Race and Class The Current Reality. Parity Estimates By using basic statistical techniques, it is possible to predict the approximate date that parity.

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Presentation transcript:

Race and Class The Current Reality

Parity Estimates By using basic statistical techniques, it is possible to predict the approximate date that parity will be reached if present trends continue Median Per-Capita Income: 2067 Median Net Worth: the gap is expanding Median Household Income: parity will not be reached if present trends continue Poverty Rates: 2017

Unemployment Rate Total: 4.6% White: 4.2% Black: 7.7% Asian: 3.4 % Latino/a: 5.4% Unemployment Rate, August 2007, for the Civilian Noninstitutionalized Population Aged 16 Years and Older

Percent of Population in Poverty WhiteBlackLatinoAPANative (from 1976) 23.5 (from 1987) n/a

Poverty Over Time Source:

Poverty and Childhood

Indicators for Immigrants

Median Household Income, 2005

Median Per Capita Income, 2006 All Americans: $25,267 Whites: $29,406 Blacks: $16,556 Asian/Pacific Islander: $27,844 Latino/a: $14,736 Native American: $15,736 Why don’t per capita and household income line up?

Gender and Wages

Changes in Household Income

Income Categories by Race (1980s)

Income Disparity Percentage of Income Earned by Quintile in the Income Distribution

Wealth Median Net Worth (2000) - Home Equity (2000) White$79,400$22,566 Black$7,500$1,166 Latino/a$9,750$1,850

Wealth and Lineage (1980s)

Wealth and Education (1980s)

Home Ownership

Asset Ownership

Net Worth Categories by Race, 1980s WhiteBlack

Net Financial Assets, 1980s WhiteBlack

How Long will Wealth Last?

Wealth Disparity

Wealth Inequality

Simulating the Wealth Distribution