Blacks have the lowest rate of homeownership
Homeownership rates among Black Americans have the lowest among other racial/ethnic groups, even among peers of similar income. The gap between Black and white ownership, about 30 percentage points, is wider than it was in 1960 when lenders could legally discriminate according to race.
Bar chart showing 2024 homeownership rates by racial/ethnic groups. Blacks, who have the lowest rate, along with Latines own homes at a
