8 Important Statistics that Black America Needs To Recognize Now

February 9, 2011  |  

Wealth


According to a recent study conducted by the Institute on Assets and Social Policy (IASP) at Brandeis University, “The wealth disparity between white and black households has more than quadrupled, regardless of income bracket.”  Predicated on economic data from 1984 to 2007, the IASP study indicated that the average white family in the sample group held around $95,000 more in assets than the average black family.  Additionally, the study found that middle-income white families have more assets (stocks, bonds, business interests, real estate other than primary residence) than do high-income black families.

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