In today’s USA, the net worth for white households averages out to something like $140,000, while for people of color it’s more like ⅒ of that. Net worth is heavily dependent on what your home is worth — if you own a home. This is the economic legacy of centuries of slavery and discrimination.
In today’s USA, the net worth for white households averages out to something like $140,000, while for people of color it’s more like ⅒ of that. Net worth is heavily dependent on what your home is worth — if you own a home. This is the economic legacy of centuries of slavery and discrimination.