The average Black family holds one cent for every dollar of white family wealth

Evidence

According to research published in 2020 by scholars at Duke University and Northwestern University, the average Black family with children holds just one cent of wealth for every dollar held by the average white family with children. — Nikole Hannah-Jones et al., The 1619 Project, 1331

Categorization

  • XREF: Quantified wealth-gap datum useful for the reader’s earlier sources on racial economic disparity; connects to the Great Society passage at 1332 it foregrounds.