“Net wealth is the total assets one has minus total debt.  This includes savings from income, home and land equity, 401k investments, stocks or bonds, and equity from businesses.  The median net worth of white households is $141,900 and of black households is $11,000 in the United States.  The average net worth of white households is $656,000 and of black households is $85,000.  (Averages are skewed by the enormously wealthy households.)” Source: Pew Research, quoted in  Bread for the World Institute’s Racial Wealth Gap Learning Simulation.  

For self-reflection:  do I know why there is such a radical difference in wealth between white and black households?  How does such a wealth gap make a dramatic difference in what the next generation will inherit?  Interested in joining the MMOC’s Peace and Justice Ministry?  Call or text Saralou Hendrickson 314-440-2020