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Discussion Paper

Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances


Abstract: New data from the 2019 Survey of Consumer Finances (SCF) show that long-standing and substantial wealth disparities between families in different racial and ethnic groups were little changed since the last survey in 2016; the typical White family has eight times the wealth of the typical Black family and five times the wealth of the typical Hispanic family.

https://doi.org/10.17016/2380-7172.2797

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File(s): File format is text/html https://www.federalreserve.gov//econres/notes/feds-notes/disparities-in-wealth-by-race-and-ethnicity-in-the-2019-survey-of-consumer-finances-20200928.htm

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2020-09-28

Number: 2020-09-28-2