Fast Facts:
Discriminatory actions and racist public policies have produced inequitable outcomes for Black, Indigenous, and people of color in the Washington region, including lower incomes and wealth, lower homeownership rates, and higher rates of housing cost burden.
Average household income by race and ethnicity, 2018-22
Note: Categories are not mutually exclusive. People identifying as Hispanic may also be represented in other bars except white.
Source: American Community Survey
Homeownership rate by race and ethnicity, 2018-22
Note: Categories are not mutually exclusive. People identifying as Hispanic may also be represented in other bars except white.
Source: American Community Survey
Share of mortgage originations by race and ethnicity, 2022
For first-lien owner-occupied home purchases of 1-4 unit dwellings
Note: Categories are mutually exclusive, borrowers identifying as Hispanic are not also represented in a race category. For mortgages with an applicant and a co-applicant, if they identify the same way they are captured in that category, otherwise if they have different identities they would be included in the Indigenous or Multiple race category.
Source: Home Mortgage Disclosure Act
Ratio of denial rates for mortgages between white borrowers and borrowers of color, 2022
For first-lien owner-occupied home purchases of 1-4 unit dwellings
Note: If White borrowers and borrowers of Color were denied mortgages at the same rate we would expect to see a ratio equal to 1. Values under 1 indicate that borrowers of Color have higher denial rates than White borrowers.
Source: Home Mortgage Disclosure Act
Understanding how household incomes relate to the supply of affordable rental and homeownership units will inform jurisdictions' efforts to meet the current and future housing needs of residents.
Renter households paying more than 30% of their monthly income in rent, 2018-22
Note: Households paying more than 30 percent of their monthly income in housing costs are considered to be cost burdened.
Source: American Community Survey
Share of mortgage originations to households with moderate incomes and below, 2022
For first-lien owner-occupied home purchases of 1-4 unit dwellings
Source: Home Mortgage Disclosure Act