See How Rhode Island Ranks for Racial Economic Equality

See How Rhode Island Ranks for Racial Economic Equality

A new study ranks the 50 states and the District of Columbia for racial equality against a range of measures including household income, homeownership, and poverty rate.

“Racial inequality has been brought into the spotlight once more in recent weeks, as protests against police brutality and racism have erupted across the U.S. in response to the death of George Floyd. However, it’s not just in policing where discrimination rears its head," said the study.

Another recent study "Being Black in Corporate America," found that only 3.2 percent of executive or senior-level positions belong to black Americans, even though that demographic makes up 13 percent of the U.S. population.

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That study underwritten by KPMG and Disney finds that Blacks face an array of obstacles in corporate America.

 

The overall black unemployment rate is consistently higher than the white unemployment rate, too.

"What’s even more striking than the inequality in employment is the disparity in wealth between white and black Americans. The average white family has a net worth of $171,000, compared to just $17,150 for the average black family. As racial tensions run high in America, it’s an opportune time to take a look at which states have done the most to promote financial equality," states WalletHub.

In order to determine which states have the most racial equality in terms of employment and wealth, WalletHub compared the 50 states and the District of Columbia across eight key metrics. The data compares the difference between white and black Americans in areas such as annual income, unemployment rate and homeownership rate. Read on for the results and a full description of our methodology.

Overall, Rhode Island ranks #17 in America