Black and Hispanic households are more likely to have the lowest annual incomes—under $25,000 per year in 2020: Share of households within given income range by race and ethnicity, 2020
Under $25,000 | $25,000–$49,999 | $50,000–$99,999 | $100,000–$149,999 | $150,000–$199,999 | $200,000 and over | |
---|---|---|---|---|---|---|
White | 15.6% | 18.4% | 28.8% | 16.6% | 9.0% | 11.7% |
Black | 29.7% | 23.6% | 27.0% | 10.7% | 4.1% | 4.8% |
Hispanic | 20.4% | 25.0% | 30.7% | 13.3% | 5.5% | 5.1% |
Asian | 13.7% | 13.3% | 24.8% | 16.1% | 12.2% | 19.9% |
Note: All race categories are single race and do not distinguish Hispanic ethnicity from non-Hispanic ethnicity, except for white, which is exclusive of Hispanic ethnicity (i.e., non-Hispanic white alone, Black alone, and Asian alone). Hispanic can be of any race.
Source: Economic Policy Institute analysis of U.S. Census Bureau Current Population Survey, Income and Poverty in the United States 2020 data, Table A-2.
Source: Economic Policy Institute analysis of U.S. Census Bureau, Current Population Survey–Annual Social and Economic Supplements 1968 to 2021. “Table A-2. Households by Total Money Income, Race, and Hispanic Origin of Householder: 1967 to 2020” (Excel table) from Income and Poverty in the United States: 2020, September 2021.