Anti-racist handbook
Racial wealth disparities are stark and persistent, reflecting a history of exploitation and exclusion: Median family net worth by race and ethnicity, selected years from 1989 to 2022
| Year | White | Black | Hispanic | Asian |
|---|---|---|---|---|
| 1989 | $166,417 | $9,914 | $11,528 | |
| 1992 | $144,416 | $20,513 | $14,069 | |
| 1995 | $148,641 | $21,135 | $24,193 | |
| 1998 | $175,004 | $28,262 | $17,923 | |
| 2001 | $205,742 | $32,309 | $19,587 | |
| 2004 | $221,503 | $32,054 | $24,103 | |
| 2007 | $245,445 | $30,051 | $30,194 | |
| 2010 | $177,212 | $21,716 | $22,604 | |
| 2013 | $180,615 | $16,649 | $17,565 | |
| 2016 | $210,906 | $21,152 | $25,555 | |
| 2019 | $219,206 | $27,937 | $41,789 | |
| 2022 | $284,310 | $44,100 | $62,120 | $536,020 |
Notes: Race and ethnicity categories are mutually exclusive (i.e., white non-Hispanic, Black non-Hispanic, Asian non-Hispanic and Hispanic any race).
Source: Economic Policy Institute analysis of Survey of Consumer Finances data from the Federal Reserve Board.
Sources: Economic Policy Institute compilation of Federal Reserve Board, “Net Worth by Race or Ethnicity” (online table) from the Survey of Consumer Finances, 1989–2022; Last updated November 2, 2023, and “Figure 1. White and Asian Families Had the Most Wealth”, “Greater Wealth, Greater Uncertainty: Changes in Racial Inequality in the Survey of Consumer Finances, Accessible Data”, Last updated October 23, 2023.
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