The National Urban League released its annual report on the State of Black America on Tuesday, and its findings are grim. This year’s Equality Index shows Black people still get only 73.9% of the American pie white people enjoy.
on Tuesday, and its findings are grim. This year’s Equality Index shows Black people still get only 73.9% of the American pie white people enjoy.
The index shows not only that the median household income for Black people, at $43,862, is 37% less than that of white people, at $69,823. Black people also are less likely to benefit from home ownership, the engine of generational wealth in America. Census data shows Black couples are more than twice as likely as their white counterparts to be denied a mortgage or a home improvement loan, which leads to just 59% of the median home equity white households have, and just 13% of their wealth.
Overdoses afflict the races about equally, while white people are 55% more likely to drink themselves to death through cirrhosis or chronic liver disease. Among people 15-24, white people are more than twice as likely to kill themselves, while Black men are nine times more likely to die by homicide.
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