A Profile of the Liquid Asset Poor

U.S. Population:                 44% of all households
Employment:                     88% are employed
Earnings:                           83% earn less than $55K a year
Education:                         49% have at least some college education
Family Composition:          42% are unmarried women
Race:                                 58% are white*

*62.6% of total households of color in the United States are considered liquid asset poor.

Source: Brooks, J. and Wiedrich, K. (2013). Living on the Edge: Financial Insecurity and Policies to Rebuild Prosperity in America. Washington, D.C.: CFED. Retrieved from: http://assetsandopportunity.org/scorecard/about/main_findings.