Black families held 25 cents for every white dollar of wealth in 2022

Evidence

According to the Federal Reserve of St. Louis, for every dollar of wealth that white families possessed in 2022, black families held only twenty-five cents. What’s more, the fact that black Americans had to abandon homes they owned for fear of losing their lives provides context for the black-white homeownership gap. It also helps explain the dearth of black-owned businesses. — Dorothy A. Brown, Getting to Reparations, 434

Categorization

• SHARE: The precise 4-to-1 ratio from the St. Louis Fed is a citable stat — useful to someone arguing reparations as accounting.
• XREF: Direct data point to deploy in the core reparations accounting claim from this book.