Homeownership in united state 2014 Among the Foreign-Born Population

Homeownership in united state 2014

55% Indian-Americans own house in US
Though Indian-Americans have the distinction of being the highest-per capita income group among ethnic communities, they lag far behind their European counterparts when it comes to owning a house in the US.

According to the 'Homeownership Among the Foreign-Born Population: 2011', released by the Census Bureau, 55 per cent of the Indian-Americans own a house of their own while 45 live in rented accommodation.

Foreign-born owned households with a householder from Europe were the most likely to be
owned free and clear (40 per cent), while foreign-born owned households with a householder from Africa were the least likely to be owned free and clear (14 per cent).

Of the 20 country-of-birth groups with the largest number of foreign-born households in the US, Over 70 per cent of foreign-born households with a householder from Canada (71 per cent), Germany (72 per cent), Italy (79 per cent), and the United Kingdom (73 per cent) were owner occupied.

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