We act on

RESEARCH

Scroll down to review the research that helps shape our work, along with materials from former BECMA events and publications by our partner organizations. If you have any questions about the information below, or want to add to our resources, email info@becma.org.

Research

 

Research and Publications

What is behind the persistence of the racial wealth gap? (2019)


The average wealth of black households in the United States in 2016 was $140,000, while the average wealth of white households was $901,000, nearly 6.5 times greater. And the gap has changed little over the past half century. An important study from the Federal Reserve Bank of Cleveland concludes that when policies are focused on changing the income gap, this immense wealth gap dramatically. Read the study.




The Color of Wealth in Boston (2015)


This report by the Federal Reserve Bank of Boston found that people of color, on average, hold net assets worth $700 compared to $256,500 in net assets held by the average white Bostonian. They also found 27% of Black Bostonians are "unbanked" (they don't have a bank account) vs. only 8% of white Bostonians. Topics like the low rates of homeownership and educational attainment were also covered. Read the study.





© 2020 Black Economic Council of Massachusetts, Inc.

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