Black and Latine households have higher denial rates on mortgage applicants, refinance shares, and cost-burden shares for renters and homeowners, while having lower homeownership rates than white households. Foreclosure rates are higher in zip codes with higher concentrations of non-white residents. Households of color also have disproportionate levels of small business activity and engagement, largely dominated by their white counterparts.
This one-pager highlights racial demographic information on homeownership and business ownership in Austin, TX. This data was gathered in collaboration with the Urban Institute.
