The Silent Housing Crisis | Page 28

• • • • • • • • • • • • • Chart H Chart H Racial, Ethnic Wealth Gaps Have Grown Since Great Recession Median Net Worth of Households, in 2013 Dollars White Net Worth 13x Greater 1,000,000 1,000,000 $192,000 White 100,000 • 8x 10,000 White Net Worth 10x Greater • • • • •• • • • • 17x 7x 7x 6x 6x 7x 10x Black $192,000 $141,900 White 100,000 11x 8x 13x • • • • • • • $19,200 • • $11,000 • 10,000 14x 10x 6x 10x 11x 9x 8x Great Recession 1,0000 ‘83 ‘86 ‘89 ‘92 ‘95 ‘98 ‘01 ‘04 ‘07 ‘10 ‘13 Notes: Blacks and whites include only non-Hispanics. Hispanics are of any race. Chart scale is logarithmic; each gridline is ten times greater than the gridline below it. Great Recession began Dec. ‘07 and ended June ‘09. Source: Pew Research Center tabulations of Survey of Consumer Finances public-use data C har t I U.S. Population Aged 65 and Older Annual Household Growth (Millions) 80,000 70,000 65 years and older 60,000 50,000 40,000 85 years and older 30,000 20,000 10.000 0 9x 10x • • • • • • • • • • $23,600 $13,700 Hispanic Great Recession 1,0000 ‘83 ‘86 ‘89 ‘92 ‘95 ‘98 ‘01 ‘04 ‘07 ‘10 ‘13 $141,900 • • • •• • • • • 2010 2020 2030 2040 2000 Source: 2000 and 2010 counts from U.S. Census Bureau, “Summary File 1, Matrices DP-1. Profile of General Demographic Characteristics: 2000 and 2010.” Decennial Census ( Washington, D.C.: 2001 and 2012); projections from U.S. Census Burear, “Table 2, Projections of the Population by Selected Age Groups and Sex for the United States: 2015 to 2060.” 2012 National Population Projections: Summary Tables.