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The average wealth gap between white families and Black and Hispanic ones reached a new high in 2022, according to a new report by the Urban Institute.
In 2022, the median wealth for Black households was approximately $44,890 ... The homeownership rate gap between Black and white Americans was the same in 2020 as it was in 1970 — two years ...
For every $100 the average white family had in wealth, the average Black family had $15.75, per 2022 Federal Reserve data. Is racial wealth gap 'smallest it's been in 20 years,' as President Joe ...
The net worth of the typical Black and Hispanic household in 2022 was $44,900 ... these gains are tempered by the fact that the wealth gap widened by about $50,000 when comparing the net worth of ...
The wealth gap shows no signs of significantly closing as long as it’s harder for Black people to own a […] The post Black families have more wealth. They’re still poor. appeared first on ...
The racial wealth gap could be reduced by 10% over three generations if Black households wrote wills at the same rate as white ones, according to a recent study.
Story at a glance Most U.S. families got wealthier during the COVID-19 pandemic, according to a new Pew Research Center study released Monday. But wealth gaps existed and persist among different ...
But they are united by racial wealth gaps that formed at a similar time for related reasons. Black Britons of the “Windrush generation,” arriving in Britain from the Caribbean between 1948 and ...