The average white family holds about six times as much wealth as the average Black family. Wealth disparities for young Americans are even more stark, with young white Americans holding 16 times the wealth of young Black Americans before they turn age 25.
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- United States of America
Table of Contents
- The . Wealth disparities for young Americans are even more stark with 1
- Below are four key ndings and resources from Urban Institute researchers that demonstrate how targeted policy interventions could help Black Americans establish maintain and grow their wealth. 1
- 1. Worker-Centered Policies Can Build Black Wealth and Support Black Workers Who Earn Less 1
- Today the Raising the federal minimum wage to 15 an hour would close gaps in effective minimum wages across states and regions and would benet millions of workers including nearly 1
- TOPICS STORIES DATA TOOLS BLOGS 1
- EVENTS 1
- MENU 1
- Less than half of Black workers report having access to paid leave. Legislation such as the 2021 FAMILY Act would according to Urbans modeling. 2
- Labor Market Policies for Racial Equity Black Women and Vulnerable Work 2
- 2. Reducing Inequitable Tax Penalties for Black Married Couples Could Increase Wealth 2
- Racial Disparities in the Income Tax Treatment of Marriage 2
- 3. Scaling Baby Bonds Could Reduce Black-White Racial Wealth Gaps 2
- Baby Bonds Would Reduce Racial Wealth Inequities. Heres What Policymakers Need to Know 3
- 4. Reparations Can Address Accumulated Losses and Historical Barriers to Building Wealth 3
- How Social Science Research Can Inform a National Reparations Research Agenda 3
- For more on Urbans research on Black wealth building and economic opportunity visit our page on curated by the Black Economic Alliance Foundation which also includes related 3
- ABOUT HOW WE WORK RESEARCHER PRINCIPLES 4
- CAREERS SUPPORT US NEWSLETTERS SEARCH 4
- POLICY CENTERS 4
