Wealth

The poverty rate for Hispanics was 28.2% in 2010, higher than it was for blacks, non-Hispanic whites or Asians, and higher than the official poverty rate for Hispanics, 26.7%, reported by the Census Bureau.

Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century.

Despite an extended economic downturn, the public’s impression of whether the nation is economically divided remains relatively stable.

The net worth of households in the U.S. fell sharply from 2005 to 2009, declining by 28%. But the drop in household wealth affected minorities disproportionately.

Pew Research Center reports can add context to the Census Bureau's release of 2010 data on U.S. income, poverty and health insurance coverage. These Pew Research Center reports, linked to in this article, have documented the impact of the Great Recession and shaky recovery on Americans’ wealth, work lives, personal finances and emotional well-being.

When the real estate market melted down, those hit hardest by the sharp drop in household wealth were blacks and Hispanics. But even while their wealth was being decimated, the political reaction among the nation's minorities has been surprisingly muted.

The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009.

Median household wealth among Hispanics fell from $18,359 in 2005 to $6,235 in 2009—a 66% decline. This was larger than the decrease for black households (53%) and white households (16%), according to an analysis of newly-available Census Bureau data by the Pew Research Center's Social & Demographic Trends project.

In his Jan. 20 inaugural address, President Barack Obama said, “The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity.” Surveys conducted by the Pew Research Center’s Forum on Religion & Public Life find that income varies greatly within and […]

Almost one-in-ten (9%) Latino homeowners say they missed a mortgage payment or were unable to make a full payment and 3% say they received a foreclosure notice in the past year.