Utah sees wide housing disparities by race

Utah's homeownership rate is higher than the rest of the nation.

Yes, but: About 74% of white non-Hispanics own and occupy their homes, compared to 27% of Black households and about 54% of Latino households, per a University of Utah Kem C. Gardner Policy Institute report .

Why it matters: Homeownership remains the biggest driver of the wealth gap, per the U.S. Department of Housing and Urban Development, Axios' Brianna Crane reports .

The big picture: Historically, racist housing practices, redlining and predatory lending have prevented many Black Americans from obtaining homeownership, per the Urban Institute .

By the numbers: In Utah, about 20% of Black, Pacific Islander and Latino renters spend between 30% to 49% of their income on rent, making them severely cost burdened.

• It's generally advised one set aside a third of their income for rent.

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