racial equity
Median Home Value by Race/Ethnicity

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Source: U.S. Census Bureau

What does this measure?

The home value reported by homeowners in various racial and ethnic groups to the Census Bureau, adjusted for inflation. The median represents the mid-point of home values (half the values are above the median and half below).

Why is this important?

A home is usually a person's or a family's highest-valued possession. Home values are also an indicator of the region's cost of living, relative wealth, and general prosperity.

How is Norfolk County doing?

In 2017-21, the median home values for African American homeowners ($374,700) and Hispanic homeowners ($458,000) in Norfolk County were lower compared to home values for white ($574,300) and Asian ($624,600) homeowners. Similar disparties existed in the state and nation, although the disparity between African American and white median home values was smaller at the state level compared to Norfolk.

Among comparison counties, Norfolk had the lowest median home value among African Americans and the second lowest among Hispanics behind Essex ($367,500).

Why do these disparities exist?

Research has demonstrated that homes are appraised at lower values in communities of color, particularly Black communities, when compared with homes in white neighborhoods with similar house and neighborhood characteristics. Neighborhood racial composition was an explicit determining factor in the evaluation of US home values from the 1930s until the passage of the Fair Housing Act of 1968. Government-enforced a href="https://www.npr.org/2017/05/03/526655831/a-forgotten-history-of-how-the-u-s-government-segregated-america" target="_blank">redlining policies and other discriminatory housing practices resulted in higher valuations and investment in white communities and lower home valuations and disinvestment in communities of color. These policies have been a major contributor to present day racial disparities in median home values. Recent research suggests neighborhoods with higher shares of Black and Hispanic residents have experienced lower real housing appreciation, and homes in those neighborhoods are more likely than homes in white neighborhoods to be appraised at values below contract prices.

Notes about the data

Data are presented in 2021 dollars. Multi-year data are from the Census Bureau's American Community Survey, Public Use Microdata Sample. The American Community Survey combines five years of responses to provide estimates for smaller geographic areas and increase the precision of its estimates. The survey provides data on characteristics of the population that used to be collected only during the decennial census.

snapshot
Median Home Value by Race/Ethnicity, 2017-21
AsianBlack or African AmericanHispanicWhite
Norfolk County$624,567$374,654$457,926$574,295
Essex County$427,633$389,738$367,482$475,280
Middlesex County$558,843$464,048$495,504$515,589
Massachusetts$540,252$406,431$379,243$438,772

Source: U.S. Census Bureau
Notes: No Rate Data






INDICATORS
Change in Total Population
Change in Population by Race/Ethnicity
Language Diversity
Foreign-Born Population
Population by Age
People with Disabilities
Voter Registration
Voter Participation
Arrest Rate by Race/Ethnicity
Incarceration Rate by Race/Ethnicity
Change in Total Jobs
Unemployment Rate
Unemployment Rate by Race/Ethnicity
Living Wage
Median Household Income
Median Household Income by Race/Ethnicity
Income in Relation to Poverty Level
People Living in Poverty
People Living in Poverty by Race/Ethnicity
People Living in Poverty by Age
Children Living in Poverty by Race/Ethnicity
Females Living in Poverty by Race/Ethnicity
Seniors Living in Poverty
Share of Workers who are Professionals by Race/Ethnicity
Business Ownership by Race/Ethnicity
Access to Financial Services by Race/Ethnicity
Student Performance on Grade 3 English by Student Subgroup
High School Cohort Graduation Rate by Student Group
Education Levels of Adults by Race/Ethnicity
Overall Housing Cost Burden
Median Home Value
Median Home Value by Race/Ethnicity
Cost of Homeownership
Cost of Homeownership by Race/Ethnicity
Cost of Renting
Cost of Rent by Race/Ethnicity
Households Receiving SNAP
Households Receiving SNAP by Race/Ethnicity
Food Insecurity
Households Without Vehicles
Means of Transportation to Work by Race/Ethnicity
Protected Land
Percent of Days with Good Air Quality
Early Prenatal Care
Early Prenatal Care by Mother's Race/Ethnicity
Drug Poisoning Mortality Rate
Substance Abuse Treatment Admissions
People 65 or Older Living Alone
Change in Population by Race/Ethnicity
Arrest Rate by Race/Ethnicity
Incarceration Rate by Race/Ethnicity
Unemployment Rate by Race/Ethnicity
Median Household Income by Race/Ethnicity
People Living in Poverty by Race/Ethnicity
Children Living in Poverty by Race/Ethnicity
Females Living in Poverty by Race/Ethnicity
Share of Workers who are Professionals by Race/Ethnicity
Business Ownership by Race/Ethnicity
Student Performance on Grade 3 English by Student Subgroup
High School Cohort Graduation Rate by Student Group
Education Levels of Adults by Race/Ethnicity
Median Home Value by Race/Ethnicity
Cost of Homeownership by Race/Ethnicity
Cost of Rent by Race/Ethnicity
Households Receiving SNAP by Race/Ethnicity
Early Prenatal Care by Mother's Race/Ethnicity



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