PolicyLink and PERE
83
An Equity Profile of Orange County
32%
34%
44%
48%
51%
60%
60%
66%
Black Latino,
immigrant
Latino, U.S.-
born
Native
American
Mixed/other API,
immigrant
API, U.S.-
born
White
Black and Latino households face significant
homeownership disparities
Homeownership can be a critical pathway to
economic security and mobility, helping
lower-income people build an asset that can
be used to pay for education or other
productive investments. However, people of
color have faced major barriers to accessing
sustainable homeownership. Communities of
color were disproportionately targeted by
predatory lenders and negatively impacted by
the foreclosure crisis, which has contributed
to the rising racial wealth gap.
1
In 2016, Black households and Latino
immigrant households had the lowest
homeownership rates at 32 percent and 34
percent, respectively. In contrast, white and
Asian American/Pacific Islander households
had homeownership rates of 60 percent and
higher.
Black and Latino households have the lowest levels of homeownership
Connectedness
81. Percent Owner-Occupied Households by Race/Ethnicity, 2016
Source: Integrated Public Use Microdata Series. Universe includes all households (excludes group quarters).
Note: Data represent a 2012 through 2016 average.
1
Steil, Justin P., Len Albright, Jacob S. Rugh, and Douglas S. Massey. 2018.
"The Social Structure of Mortgage Discrimination." Housing Studies
33(5):759–76.
