About one-in-four Black households and one-in-seven Hispanic households had no wealth or were in debt in 2021, compared with about one-in-ten U.S. households overall.
About one-in-ten Asian Americans live in poverty. Pew Research Center conducted 18 focus groups in 12 languages to explore their stories and experiences.
Despite some ups and downs over the past several decades, today’s real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.