Mapping the Hispanic Homeownership Gap

Despite improvements in recent years, Hispanic homeownership still significantly lags behind non-Hispanic white homeownership. Homeownership is key for building wealth, and consequently, the homeownership gap between white and Hispanic households has serious implications for the total wealth gap between those groups.

Similar to its prior work mapping the black homeownership gap, the Urban Institute examined the 100 US cities with the largest number of Hispanic households and created a map to show the size of the Hispanic homeownership gap and the scope of the affected population across selected US metropolitan areas.

The Urban Institute’s analysis shows that as the Hispanic share of a metropolitan area’s population grows, the size of the homeownership gap tends to decline.

Of the 10 cities with the largest number of Hispanic households, 7 of them— Dallas, Houston, Los Angeles, Phoenix, Riverside, San Antonio, and San Diego—are in the Southwest. The Southwest in general is home to a substantial share of the US Hispanic population. Accordingly, we find that the gap is generally smaller for cities in the Southwest, and the gap is even smaller in many Texas cities.

On the other hand, many Northeastern cities have smaller—though not insubstantial—Hispanic populations. Even Northeastern cities with the largest Hispanic populations have comparatively lower Hispanic shares of their population.

For example, New York City has the second-highest number of Hispanic households—almost 1.5 million—but they represent only 21 percent of total households. The Hispanic homeownership gap is notably larger in the Northeast than in other regions of the country.

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