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The Disproportionate Homeownership of White Americans

A study by LendingTree found Americans who identify as white own a disproportionate amount of homes in all of the nation’s 50 largest metros,. 

LendingTree says white Americans make up an average of 59% of people in metros in the study, but they own around 73% of owner-occupied homes. 

Additionally, white Americans living in the largest metros also earn more money than those who identify as another race. The average income for white Americans in the largest metros is $73,630—outearning all other racial demographics expect those who identify as Asian. 

White Americans own the largest percentage of homes relative to their population in the New York metro, making up 47% of the population and owning nearly 67% of all owner-occupied homes in the market. 

Following New York was San Diego, California, as White Americans represent 46.2% of the population but own 65.3% of the owner-occupied homes in the coastal market. 

San Jose, California, was home to the highest median income, as white earned an average of $117,009. White Americans earn the least amount of money in Tampa Bay, Florida, as they earn an average of $53,885. 

Additional markets with the most white Americans as homeowners were Phoenix, Arizona; Las Vegas, Nevada; Milwaukee, Wisconsin; Los Angeles, California; Miami, Florida; Riverside, California; Chicago, Illinois; and Dallas, Texas. 

The metro where white Americans own the smallest percentage of homes, relative to their population, is Pittsburgh, Pennsylvania. LendingTree found white Americans own 93.2% of owner-occupied homes, although representing just 86% of the population. 

Cincinnati, Ohio, was a close second to Pittsburgh, as whites represent 80% of the population and 89.4% of owner-occupied homes—a 9.3% difference. 

Also on the list was Louisville, Kentucky, with whites representing 76.9% of the population, but own just 87.9% of the owner-occupied homes. 

Other markets on the list were: Portland, Oregon; Birmingham, Alabama; St. Louis, Missouri; Salt Lake City, Utah; Kansas City, Missouri; Nashville, Tennessee; and Virginia Beach, Virginia. 

About Author: Mike Albanese

A graduate of the University of Alabama, Mike Albanese has worked for news publications since 2011 in Texas and Colorado. He has built a portfolio of more than 1,000 articles, covering city government, police and crime, business, sports, and is experienced in crafting engaging features and enterprise pieces. He spent time as the sports editor for the "Pilot Point Post-Signal," and has covered the DFW Metroplex for several years. He has also assisted with sports coverage and editing duties with the "Dallas Morning News" and "Denton Record-Chronicle" over the past several years.

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