Nov 10, 2015
Texas Tribune: Texas minorities less likely to own homes
AUSTIN – While minorities occupy about half of the state’s housing units, they are less likely than white Texans to own their homes, according to recently released U.S. Census data.Here's how the...
AUSTIN – While minorities occupy about half of the state’s housing units, they are less likely than white Texans to own their homes, according to recently released U.S. Census data.
Here’s how the numbers break down:
- Hispanics live in 30.6 percent of the state’s housing units. Of that, 27.7 percent own their home.
- Blacks occupy 12.5 percent of housing units, but 8.3 percent of black households own their home.
- Whites occupy 51.5 percent of housing units, but 58.8 percent of white households are owned.
State Demographer Lloyd Potter said the disparities are mostly rooted in varying education and income levels among minority populations. In other words, minorities are less likely to be able to afford their own homes.
Hispanics face the largest disparity in Victoria, where they occupy 36.7 percent of housing units but their homeownership rate is only 28.5 percent, and College Station, where they reside in 19.1 percent of homes but only 12.9 percent own the homes.
Blacks are most underrepresented among homeowners in Texarkana, where they occupy a quarter of homes but their homeownership rate is only 16.8 percent. That’s followed by Waco, where they live in 15.8 percent of homes but have a homeownership rate of 7.4 percent.
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