White families in 2016 had nearly 10 times the median wealth of African American families — a wider divide than in 1983, when whites had about eight times the black median wealth, according to the Urban Institute. In 2016, the median financial assets of a white family totaled $171,000, versus $17,409 for a black family. In 1983, adjusted for inflation, white families had $105,369 in assets and black families had $13,324.

Source: Serena Lei, “Nine Charts about Inequality in America (Updated),” Chart 3, Urban Institute, Oct. 5, 2017, https://tinyurl.com/hsrvse4

Data for the graphic are as follows:

Year White Median Family Wealth Black Median Family Wealth
1983 $105,369 $13,324
1989 $134,678 $8,023
1992 $116,892 $16,603
1995 $120,269 $17,101
1998 $141,614 $22,870
2001 $166,511 $26,149
2004 $179,283 $25,944
2007 $198,623 $24,318
2010 $143,416 $17,575
2013 $146,314 $13,487
2016 $171,000 $17,409

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