And yet, for all the progress that’s been made in the past four decades, a stubborn gap remains between the living standards of black, Latino, and white workers. The average black wage is 75 percent of the average white wage; the average Latino wage is 71 percent of the average white wage. Black median net worth is about $6,000, and Latino median net worth is about $8,000, compared to $88,000 for whites.
