Photo by Arturo Holmes/Getty Images for ESSENCE By Mizani Ball ·Updated July 16, 2024
In a recent study conducted by the United States Census Bureau, the disproportionate racial wealth gap in America was starkly highlighted.The 2022 median income for white households averaged $285,000, for Asian households, $536,000, while for Black households, it was a mere $44,890. This glaring disparity can be attributed to systemic discrimination, racismand policies aimed at disenfranchising Black