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Throughout the country, there are 342 cities with a population over 100,000. 19 of them had black (alone or in combination) majorities, and in 46 more cities, between 30% and 50% of the population identified as black. Out of the 19 majority-black cities, four were in Georgia and Louisiana and Alabama had three each.
In 2009 the typical Black household had $5,677 in wealth, the typical Hispanic had $6,325, and the typical white household had $113,149. Furthermore, 35% of African American and 31% of Hispanic households had zero or negative net worth in 2009 compared to 15% of white households.
Affluence refers to an individual's or household's economical and financial advantage in comparison to others. [1] It may be assessed through either income or wealth . In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of ...
Inflation is up 20% since Biden took office. Inflation has emerged as one of the most stubborn political problems for President Biden in his re-election campaign, and price growth hit a grim new ...
The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%. [15]
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