Liquid Asset Poverty by Race 1992 to 2022

Liquid asset poverty means that a family doesn't have enough savings or money they can quickly use to cover basic needs for three months if they lose their income.


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Liquid Asset Poverty | Liquid Asset Values

80%
44%
76%
70%
47%
74%
71%
41%
72%
71%
40%
66%
72%
41%
70%
72%
45%
69%
78%
46%
73%
77%
44%
73%
74%
41%
72%
70%
41%
68%
68%
38%
67%
1992
1995
1998
2001
2004
2007
2010
2013
2016
2019
2022
Data downloaded from the Federal Reserve Board. Author's calculations. Median Checking and Savings Balances by Race
Chart: NCRCSource: Survey of Consumer FinancesGet the dataCreated with Datawrapper