Blacks more likely to borrow money from and loan money to family and friends

Home Research Topics Race & Ethnicity Racial & Ethnic Groups Black Americans

June 21, 2016

6. Views of community, family life and personal finances

Blacks more likely to borrow money from and loan money to family and friends

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Blacks more likely to borrow money from and loan money to family and friends

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6. Views of community, family life and personal finances
Whites are more satisfied with family, community and finances than blacks
Blacks across all income levels are at least somewhat less satisfied with their communities
Whites with at least some college are more highly satisfied with their finances than similarly educated blacks
Blacks, Hispanics more likely to say they have had trouble paying bills and have used food banks
Blacks, Hispanics more likely to say they are lower or lower-middle class
Blacks with at least some college are more likely than their white counterparts to say they are in the lower class
Blacks are more likely than other groups to say blacks are doing worse than whites financially

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ABOUT PEW RESEARCH CENTER Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Pew Research Center does not take policy positions. It is a subsidiary of The Pew Charitable Trusts.

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