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There has been much data lately that indicates the income gap is growing between blacks and whites. And this trend has far-reaching ramifications, one being online banking access.

According to a new GoBankingRates.com investigation of online banking, there is a $27,000 income gap between black and white U.S. households which might impact who banks online.

The study looked at current and historical data on online banking habits across several demographic groups and found that blacks are statistically slower to adopt online banking than whites. And some experts suggest might be tied to a increasing median household income gap between blacks and whites, according to a press release.

“The media often talks about economic disparities in America; when we looked at digital trends in banking, we saw a clear racial divide when it came to access to modern banking technology,” said GoBankingRates.com editor Jennifer Calonia.

The report discovered various relationships between ethnicity, income and online banking use. There are 61 percent of U.S. internet users bank online, but black, non-Hispanic individuals show a statistically significant different in online banking usage at 48 percent, according to the data. And while black median household income has increased from approximately $24,000 in 1967 to $40,000 in 2011, black households are still only making 59 percent of what white households make. The result is a widening of the black-white income gap to more than $27,000 today.

“I am not as concerned as to whether various ethnic groups use banking services online or in-person, but rather … [that] we close the economic divide that leaves groups disproportionately with such low wealth that they fall out of the banking system,” Dedrick Muhammad, senior director of the NAACP’s economic department, said.

GoBankingRates.com examined data from two PEW Research Center’s reports: “51% of U.S. Adults Bank Online,” and “King’s Dream Remains an Elusive Goal” and its proprietary database.

Do you use online banking services?

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