The national gap, for scale

In the second quarter of 2022, the U.S. homeownership rate was 75 percent for white households and 45 percent for Black households, according to the U.S. Treasury's economic security analysis — a gap of roughly thirty percentage points, and one of the largest in American economic life.

Atlanta's contradiction

The Atlanta metro is both a leader and a laggard, depending on which question you ask. The Urban Institute found that Black homeownership in the Atlanta metro has declined since 2005, with a drop of about 6 percent. At the same time, Atlanta is consistently ranked among the best American cities for Black homebuyers: a 2024 report found that Atlanta, Washington D.C., and Dallas-Fort Worth together accounted for almost 16 percent of Black homebuyers nationally from 2022 to 2023.

Both are true. Atlanta is where Black buyers go, and it is also a metro where Black ownership has slipped. A city can be the best market for something and still be losing ground on it.

How to read any number here

Homeownership statistics change with the interest rate cycle, the measure used, and the boundaries of the metro being described. The National Fair Housing Alliance's State of Equitable Homeownership report tracks the wealth and homeownership gap across several years and is the most useful single starting point for that reason.