PREE Policy Report Chartbook
The legacy of slavery, redlining, and discrimination limits Black families’ wealth compared with white families: Median family net worth by race and ethnicity, selected years from 1989 to 2019
| White | Black | |
|---|---|---|
| 1989 | $143,563 | $8,552 |
| 1992 | $124,603 | $17,698 |
| 1995 | $128,203 | $18,229 |
| 1998 | $150,957 | $24,378 |
| 2001 | $177,496 | $27,874 |
| 2004 | $191,111 | $27,656 |
| 2007 | $211,726 | $25,923 |
| 2010 | $152,878 | $18,734 |
| 2013 | $155,830 | $14,364 |
| 2016 | $181,871 | $18,240 |
| 2019 | $189,100 | $24,100 |
Note: Race and ethnicity are mutually exclusive (i.e., white non-Hispanic and Black non-Hispanic).
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.
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