Black and Hispanic individuals are less likely to enjoy financial comfort and security: Share of adults who report "doing okay" or "living comfortably" by race and ethnicity
| White | Black | Hispanic | |
|---|---|---|---|
| 2019 | 79.4% | 65.5% | 66.4% |
| 2021 | 81.4% | 67.5% | 70.9% |
| 2024 | 77.0% | 64.9% | 63.2% |
Note: Race and ethnicity are mutually exclusive (i.e., white non-Hispanic, Black non-Hispanic, Hispanic any race).
Source: Author’s analysis of Board of Governors of the Federal Reserve System, Survey of Household Economics and Decisionmaking (Washington: Board of Governors, 2020, 2022, and 2025).