This document analyzes data on Cuban immigrants in Florida and New Jersey to understand their economic assimilation. Principal component analysis identified factors influencing Hispanic homeownership, an indicator of economic assimilation. Regression models found the factors significantly predicted homeownership in each county. While Cubans maintained aspects of culture like Spanish fluency, English proficiency impacted economic success. The document argues government assistance through education, job programs, and loans could improve conditions for new immigrants as was done for Cuban refugees. Reforming immigration and refugee policies may enable more people to achieve economic success in the US.