Racial Equity
Homeownership Rate
Source: U.S. Census Bureau
Homeownership Rate
2015-19
Arkansas County65%
Ashley County77%
Baxter County76%
Benton County67%
Boone County72%
Bowie County, Texas63%
Bradley County65%
Calhoun County85%
Carroll County76%
Chicot County62%
Clark County58%
Clay County67%
Cleburne County75%
Cleveland County76%
Columbia County70%
Conway County67%
Craighead County57%
Crawford County76%
Crittenden County57%
Cross County67%
Dallas County68%
Desha County61%
Drew County68%
Faulkner County62%
Franklin County71%
Fulton County80%
Garland County68%
Grant County80%
Greene County67%
Hempstead County69%
Hot Spring County78%
Howard County69%
Independence County72%
Izard County76%
Jackson County69%
Jefferson County62%
Johnson County70%
Lafayette County79%
Lawrence County67%
Lee County60%
Lincoln County77%
Little River County72%
Logan County74%
Lonoke County69%
Madison County78%
Marion County79%
Miller County65%
Mississippi County56%
Monroe County60%
Montgomery County81%
Nevada County67%
Newton County84%
Ouachita County69%
Perry County76%
Phillips County48%
Pike County79%
Poinsett County63%
Polk County77%
Pope County69%
Prairie County74%
Pulaski County59%
Randolph County72%
Saline County78%
Scott County74%
Searcy County74%
Sebastian County59%
Sevier County71%
Sharp County77%
St. Francis County55%
Stone County75%
Union County75%
Van Buren County79%
Washington County53%
White County66%
Woodruff County65%
Yell County71%

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.




Number of Owner-occupied Housing Units
2015-19
Arkansas County4,883
Ashley County6,010
Baxter County14,038
Benton County64,742
Boone County10,793
Bowie County, Texas21,624
Bradley County2,880
Calhoun County1,569
Carroll County8,436
Chicot County2,513
Clark County4,859
Clay County4,344
Cleburne County8,110
Cleveland County2,446
Columbia County6,029
Conway County5,590
Craighead County23,623
Crawford County18,211
Crittenden County10,956
Cross County4,447
Dallas County2,010
Desha County3,199
Drew County4,845
Faulkner County27,776
Franklin County4,740
Fulton County3,965
Garland County27,270
Grant County5,499
Greene County11,561
Hempstead County5,607
Hot Spring County9,809
Howard County3,545
Independence County10,261
Izard County3,690
Jackson County4,257
Jefferson County16,644
Johnson County6,818
Lafayette County2,202
Lawrence County4,351
Lee County1,917
Lincoln County2,910
Little River County3,836
Logan County6,202
Lonoke County18,624
Madison County4,899
Marion County5,348
Miller County10,619
Mississippi County9,237
Monroe County1,996
Montgomery County3,053
Nevada County2,274
Newton County2,472
Ouachita County6,676
Perry County2,804
Phillips County3,607
Pike County3,372
Poinsett County5,994
Polk County6,321
Pope County15,563
Prairie County2,792
Pulaski County92,938
Randolph County5,275
Saline County34,419
Scott County2,910
Searcy County2,460
Sebastian County30,130
Sevier County4,201
Sharp County5,746
St. Francis County5,139
Stone County3,573
Union County11,865
Van Buren County5,352
Washington County45,928
White County19,195
Woodruff County1,917
Yell County5,363

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.



NATIONAL RANKING
33

OUT OF 51
2015-19

STATE TREND

Decreasing


66%

2015-19
1% = 11,581
Housing Units

What does this measure?

The percentage of all occupied housing units (not vacant) that are owner-occupied (not rented).

Why is this important?

Homeownership is an important factor for neighborhood stability and civic participation. A home is a vital financial asset for a family and an investment in both the local neighborhood and surrounding community.

How is Arkansas doing?

In 2015-19, the homeownership rate was 66%, down 3 percentage points from 2000 and 2 points higher than the national rate. This makes Arkansas 33rd in the nation on this indicator. Rates varied across racial and ethnic groups: 71% for whites, compared to 44% for blacks or African Americans and 52% for Hispanics. The rate for Hispanics increased 13 points from 2000, while all of the other major groups saw declines except Asian Americans and American Indian and Native Alaskans. Within the state, rates ranged from 48% in Phillips County to 85% in Calhoun County.

What contributes to racial and ethnic disparities?

Disparities in homeownership are connected to racial inequities within systems beyond housing, including financial services, labor market and intergenerational wealth. Historic practices including redlining, exclusionary mortgage practices and restrictive covenants barring property from being owned by members of specific groups directly locked people out of homeownership. These had intergenerational effects when people of color were unable to benefit from wealth transfers of home equity as white homebuyers can. Since Black and Latino households generally have lower wages and wealth accumulation, they have less resources for down payments and higher debt to income ratios. With lower credit scores than other racial/ethnic groups, communities of color may be less likely to qualify for mortgages as underwriting standards increase. Many in the Black and Latino community may lack information about the home buying process and choose to stay renters. Discrimination during the home buying process also influences whether people of color buy a house. Researchers have found that during the search process, people of color were shown fewer houses and provided less information than whites.

Notes about the data

The multiyear figures are from the Census Bureau's American Community Survey. The bureau combined 5 years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. However, because the information came from a survey, the samples responding to the survey were not always large enough to produce reliable results, especially in small geographic areas. CGR has noted on data tables the estimates with relatively large margins of error. Estimates with 3 asterisks have the largest margins, plus or minus 50% or more of the estimate. Two asterisks mean plus or minus 35%-50%, and one asterisk means plus or minus 20%-35%. For all estimates, the confidence level is 90%, meaning there is 90% probability the true value (if the whole population were surveyed) would be within the margin of error (or confidence interval). The survey provides data on characteristics of the population that used to be collected only during the decennial census. Data for this indicator is expected to be released annually in December.




Source: U.S. Census Bureau


Homeownership Rate
20002010-142015-19
Arkansas69%67%66%

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.




Number of Owner-occupied Housing Units
20002010-142015-19
Arkansas723,458753,620759,455

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.






Source: U.S. Census Bureau


Homeownership Rate by Race/Ethnicity
American Indian and Native AlaskanAsianBlack or African AmericanHispanicNative Hawaiian and Other Pacific IslanderSome Other RaceTwo or More RacesWhite
Arkansas59%54%44%52%7%******52%53%71%
Benton County61%**44%34%**57%2%******62%**55%69%
Craighead County8%******36%******18%**43%**0%******48%****44%**65%
Crittenden County20%******58%****42%30%****0%******0%******52%**75%
Faulkner County72%******33%******36%42%**0%******33%******50%****67%
Jefferson County100%******23%******50%45%**0%******45%******68%******80%
Miller County41%******0%******39%38%****0%******58%******27%******75%
Mississippi County100%******79%******36%42%**0%******24%******63%******68%
Phillips County14%******0%******36%67%******0%******0%******9%******67%
Pulaski County72%**57%42%46%100%******46%**46%70%
Saline County82%******70%**54%74%0%******74%******61%****80%
Sebastian County46%****65%26%48%0%******46%43%**63%
St. Francis County83%******46%******42%62%******0%******70%******22%******69%
Union County96%**73%******59%71%**0%******42%******74%******84%

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%. The Census Bureau asks people to identify their race (white, African-American, etc.) separate from their ethnicity (Hispanic or non-Hispanic). So the totals for these categories cannot be added together, as people show up in both a racial and ethnic group.




Number of Homeowners by Race/Ethnicity
American Indian and Native AlaskanAsianBlack or African AmericanHispanicNative Hawaiian and Other Pacific IslanderSome Other RaceTwo or More RacesWhite
Arkansas4,3197,66475,82430,601123******11,39611,644648,485
Benton County715**1,550518**6,6316******831**1,02760,095
Craighead County9******127******1,104**643**0******255****249**21,879
Crittenden County10******73****3,67791****0******0******748**6,448
Faulkner County108******108******1,781598**0******202******348****25,229
Jefferson County88******55******7,678201**0******126******154******8,543
Miller County37******0******1,691152****0******129******80******8,682
Mississippi County2******46******2,031190**0******62******177******6,919
Phillips County1******0******1,63012******0******0******2******1,974
Pulaski County409**1,72123,0592,90212******923**1,41165,403
Saline County131******311**1,6061,0160******172******367****31,832
Sebastian County252****1,2988632,3340******1,493605**25,619
St. Francis County10******19******2,082133******0******90******13******2,925
Union County74**47******2,952253**0******30******64******8,698

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%. The Census Bureau asks people to identify their race (white, African-American, etc.) separate from their ethnicity (Hispanic or non-Hispanic). So the totals for these categories cannot be added together, as people show up in both a racial and ethnic group.









INDICATORS
Access to Quality Seats for Infants and Toddlers
Access to Quality Childcare Seats for Preschoolers
Grade 3 Reading
Grade 8 Math
Graduation Rate
Remediation Rate
Adults with a High School Degree
Adults with a Bachelor's Degree or Higher
Adults Pursuing Further Education
Infant Mortality
Early Prenatal Care
Overweight or Obese Students
Student Drug Usage
Overweight or Obese Adults
Physically Inactive Adults
Smoking Rate
Flouridated Water
Insurance Coverage Rates
Oral Health
Life Expectancy
Routine Check-ups
Births to Teens
Female-headed Households
Children Living in Poverty
People Living in Poverty
Elderly Living in Poverty
Median Household Income
Unemployment Rate
Homeownership Rate
Child Abuse and Neglect
Access to Financial Services
Food Insecurity
Incarceration Rate
Homelessness
Change in Total Jobs
Housing Affordability - Owning
Housing Affordability - Renting
Households Below ALICE Threshold
Voter Participation Rate
Charitable Giving
Volunteering
Group Participation
Connection to Neighbors
Local Voting
Change in Population
Change in Population by Race/Ethnicity
Change in Population by Age
Adults with a High School Degree
Adults with a Bachelor's Degree or Higher
Female-headed Households
Children Living in Poverty
People Living in Poverty
Elderly Living in Poverty
Median Household Income
Unemployment Rate
Homeownership Rate
Incarceration Rate
Change in Population by Race/Ethnicity


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