Wealth Inequality and the Racial Wealth Gap
Abstract: In the United States, the average Black and Hispanic or Latino households earn about half as much as the average White household and own only about 15 to 20 percent as much net wealth. As we see in Figure 1 below, this wealth gap has widened notably over the past few decades.
File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/wealth-inequality-and-the-racial-wealth-gap-20211022.htm
Part of Series: FEDS Notes
Publication Date: 2021-10-22