Black families held about 1.9 percent of American wealth, with US$18.3 billion in assets compared to white families' $941.9 billion.
Type of asset | White | Black | Black share of total |
|---|---|---|---|
| Equity in home | $358.1 b358.1 | $12.8 b12.8 | 3.5%3.5 |
| Government bonds | $25.5 b25.5 | $0.3 b0.3 | 1.2%1.2 |
| Farm equity | $152.3 b152.3 | $1.9 b1.9 | 1.2%1.2 |
| Business equity | $104.6 b104.6 | $1.3 b1.3 | 1.2%1.2 |
| Money in bank | $157.8 b157.8 | $1.8 b1.8 | 1.1%1.1 |
| Value of stocks | $143.6 b143.6 | $0.2 b0.2 | 0.1%0.1 |
