Closing the Latino wealth gap: Exploring regional differences and lived experiences
www.brookings.edu
national origin; the length of time they have been in the United States; their immigration or citizenship status; the initial socioeconomic status of migrant groups upon entry into the U.S., public policies, including state and local ones, that impacted wealth creation Wealth disparities between Lat
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- national origin; the length of time they have been in the United States; their immigration or citizenship status; the initial socioeconomic status of migrant groups upon entry into the U.S.,
- public policies, including state and local ones, that impacted wealth creation
- Wealth disparities between Latino and white households are partly driven by differences in asset ownership, which vary by state
- Community conversation participants emphasized the need for economic stability before economic mobility. Many Latinos we spoke to had economic aspirations such as building wealth, but were not yet ready to focus on these goals because they were mostly concerned with necessities such as rent, food, and utilities.
- They also highlighted important gender-related disparities related to family care responsibilities.
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