As we honor Black History Month and the countless civil rights champions who fought and continue to fight for the rights of all Americans, we recognize the work that remains to combat a growing racial wealth divide. 

Net worth is the best depiction of wealth, and it starkly highlights the racial wealth divide. While White households have a median family net worth of $147,000, Black households have a median family net worth of a mere $3,600; in other words, the median White family has 41 times more wealth than the median Black family. 

Much of this can be attributed to disparities in homeownership, as housing is known to make up two-thirds of a typical household’s wealth. Access to quality jobs and residing in asset rich neighborhoods are also key to boosting the financial security of African American households.

At the 2020 Just Economy Conference, leaders will examine the growing racial wealth divide and the solutions we need to reverse it. 
 

The Just Economy Conference is the leading national conference for economic and social justice. It's April 27 - 29, 2020, in Washington, D.C.

We expect the conference to sell out, and we want you there.

Register now & we’ll see you in April.

Team NCRC