By median income, Asian households earned almost twice as much as Black families in 2023, with a $34,400 gap between the two groups. The income gaps continue to persist, increasing $11,100 over the five years.
This line chart shows the median household incomes of four races (White, Black, Asian, and Hispanic) from 2019 to 2023. It shows an extending income gap between the race with the highest income, which is Asians, and the black people who own the lowest household income.