Homeownership rates for Latinos in Rhode Island are well below the national average. New data show 25 percent of the of the state’s Latinos own their own home, compared the national average of 45 percent. That’s according to study by the Latino Policy Institute, and Housing Works RI. From 2007 to 2013, the cost of home ownership far outpaced incomes for Latinos in the state.
What’s more, the number of Latinos grew by more than 50 percent since 2000, making them the fastest growing population in the state.