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Immigration and Homeownership | California

Posted By Shirley Smith @ Apr 27th 2013 10:45am In: General Real Estate

Regions of Origin and Homeownership

The largest group of immigrants entering California originates from Asia (43 percent), while the second largest group is from other countries in North America (31 percent). By country, Mexico is the popular country of origin contributing 13.5 percent of the total immigrant group simply due to close proximity to the state, and eight percent from China. Notably, four out of the top ten sending countries are Asian countries located along the Pacific Rim. 

The homeownership rate of immigrants also varies across regions of origins. Those arriving from other countries within North America have the highest homeownership rate out of any other region (64 percent). Right behind are those from Europe (60 percent) and Asia (55 percent). Immigrants from Latin America have the lowest homeownership rate of 40 percent. This is consistent with the data that reveals North American countries of Canada and Mexico as the most popular country of origin for international clients and immigrants. Close country proximity for easy travel to the U.S helps quicken the assimilation process, and moving between countries in the same continent is relatively less burdensome in terms of moving than someone migrating across oceans. (see Exhibit 2)


EXHIBIT 1

Top Countries of Origin

Total

 1,062,040

El Salvador

    18,667

Mexico

    143,446

Bangladesh

    16,707

People's Republic of China

      87,016

Burma

    16,518

India

      69,013

Pakistan

    15,546

Philippines

      57,011

Iran

    14,822

Dominican Republic

      46,109

Peru

    14,064

Cuba

      36,452

Ethiopia

    13,793

Vietnam

      34,157

Canada

    12,800

South Korea

      22,824

Nigeria

    11,824

Colombia

      22,635

Brazil

    11,763

Haiti

      22,111

United Kingdom

    11,572

Iraq

      21,133

Ecuador

    11,103

Jamaica

      19,662

Guatemala

    11,092

Source: Yearbook of Immigration Statistics, 2011, DHS.

EXHIBIT 2

XHIBIT 3
region





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