Download the Fact Sheet [PDF]
The growing racial wealth gap occurring in the United States is crippling communities of color, especially Latino families. This gap is a result of systemic and social barriers that keep people of color from achieving and enjoying economic success. This fact sheet highlights racial disparities in some fundamental economic areas.
- The median wealth of White households is 18 times that of Latino households.
- Latinos are almost three times less likely to have a bank account compared to the general population.
- Only 46.1 percent of Latinos own a home compared to 73.5 percent of Whites.