In 2016, the average wealth of white households $ was seven times the average wealth of black households $ and five times that of Hispanic households $ Even among households at the middle of the income distribution, the average wealth in 2016 of white  15  The 2018 SHED is the data source. Tabulations include only middle-income adults.
- 10 households $ was roughly one and a half times that of black households $ and nearly three times that of Hispanic households $ 16 Differences in educational attainment cannot fully account for these disparities: The average wealth of black households in which the head had a bachelor’s degree $ was 26 percent less than that of white households in which the head did not attend college $ 17 This matters not least because disparities in wealth often are inherited.