What race has the lowest income?
However, because of the differences in family structure across groups, black families have the lowest median income ($12,500) while Hispanic families have the highest ($18,700). For all groups, earnings increase with educational attainment.
The majority of Black households (55%) were in the lower wealth tier in 2021 – that is, they had less than $41,700 in wealth. A somewhat greater share of Hispanic households (52%) were in the middle or upper wealth tier, and 48% were in the lower wealth tier.
Poverty and race/ethnicity
The US Census declared that in 2014, 14.8% of the general population lived in poverty: As of 2010 about half of those living in poverty are non-Hispanic white (19.6 million). Non-Hispanic white children comprised 57% of all poor rural children.
U.S. Poverty Statistics – Race
While the poverty rate for the population is 11.5%, the rate varies greatly by race. Blacks have the highest poverty rate at 17.1%, and non-Hispanic whites and Asians have the lowest at 8.6%.
According to the U.S. Census Bureau, the national poverty rate was 12.4% in 2022, up from 11.2% in 2021. These states have the highest percentages of poverty in the country: Mississippi, Louisiana, West Virginia, New Mexico, Arkansas, Kentucky, Alabama, Oklahoma, Texas, and New York.
Black people and Native Americans have the highest unemployment rates among all racial and ethnic groups identified by the census. Asian Americans and white people have the lowest unemployment rates.
Share of U.S. families who are millionaires 2016, by ethnicity. In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S. dollars or more. This compares to only 1.9 percent of Black families.
U.S. poverty rate of white, non-Hispanic families 1990-2022
In 2022, 6.1 percent of white, non-Hispanic families in the United States were living below the poverty level.
| Race or Ethnicity | Number of Workers | Earnings per Dollar |
|---|---|---|
| White | 7,240,981 | $1.00 |
| Black | 952,214 | $0.72 |
| Native American/American Indian | 95,855 | $0.70 |
| Asian-Pacific Islander | 3,063,127 | $1.01 |
The percentages of children living in poverty were highest for Black and American Indian/Alaska Native children (34 percent each), followed by Hispanic children (28 percent), Pacific Islander children (23 percent), and children of Two or more races (19 percent), and were lowest for White and Asian children (11 percent ...
What race holds the most wealth in America?
Total household wealth grew in 2022, but white households still hold the vast majority. Since 2010, the wealth disparity between Black and white families has persistently expanded.
WELFARE PARTICIPATION RATES BY RACE AND ETHNIC GROUP
American Indians and Alaska Natives have the highest rates of participation in all programs except housing assistance, and non-Hispanic Blacks have the second highest.
According to 2018 US Census Data, the highest poverty rate by race is found among Native Americans (25.4%), with Blacks (20.8%) having the second highest poverty rate, and Hispanics (of any race) having the third highest poverty rate (17.6%). Whites had a poverty rate of 10.1%, while Asians had a poverty rate at 10.1%.
Asian Americans, with a population of around 1.8 crore, are the highest-earning ethnic group in the USA. The median household income for Asian-Americans stands at $87,243.
The world population can be divided into 4 major races, namely white/Caucasian, Mongoloid/Asian, Negroid/Black, and Australoid. This is based on a racial classification made by Carleton S. Coon in 1962.
Educational attainment plays a large role in determining labor market outcomes. This is a major contributing factor behind the lower unemployment rate of Asians in the United States.
In 2023, South Africa had the highest unemployment rate in the world, at 28.4 percent. Of the 10 countries with the highest unemployment rates, nine were in Sub-Saharan Africa.
Born in Nigeria, Aliko Dangote is the richest Black person in the world. 5 Overall, he is ranked as the #143 richest person in the world.
| Rank | Metro | % of Black households that make $100,000 or more a year |
|---|---|---|
| 1 | San Jose, CA | 42.9% |
| 2 | Oxnard, CA | 42.4% |
| 3 | Washington, DC | 40.5% |
| 4 | San Francisco, CA | 33.7% |
Who is the richest black person in the US?
The wealthiest African American, Robert Smith, has an estimated net worth of $5 billion in 2021, almost twice that of Oprah Winfrey and Jay Z, who are the wealthiest Black entertainers.
| Population | |
|---|---|
| White alone, percent | 75.5% |
| Black or African American alone, percent(a) | 13.6% |
| American Indian and Alaska Native alone, percent(a) | 1.3% |
| Asian alone, percent(a) | 6.3% |
- Somalia.
- South Sudan.
- Sudan.
- Tanzania.
- The Gambia.
- Togo.
- Uganda.
- Zambia.
When data researchers use the term, it has a specific definition. Out of the top 10 most populous cities across the United States, Philadelphia has the highest poverty rate.
| State | Annual Salary | Monthly Pay |
|---|---|---|
| California | $114,920 | $9,576 |
| New Jersey | $114,760 | $9,563 |
| Pennsylvania | $114,431 | $9,535 |
| Nebraska | $114,355 | $9,529 |
