Race Matters – or Does It? – in Growth, Progress of Black Community
By: Jackie Jones
BlackAmericaWeb.com
On average, black people have one-eighth of the family wealth of their white counterparts. U.S. census data show that 30 percent of white adults had at least a bachelor’s degree in 2005, compared to 17 percent of black adults. The median income for white households was $50,622, compared to $30,939 for black households, and three-fourths of white households owned their homes in 2005, compared with 46 percent of black households.
See: BAW: The State of Black America, Part One: Race Matters – or Does It ...
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