America's Racial Wealth Gap: Asset Types Held by Race #infographic

America's Racial Wealth Gap: Asset Types Held by Race #infographic

For decades, people of color have faced racial injustice, and the latest wave of protests from Black Lives Matter has sparked debates on those inequalities.

Many races have lower income levels and net worth compared with White families. They 're also less likely to hold any type of assets. In fact, 19% of Black families have zero or negative net worth while only 9% of White households do not have money.

Today's chart utilizes U.S. info. Triennial Survey of Consumer Finance by the Federal Reserve to illustrate the difference in racial income, and the proportion of households holding various forms of assets by racial category.


America's Racial Wealth Gap: Asset Types Held by Race #infographic

infographic by: www.visualcapitalist.com

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