Hi there,

Democracy Now! doesn’t belong to any corporation, government or political party. Our daily news hour belongs to you, our listeners, viewers and readers. You’re the reason we exist. In these times of climate chaos, rising authoritarianism and war, Democracy Now! needs your help more than ever to hold the powerful to account and amplify the voices of the scholars, scientists, activists, artists and everyday people who are working to save democracy—and the planet.Right now a generous donor will DOUBLE all donations to our daily news hour. That means your gift of $10 is worth $20 to Democracy Now! Please do your part to keep our independent journalism going strong. Every dollar counts. Thank you so much, and stay safe.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.


Census: U.S. Racial Wealth Gap Widest in Quarter Century

HeadlineJul 26, 2011

A new analysis of U.S. Census data shows the wealth gaps between whites and people of color have grown to their widest levels in a quarter-century. White Americans now have on average 20 times the net worth of African Americans and 18 times that of Latinos. The Pew Research Center has found the median wealth of white U.S. households in 2009 was about $113,000 compared with just over $6,300 for Hispanics and just under $5,700 for blacks. The white-black wealth gap is the widest since the census began tracking such data in 1984. Roderick Harrison, former chief of racial statistics at the Census Bureau, said, “I am afraid that this pushes us back to what the Kerner Commission characterized as 'two societies, separate and unequal.'” Latinos have been hit particularly hard by the recession. The median wealth of Latino households fell by 66 percent between 2005 and 2009. During that same period the median household wealth of whites dipped 16 percent.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation