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 2019
White | Black | Hispanic | |
---|---|---|---|
1989 | $ 143,563 | $ 8,552 | $ 9,945 |
1992 | $ 124,603 | $ 17,698 | $ 12,139 |
1995 | $ 128,203 | $ 18,229 | $ 20,866 |
1998 | $ 150,957 | $ 24,378 | $ 15,461 |
2001 | $ 177,496 | $ 27,874 | $ 16,898 |
2004 | $ 191,111 | $ 27,656 | $ 20,796 |
2007 | $ 211,726 | $ 25,923 | $ 26,046 |
2010 | $ 152,878 | $ 18,734 | $ 19,500 |
2013 | $ 155,830 | $ 14,364 | $ 15,155 |
2016 | $ 181,871 | $ 18,240 | $ 22,037 |
2019 | $ 189,100 | $ 24,100 | $ 36,050 |
Notes: Race and ethnicity categories are mutually exclusive (i.e., white non-Hispanic, Black non-Hispanic, and Hispanic any race).
Source: Economic Policy Institute analysis of Survey of Consumer Finances data from the Federal Reserve Board.
Source: Economic Policy Institute analysis of Federal Reserve Board, “Net Worth by Race or Ethnicity” (online table) from the Survey of Consumer Finances, 1989–2019; Last updated November 4, 2021.