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The Racial Wealth Divide in South Bend
<br />SEPTEMBER 201710 For more information, visit www.prosperitynow.org
<br />“-“ indicates that no data is available
<br />EMPLOYMENT AND BUSINESS OWNERSHIP
<br />HOUSING & HOMEOWNERSHIP
<br />EDUCATIONAL ATTAINMENT
<br />Data Measure South Bend City St. Joseph County South Bend-Mishawaka Indiana US
<br />Labor Force Participation Rate 63.4%64.6%64.2%63.9%63.5%
<br />White 63.0%64.1%63.9%63.9%62.8%Black or African American 61.5%61.5%62.4%61.7%62.1%Asian 69.4%60.6%60.6%61.7%65.0%Hispanic or Latino 71.6%72.5%72.3%69.7%67.2%Unemployment Rate 6.0%6.5%5.6%5.8%6.3%White 4.9%4.8%4.7%5.0%5.0%Black or African American 9.2%9.9%9.1%13.0%11.3%Asian ---4.7%5.2%Hispanic or Latino 9.5%7.8%6.4%6.4%7.4%Businesses Without Paid Employees 78.3%77.3%75.0%78.9%80.4%White 79.1%77.8%72.1%79.2%79.4%Black or African American 97.8%97.8%98.1%96.2%95.8%Asian 64.6%65.2%56.2%69.4%74.9%Hispanic or Latino 93.2%92.6%92.6%89.4%91.3%Business Value $1,099,823 $1,231,664 $1,316,197 $1,444,339 $1,213,944White $609,453 $674,572 $836,083 $549,495 $508,406Black or African American $65,675 $67,095 $28,934 $111,085 $58,119Asian--$690,095 $501,456 $364,717Hispanic or Latino $101,121 $96,405 $75,312 $150,714 $143,271
<br />Data Measure South Bend City St. Joseph County South Bend-Mishawaka Indiana US
<br />Homeownership Rate 58.6%68.5%70.8%69.0%63.9%White 68.0%74.6%76.5%73.8%71.5%Black or African American 34.6%34.0%36.1%37.4%42.4%Asian 51.2%57.7%57.6%50.1%57.9%Hispanic or Latino 63.5%62.6%62.8%52.2%46.0%Median Property Value $81,500 $114,800 $116,100 $124,200 $178,600White $89,000 $120,000 -$125,000 $180,000Black or African American $70,000 $78,000 -$90,000 $125,000Asian---$190,000 $350,000Hispanic or Latino $60,000 $75,000 -$95,000 $150,000Cost Burdened Renters 54.9%49.8%49.7%49.6%51.8%White 45.4%43.8%-47.4%48.0%Black or African American 67.5%62.2%-61.2%59.4%Asian ---42.0%46.0%Hispanic or Latino ---52.4%58.1%Cost Burdened Owners 27.3%22.8%25.0%23.4%32.5%White 23.1%21.1%-22.6%29.6%Black or African American 34.2%36.7%-36.1%42.5%Asian ---23.4%39.4%Hispanic or Latino -30.5%-32.0%43.7%
<br />Data Measure South Bend City St. Joseph County South Bend-Mishawaka Indiana US
<br />High School Degree or Higher 83.5%88.0%88.0%87.8%86.7%White 89.3%90.8%90.5%89.6%91.8%Black or African American 81.0%82.4%81.9%84.9%83.8%Asian 93.1%91.8%90.6%86.8%86.0%Hispanic or Latino 50.2%57.8%58.7%62.9%64.9%Bachelor's Degree 14.2%16.4%16.0%15.3%18.5%White 17.8%17.9%-16.0%20.6%Black or African American 7.3%9.0%-10.4%12.3%Asian -19.9%-24.8%29.7%Hispanic or Latino 6.3%9.0%-8.8%9.7%Graduate or Professional Degree 10.0%10.9%10.1%8.7%11.2%White 12.2%11.0%-8.7%12.5%Black or African American 3.0%4.2%-5.9%7.1%Asian -51.6%-32.5%21.7%Hispanic or Latino 5.1%7.9%-4.0%4.5%
<br />* The South Bend-Mishawaka, IN-MI metropolitan statistical area consists of St. Joseph County in Indiana and Cass County in Michigan.
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