The gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled from 1970 to
2016. Amid rising inequality overall, Asians displaced blacks as the most economically divided major U.S. racial or ethnic group.
Income inequality nearly doubled among Asians in the U.S. from 1970 to 2016. Sizable income gaps persist across racial and ethnic groups, a new study finds.