Blacks Still Far Behind Whites in Wealth and Income

Blacks in the United States continue to lag far behind whites in key areas of economic well-being like wealth, income and homeownership, a new report from the Pew Research Center finds. While these trends have been consistent for decades, what’s particularly notable is that these disparities between blacks and whites persist regardless of the level of education they attain, said Juliana Horowitz, an associate director of research at Pew. “Even when we only look at people with bachelor’s degrees, we still see these gaps,” Horowitz said. Take income. In 2014, the median household income for whites was $71,300 compared to $43,300 for blacks. But for college-educated whites, the median household income was $106,600, significantly higher than the $82,300 for households headed by college-educated blacks.

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