Black American income distribution chart

[Asicz]

 

[Serious]

and the solution is too.....

 

[ogc163]

I would be interested in a breakdown of the numbers that includes factors such as:

• Geography
• Income broken down by age bracket
• Debt to income ratio

80k household income in middle tier cities like Philly, Charlotte, and Houston provides a different lifestyle than in tier one cities like NYC, SF, and LA.

 

[Secure Da Bag]

and the solution is too.....

Invest, group economics (ex: shop/bank black), become financially literate. The things that not enough of us do.

 

[ViShawn]

5%

 

[CBalla]

Invest, group economics (ex: shop/bank black), become financially literate. The things that not enough of us do.

being financially literate alone would do so much

 

[ThatTruth777]

its like some of yall just refuse to open your fukking ears and listen to a video or two of them speaking so you can understand what their solution is

 

[Yagirlcheatinonus]

10% Money not everything

 

[Skooby]

I would be interested in a breakdown of the numbers that includes factors such as:

• Geography
• Income broken down by age bracket
• Debt to income ratio

80k household income in middle tier cities like Philly, Charlotte, and Houston provides a different lifestyle than in tier one cities like NYC, SF, and LA.

Cost of living is a huge factor. Living in the DC area, a 100k doesn't go as far. My fam in the Midwest and the South don't seem to understand that.

10% Money not everything

10% of what?

 

[Take It In Blood]

and the solution is too.....

i'd assume the first step would be to not ignore the facts

Only after that can the brainstorming for solutions begin



I remember folks getting upset and offended at politicians for saying black people were poor during the 2016 debates and I'm like


Brehs are really in deniable

 

[Yagirlcheatinonus]

Cost of living is a huge factor. Living in the DC area, a 100k doesn't go as far. My fam in the

10% of what?
Midwest and the South don't seem to understand that.

My income falls in the 10% range on the chart. Money isn't everything.

 

[iceberg_is_on_fire]

5%

Where I'm at financially and I'm sighing at this. depressing shyt actually.

 

[Captain Crunch]

What Percent Are You?
Net Worth Calculator: Find Your Net Worth - NerdWallet

Don’t forget to calculate your net worth too, keep in mind $450k according to the link below puts you in the 78%, so the 6 figure 6 cert brehs don’t really got it like that.

Net Worth Percentile Calculator – United States (and Average)

 

[Captain Crunch]

Invest, group economics (ex: shop/bank black), become financially literate. The things that not enough of us do.

Not to disparage you, but this study below puts to bed those suggestions.
What We Get Wrong About Closing the Racial Wealth Gap – The Samuel DuBois Cook Center on Social Equity

Not saying you can’t do those things(hell I bank black and I’m financially literate), but doing those alone won’t work to close the lineage wealth gap.

 

[Secure Da Bag]

Not to disparage you, but this study below puts to bed those suggestions.
What We Get Wrong About Closing the Racial Wealth Gap – The Samuel DuBois Cook Center on Social Equity

Not saying you can’t do those things(hell I bank black and I’m financially literate), but doing those alone won’t work to close the lineage wealth gap.

Data is data. Why would that be disparaging?