Wealth Gap Between White and Black Households Nearly Triples from 1984 to 2009

Median Net Worth by Race, 1984-2009                                                                    1984                                    2009  White households                                     $90,851                             $265,000 Black households                                      $5,781                            $28,500 Difference by race                                     $85,070                             $236,500  Source: Shapiro, T., Meschede, T., & S. Osoro. (2013). The roots of the widening racial wealth gap: Explaining the black-white economic divide. Institute on Assets and Social Policy. http://iasp.brandeis.edu/pdfs/Author/shapiro-thomas-m/racialwealthgapbr…