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Bookmark or Share- Disparities in Wealth by Race and Ethnicity in the 2019 Survey of ...This FEDS Note explores patterns in wealth holding by race and ethnicity, as well as some key issues related to the accumulation of wealth, using new data from the 2019 Survey of Consumer Finances (SCF).
- The State of U.S. Wealth Inequality | St. Louis FedWhat is the current racial wealth gap? Black families owned about 23 cents for every $1 of white family wealth, on average. Hispanic families owned about 19 cents for every $1 of white family wealth, on average. What is the current wealth gap by household education?
- Black wealth is increasing, but so is the racial wealth gap - BrookingsAccording to the latest data from the Federal Reserve’s Survey of Consumer Finances, the nation’s racial wealth gap increased during the COVID-19 pandemic.
- 1. Wealth gaps within racial and ethnic groups - Pew Research CenterMore solvent Black households had a modest median net worth of $6,700 in 2021, but this was more than double their wealth in 2019. Wealthier and richer Black households had $79,700 and $414,200 in 2021, respectively, and both groups saw gains over the pandemic.
- U.S. Racial Wealth Gap Is Persistent And Growing, New Research FindsA traditional view of how the racial wealth gap has developed — and might be alleviated — centers on human capital. It posits that Black households have lower levels of educational attainment, which in turn generates lower earnings and lower savings that can lead to wealth.
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