Whites Household Wealth is 20 Times As Much As Blacks in America

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According to CNN Money, the median household wealth of blacks was a mere $5,677 in 2009, just 5 percent of the $113,149 median wealth of whites, according to the Pew Research Center.

Pew Research Center found that in 2010, black families made up 38.8 percent of the shelter populations, but only 12.3 percent of the population overall.

That means 1 in every 141 black families stayed in a homeless shelter in 2010.

White families, on the other hand, occupied 28.6 percent of shelter beds, while they account for 63.7 percent of all American families in 2010. Only 1 in 990 white families stayed in a shelter that year.

Black families are also more likely to be in poverty than their white counterparts. In 2010, nearly one-quarter of black families were poor, compared to 7.1 percent of white families.

Source

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