Household wealth varies substantially across demographic groups
Median net worth
SOURCES: Author's analysis of 2024 Survey of Income and Program Participation data.
NOTES: Dollar values from 2023 net worth adjusted to pertain to 2024. Differences between white and Asian groups are not statistically significant at the 95% confidence level, but both are higher than Latino and “Black and other” categories at that same level. Differences between Latino and Black/other categories are not statistically significant at the 95% confidence level. Race/ethnicity refers to the response of the household head; “Black and other” includes Native American, multiracial, and households not included in other categories.
