Most Utahns of color are more likely to own a home than individuals from similar ethnic and racial backgrounds in the country, but homeownership rates among minority populations are still lagging.
SALT LAKE CITY — Most Utahns of color are more likely to own a home than individuals from similar ethnic and racial backgrounds in the country.
Meanwhile, 65.9% of Utah Asians live in a home they own, as do 58% of multiracial Utahns, 57.7% of American Indians, 57.5% of Hispanics and 54.6% of Pacific Islanders. Wood's research of 2010 U.S. Census data found that Salt Lake County neighborhoods with higher concentrations of minority households often coincided with food deserts, less access to public transportation and underprivileged schools.
Silver Creek Village, one example of a mixed-income housing project in Summit County, is seen on Feb. 21, 2023. Tuiaki added that a lack of knowledge can also lead to distrust, as families worry about being scammed on such an expensive investment. He said many of his clients feel more comfortable working with a realtor from a similar background as themselves.
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