In 2011, the typical white household had a net worth of $91,405, compared with $6,446 for black households, $7,843 for Hispanic households and $91,203 for Asian households. The figures for net worth—also known as wealth—are based on assets minus liabilities in Census Bureau data from the Survey of Income and Program Participation.
The gap between black and white wealth has grown somewhat since 1984, the first year for which data became available. In 1984, black households had a median net worth equal to 9% that of white households, compared with 7% in 2011. The gap narrowed somewhat in the 1990s: In 1995, black net worth was 14% of white net worth.