San Antonio among cities with the highest percentage of black homeowners
SAN ANTONIO (KTSA News) — Lending Tree has put out the results of their study into which cities have the highest number of black home owners.
The study looked into the difference between the percentage of owner occupied homes and the percentage of homes owned by Black Americans.
The findings were based on the difference between the percentage of owner-occupied homes that are owned by residents who identify as black, and the percentage of the population that identifies as black in that metro area. No other racial groups were included in this particular study.
The further the difference is from zero, the more disproportionate the number of black owner-occupied homes is in that metro area.
At the bottom of the list is Memphis, Tennessee where Americans who identify as black make up 47 percent of the city’s population. But only 10 of owner occupied homes are owned by blacks.
San Jose, Los Angeles, and Salt Lake City are the cities with the highest percentage of black homeowners.
San Antonio ranks #4 for cities with the highest percentage of black homeowners.
6.27% of the population in San Antonio is is black and a little more than 5% of the black population are homeowners.
The analysis was based on data from the U.S. Census Bureau’s 2017 American Community Survey.
You can view the entire study here.