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Study: DC’s economy has the least racial equality in the nation

The data compares the difference between white and Black Americans in areas such as annual income, unemployment rate, and the homeownership rate. WASHINGTON — With protests against racial inequality taking place all across the nation and the Black unemployment rate consistently above the rate for white people, a new study shows the District in last place for racial equality.

WalletHub released its report Wednesday on the State Economies with the Most Racial Equality , comparing the 50 states and D.C. across eight key metrics.

The data in the report compares the difference between white and Black Americans in areas such as annual income, unemployment rate and homeownership rate.

Each metric was graded on a 100-point scale, with a score of 100 representing the most equality. The survey showed that the District’s economy placed 51st, or in the bottom half in the following areas:

Racial Equality in D.C.’s Economy (1=Most Equality; 25=Avg.): 51 – Median annual income

51 – Labor-force participation rate 51 – Unemployment rate 43 – Poverty rate 51 – Homeless rate 51 – Share of executives When looking at racial equality in both Maryland and Virginia, Maryland ranked 13th, followed by Virginia ranking 16th.”One way to help Black Americans achieve […]

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