How Did Jim Crow Laws Influence Black Americans

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Asa Korczynski

Home ownership is essential to accumulating wealth, however, there are many factors that hinder obtaining a home, especially for black and Hispanic families, which one will we highlight today? In 2022, the rate of homeownership for hispanics was 48.6%, and for black owners, 45%. Compared to these percentages, those of white/non-Hispanic people outweigh these statistics by a landslide at a rate of 74.4%.

This roots all the way back to the time of slavery, and the housing practices that led to where we are today. Jim Crow laws also affected job opportunities for people of color and the ability to make money, resulting in a lesser chance of being financially stable. As a result of redlining and poor banking practices, black families
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