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pew research center

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Wealth Gap Between Whites and Latinos-Blacks Hit Record Highs

 

 

Wealth Gap Between Whites and Latinos-Blacks Hit Record Highs

The wealth gap between whites and each of the nation’s two largest minorities—Hispanics and blacks—has widened to unprecedented levels amid the housing crisis and the recession, according to new research.

The median net worth of white households is 20 times greater than that of black households and 18 times greater than that of Hispanic households, according to an analysis of newly available 2009 government data by the Pew Research Center, an independent think tank.

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