This post first appeared at Mother Jones.
We’re still posting a new chart on the current state of income inequality every day over the next week. Yesterday’s looked at how top tax rates dropped as top incomes rose.
Today, a closer look at how income inequality splits along racial lines. Whites’ average household income is 56 percent larger than that of African-Americans and 39 percent larger than that of Hispanics. But the discrepancy is even greater when it comes to wealth: The median white family holds nearly 20 times more assets than he median black family and 74 times more assets than the median Hispanic family.
(Illustrations and infographic design: Mattias Mackler)
Source: Income by race: US Census; wealth by race: Edward N. Wolff
