The median wealth of a typical white family in America is nearly 10 times higher than that of a Black family — about $171,000 compared to just over $17,000. That gap is driven not just by income but by assets, ownership, and long-term investment. Roughly 44% of Black families own their homes, a figure that has consistently lagged behind white households for decades. Only about 21% of Black households hold credit scores above 700, compared to more than half of white households — limiting access to favorable mortgage financing. 🔗  newpittsburghcourier.com New Pittsburgh Courier