Jan 9, 2024 · Between 2019 and 2022, median wealth increased by $51,800, but the racial wealth gap increased by $49,950—adding up to a total difference of $240,120 in wealth between the …

Dec 4, 2023 · In percentage terms, Black (77%), Hispanic (42%), Asian (43%) and White (23%) households all experienced strong gains in median wealth from 2019 to 2021. What factors …

The objective of the Black Wealth Data Center is to help practitioners and policymakers address racial wealth disparities by making relevant data available so they can develop and implement …

Jun 10, 2024 · From 2019 to 2022, the most recent years in which the Federal Reserve’s Survey of Consumer Finances collected household wealth data, the mean gap in net worth between …

Apr 23, 2024 · Those with a Black householder made up 13.6% of all U.S. households but held only 4.7% of all wealth. And their median wealth ($24,520) was about one-tenth the median …

Jun 14, 2022 · Slavery robbed the vast majority of Black Americans of the ability amass wealth and pass it on to their children. They themselves were a form of wealth — other people's …

Jul 6, 2020 · In recent work with several co-authors, I examine wealth differences between Black and white households and present results that control for household income, and the head of …

By breaking down industry barriers, eradicating financial advice “deserts,” and weathering the current backlash against DEI programs, the financial-services industry can help make this …

Jun 3, 2021 · Over the past decades, many scholars have examined the Black-white gap in household wealth. But it was in 1995 that sociologists Thomas Shapiro and Melvin Oliver put …

Sep 15, 2022 · Using data from the Survey of Consumer Finances (SCF), researchers at the Federal Reserve Bank of St. Louis find that the median white family had $184,000 in wealth in …