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SES is an important consideration in assessing Black Americans regarding education, household income, wealth, and home ownership, in which Black Americans are at a disadvantage.
SES is an important consideration in assessing Black Americans regarding education, household income, wealth, and home ownership, in which Black Americans are at a disadvantage. Based on the 2020 Census report, The median income for Black Americans is Homes in majority black neighborhoods are not only impoverished, but the homes are An essential factor in these economic disparities is the consistent devaluation of assets in black neighborhoods. According to the Brookings Institute, homes of similar quality are valued on average $48,000 lower in majority-Black neighborhoods than in majority-white neighborhoods
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