Net worth

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Household Net Worth in US – A drop of 58 percent for Latinos, 48 percent for Asians, 45 percent for African Americans and 21 percent for whites

Despite overwhelming evidence that the racial wealth gap persists in the U.S., it remains a taboo topic in mainstream policy circles and most officials studiously avoid offering targeted solutions to help close this gap. However, this issue is ignored at our nation’s peril given the anticipated growth of racial and ethnic groups over the next … Continue reading

The Rising Age Gap in Economic Well-Being | Pew Social & Demographic Trends

Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century, according to a new Pew Research Center analysis of a wide array of government data. In 2009, households headed by adults ages 65 and older possessed 42% more … Continue reading

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