Racial Wealth Gap Highest in Recorded History


by Anthony Sibley (AJ) on Sep 18, 2014 | Views: 197 | Score: 3
Number of Times Greater White Median Household Wealth Compared to... Black...Hispanic
1984128
199577
2004117
20091915
Median Wealth Ratio
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Sep 18, 2014 10:50 AM said:

The disparity in median wealth ratios of whites compared to blacks and hispanics is the highest since the Census Bureau began publishing SIPP-estimates by race. Much of this surge is the result of lost home equity with the implosion of the housing market, in which over half of black and hispanic median wealth vanished, compared to 16% of white's.

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