Average Family Wealth, by Race and Ethnicity, 1963-2022

2022 dollars. Until 1983, the surveys categorized all people of color as “nonwhite.” The Survey of Consumer Finances began disaggregating data for Black and Hispanic families starting in 1983 and for Asian families starting in 2022. We used inflation adjustment factors from Changes in U.S. Family Finances from 2019 to 2022: Evidence from the Survey of Consumer Finances. No comparable data are available between 1963 and 1983.
Chart: Bell Policy CenterSource: Urban Institute calculations from the Survey of Financial Characteristics of Consumers 1962, the Survey of Changes in Family Finances 1963, and the Survey of Consumer Finances 1983–2022.Get the dataCreated with Datawrapper