The Racial Wealth Divide in Chicago

The Racial Wealth Divide in Chicago - Prosperity Now

The Racial Wealth Divide Initiative at CFED developed this profile to better understand how racial economic inequality affects Chicago.

New Study Examining Chicago's Economic and Racial Disparities ...

According to the study, Black households have a median net wealth of zero dollars compared to $210000 for White families, and Black families ...

The Wealth Gap: Facts - The Chicago Community Trust

Household wealth in Cook County's wealthiest communities, which are largely white, is more than 200 times greater than household wealth in the poorest ...

The Color Of Wealth In Chicago: Study Reveals Wide Gap In Black ...

The median white family in the Chicago area has assets worth about $300000 more than the median Black family — and the city's history of ...

Chicago's Racial Wealth Gap Created by Discriminatory Policies

A study found that Chicago's white families have the highest median net wealth ($210000), while typical Black families report no wealth and ...

Building Wealth and Well-Being for All Chicagoans

The wealth gap between white, Black, and Latine households in metropolitan Chicago has been on the rise for generations. Explore facts about the wealth gap.

Racial Wealth Gap in Chicago | Research briefs | Features | PND

Racial Wealth Gap in Chicago. Nearly two-thirds (65 percent) of households of color in Chicago are "liquid asset poor" — meaning they lack enough savings to ...

Harris Poll: Wealth gap exposes Chicagoans' split realities

Chicagoans feel it: Roughly one-third of Cook County residents think economic (36%) and racial (28%) inequality is worse in the Chicago area ...

Chicago's racial wealth gap examined in new UIC report

The report demonstrates how a lack of intergenerational wealth in middle-class Black and Latino families to weather financial bumps in their ...

In Chicago, Neighborhoods Have Stark Differences in Economic ...

We estimate a typical household's wealth in the richest area of Chicago and Cook County is 206 times higher than a typical household's wealth in ...

Racial Wealth Gap Comes Under Microscope at Chicago Fed Event

“While the multiplier for the Black/White wealth gap decreased from 9.9 in 2016 to 7.8 in 2019 to 6.3 in 2022, the gap in dollar terms increased from $153,850 ...

New study shows Cook County residents wealth disparity, and the ...

On the North Side of Chicago, where two thirds of the population is white, half of the population is financially healthy. On the far Southeast ...

New Financial Health Data Shows Vast Disparities Across Race and ...

New Financial Health Data Shows Vast Disparities Across Race and Ethnicity in Chicago ... Black Cook County residents are almost twice as likely ...

The Plunder of Black Wealth in Chicago:

And stimulate a fresh narrative in the public discussion of racial inequality to educate. Chicagoans about the ruinous monetary impact of redlining and contract ...

The Color of Wealth in Chicago

Our analysis shows that the median net worth in Chicago is $122,800. However, this number masks severe wealth inequality across racial and ethnic groups. White ...

State and Local Approaches to the Chicago Region's Racial and ...

... wealth gap in the Chicago ... ethnic disparities Racial segregation Wealth inequality Inequality and mobility Racial wealth gap Structural racism.

Redlining's impact on Chicago's wealth gap still being felt

From 1950 to 1970, speculators extracted $3.2 billion to $4 billion of wealth from Chicago's Black homeowners, according to Duke's analysis of ...

Racial Inequality in Chicago: Income and Education

The average Black household income is only 63% of average white household income.2. Economic inequalities are produced by and contribute to racial segregation, ...

Chicago's racial wealth gap far worse than U.S. average, report finds

Chicago's white households on average far exceed African-Americans, Latinos and Asians in income, according to a new report.

State of Racial Justice Reports

Chicago's largest racial and ethnic groups—blacks, Latinxs, and whites—each make up roughly one-third of the city's population. As this report reveals, these ...