10.27.2010 Policy Points

Racial Wealth Disparities In North Carolina

A recent study commissioned by the Z. Smith Reynolds Foundation considers differences in wealth between North Carolina’s white and African-American households.

The report found that North Carolina households belonging to both racial groups possess less wealth than do their national counterparts. Nevertheless, the median household wealth of the state’s white households is over seven times that of black households ($71,900 vs. $9,500).

The table below shows wealth data by racial group and income category for the state and nation.

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