New Study Finds Median Wealth of Black Women Is $5 from Daily Kos

It's not exactly breaking news that there is a wage gap between men and women and between whites and people of color.

But a new study from the Insight Center for Community Economic Development reveals a shocking disparity in women's wealth:

Among the most startling revelations in the wealth data is that while single white women in the prime of their working years (ages 36 to 49) have a median wealth of $42,600 (still only 61 percent of their single white male counterparts), the median wealth for single black women is only $5.

Yes. You read that right. Five dollars.

And the numbers aren't much better for black women on the whole, whose median wealth is only $100, or for Hispanic women, whose median wealth is only $120.

rest at http://www.dailykos.com/storyonly/2010/3/11/845137/-New-Study-Finds-Median-Wealth-of-Black-Women-Is-$5?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29