76.0%  52.1%  1.46  16 
Massachusetts  69.3%  31.8%  2.18  50 
Michigan  77.1%  47.4%  1.63  32 
Minnesota  76.2%  39.0%  1.96  46 
Mississippi  76.9%  53.7%  1.43  11 
Missouri  72.3%  43.2%  1.67  37 
Montana  69.0%  48.1%  1.44  13 
Nebraska  70.1%  42.2%  1.66  35 
Nevada  62.1%  42.3%  1.47  20 
New Hampshire  72.2%  48.3%  1.50  25 
New Jersey  77.4%  41.4%  1.87  43 
New Mexico  71.0%  64.2%  1.11 
New York  66.4%  28.6%  2.33  51 
North Carolina  73.1%  47.5%  1.54  28 
North Dakota  67.5%  36.9%  1.83  42 
Ohio  71.8%  39.3%  1.83  41 
Oklahoma  71.1%  52.4%  1.36 
Oregon  64.7%  43.6%  1.48  23 
Pennsylvania  73.9%  44.1%  1.68  38 
Rhode Island  66.1%  30.9%  2.14  49 
South Carolina  75.5%  51.7%  1.46  19 
South Dakota  70.7%  36.3%  1.95  45 
Tennessee  72.6%  44.4%  1.64  33 
Texas  70.5%  53.0%  1.33 
Utah  72.8%  52.6%  1.38 
Vermont  72.3%  37.9%  1.91  44 
Virginia  73.1%  49.5%  1.48  22 
Washington  66.9%  44.7%  1.50  24 
West Virginia  73.3%  49.8%  1.47  21 
Wisconsin  72.0%  34.6%  2.08  48 
Wyoming  70.9%  54.2%  1.31 

Definition

Ratio of the homeownership rate of white, non-Hispanic households to households of color (Black or African-American; American Indian and Native Alaskan; Asian; Native Hawaiian and other Pacific Islander; Hispanic or Latino; some other race; two or more races), 2012.

 Calculated by dividing the higher value by the lower value, i.e., the homeownership rate of white households divided by households of color, except in Hawaii where households of color have a higher homeownership rate.

 A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. 

Source

2012 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2013.

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