Tag: Wealth
-
“By 2024, median Black and Latino households are projected to own 60-80% less wealth than they did in 1983.”
The accelerating decline in wealth over the past 30 years has left many Black and Latino families unable to reach the middle class. Between 1983 and 2013, the wealth of median Black and Latino households decreased by 75% (from $6,800 to $1,700) and 50% (from $4,000 to $2,000), respectively, while median White household wealth rose…
David W. Swanson 