While the total homeownership rate in the U.S. continues to decline, immigrants are holding steady.
Trulia examined the homeownership rates of foreign-born and domestic-born Americans over the last 25 years. The site found the gap between the two groups is down to 15 percentage points (65.9 percent for domestic versus 50.5 percent for immigrants) in 2015. The largest difference was a 20-point gap in 2001.
Montana, Vermont, and Hawaii had the smallest gaps in ownership rate between the native-born and foreigners, while North Dakota, Minnesota, and South Dakota had the largest discrepancies.
We calculated for each state the foreign-born residency rate relative to expectation. Not surprisingly, California (91.2%) and New York (63.4%) were the top two states with the greatest foreign-born residency rate relative to expectation. States with the lowest foreign-born residency rates relative to expectation were West Virginia (-88.5%), Montana (-86.2%), South Dakota (-82.7%), Missouri (-76.4%), and Mississippi (-73.2%).
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