Racial Wealth Gap Infographic (2019)
Only half of Americans realize that there is a wide gap in financial well-being between White households and households of color. However, even among those who do recognize racial economic inequality, there is a widespread misconception that the problem is only based on a difference in income. The problem is much deeper than that: when we consider wealth—which is the financial capital families need to expand their economic opportunity and agency—the disparity facing households of color grows even larger.
This infographic, published by the Asset Building Policy Network (ABPN), explores the racial wealth gap through several perspectives, as well as elevates several economic issues facing Households of Color that are driving this gap to new heights.