By county: Racial discrepancies in loan denial rates 2008

The Adobe Flash Player is required to view this multimedia interactive. Get it here.

Well-off blacks denied loans more than low-income whites

E-mail this page

By county: Racial discrepancies in loan denial rates (2008)

Black loan applicants are more likely than whites to have home loans denied. This table shows the disparities between black and white loan applicants on the percentage of home loans and refinancings that are denied, as reported by lenders to the federal government. Specifically, the table displays the number and percentage of loans denied by race and income group for different areas. For instance, in the eight-county region, 46.3 percent of upper income blacks were denied a loan, while 34.1 percent of low-income whites were denied. Upper-income whites, meanwhile, were denied 22.9 percent of the time. As the raw numbers (or "Counts") show, many more whites than blacks apply for and are denied loans.

Data: Racial discrepancies in high-cost home loan rates (2008)

The income groups are defined as follows:
Low = less than 50% of Metropolitan Statistical Area median family income.
Moderate = 50% - 80% MSA median income
Middle = 80% - 120% MSA median income
Upper = greater than 120% MSA median income

MSA median family incomes differ:
Dayton MSA (Montgomery, Miami, Greene and Preble counties) = $59,800
Cincinnati MSA (Warren and Butler counties) = $66,200
Springfield MSA (Clark County) = $54,500
Darke County = $51,600

Rates for blacks higher than whites

Rates for upper-income blacks higher than low-income whites

View data by bank

Eight-county Dayton region
		All loans		Home purchase		Refinance denials
Income group		Black	White	Black	White	Black	White
Low	Count	329	1,756	79	441	250	1,315
	% within race	53.6%	34.1%	43.2%	23.4%	58.0%	40.3%
Moderate	Count	500	3,062	109	608	391	2,454
	% within race	54.2%	32.3%	33.4%	15.2%	65.5%	44.7%
Middle	Count	404	3,141	58	467	346	2,674
	% within race	53.4%	29.3%	24.7%	12.5%	66.4%	38.3%
Upper	Count	328	3,410	30	384	298	3,026
	% within race	46.3%	22.9%	15.1%	7.9%	58.4%	30.2%

Montgomery County
		All loans		Home purchase		Refinance denials
Income group		Black	White	Black	White	Black	White
Low	Count	241	521	60	120	181	401
	% within race	55.1%	33.9%	43.5%	20.3%	60.5%	42.5%
Moderate	Count	389	862	92	160	297	702
	% within race	57.2%	30.4%	37.9%	12.3%	68.0%	45.8%
Middle	Count	264	864	30	128	234	736
	% within race	55.8%	29.1%	21.6%	11.9%	70.1%	38.9%
Upper	Count	168	858	15	85	153	773
	% within race	52.7%	22.8%	22.4%	7.0%	60.7%	30.3%

Butler County
		All loans		Home purchase		Refinance denials
Income group		Black	White	Black	White	Black	White
Low	Count	45	468	9	134	36	334
	% within race	46.9%	33.7%	34.6%	24.5%	51.4%	39.7%
Moderate	Count	56	844	8	180	48	664
	% within race	47.1%	35.2%	20.5%	19.1%	60.0%	45.6%
Middle	Count	79	763	20	123	59	640
	% within race	53.0%	29.2%	40.8%	14.4%	59.0%	36.4%
Upper	Count	75	835	8	115	67	720
	% within race	42.1%	24.6%	13.1%	10.3%	57.3%	31.6%

Clark County
		All loans		Home purchase		Refinance denials
Income group		Black	White	Black	White	Black	White
Low	Count	25	195	6	54	19	141
	% within race	65.8%	41.8%	60.0%	31.4%	67.9%	47.8%
Moderate	Count	32	287	6	56	26	231
	% within race	53.3%	34.0%	31.6%	15.8%	63.4%	47.2%
Middle	Count	30	283	3	41	27	242
	% within race	52.6%	30.9%	21.4%	12.9%	62.8%	40.4%
Upper	Count	22	304	0	22	22	282
	% within race	57.9%	28.1%	.0%	7.3%	66.7%	36.1%

Ohio
		All loans		Home purchase		Refinance denials
Income group		Black	White	Black	White	Black	White
Low	Count	2,802	12,416	706	2,800	2,096	9,616
	% within race	53.0%	36.8%	38.6%	23.3%	60.7%	44.3%
Moderate	Count	3,766	19,680	817	3,661	2,949	16,019
	% within race	51.4%	33.3%	28.3%	15.1%	66.4%	45.9%
Middle	Count	2,969	21,483	476	2,921	2,493	18,562
	% within race	52.7%	32.0%	26.0%	12.6%	65.6%	42.4%
Upper	Count	2,271	22,930	283	2,646	1,988	20,284
	% within race	50.4%	25.1%	21.6%	8.6%	62.3%	33.5%