Housing Affordability: Similarities Between African American And San Mateo County

African American and white residents in Santa Clara and San Mateo counties face different levels of housing disparities and challenges. Here are some comparisons and contrasts:

Housing Affordability:
Both African American and white residents in both counties face significant housing affordability challenges, with high costs and limited affordable housing options. However, African American residents in both counties tend to have lower incomes, which can make it even more difficult to afford housing. In Santa Clara County, African American households are more likely to be cost-burdened, meaning they spend 30% or more of their income on housing. Similarly, in San Mateo County, African American households are more likely to be severely cost-burdened, meaning they spend 50% or more of their income on housing.

Homeownership:

In Santa Clara County, African American households have a much lower homeownership rate than white households (31% versus 58%). In San Mateo County, the gap is even wider, with African American households having a homeownership rate of just 25%, compared to 65% for white households. This disparity in homeownership can impact intergenerational wealth building and access to stable housing.

Displacement:
Both counties are also experiencing significant displacement and gentrification, which can impact African American and white residents differently. In Santa Clara County, African American residents are more likely to live in historically black neighborhoods that are at risk of gentrification and displacement. Similarly, in San Mateo County, African American residents are more likely to live in low-income neighborhoods that are at risk of gentrification and displacement. White residents, on the other hand, may be more likely to benefit from gentrification and rising property values.