The median net worth of white families in 2016 was about 10 times greater than that of black families, according to the latest Federal Reserve System data. Reparations advocates say the legacy of slavery and post-Civil War discrimination is a big factor in the discrepancy. Net worth denotes the difference between a family's assets, including its primary residence, and its debts.
Source: Lisa J. Dettling et al., “Recent Trends in Wealth-Holding by Race and Ethnicity: Evidence from the Survey of Consumer Finances,” Federal Reserve Board, Sept. 27, 2017, https://tinyurl.com/yxvfpzdj
Data for the graphic are as follows:
|Race/Ethnicity||Family Net Worth in Dollars|