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Disparities by Race, Ethnicity and Education Underlie Millennials’ Comeback in Wealth

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  • Ana Hernández Kent
  • Lowell R. Ricketts

Abstract

In 2019, older millennials were making relative gains in terms of wealth, but the gap between actual and expected median wealth varied by demographic characteristics.

Suggested Citation

  • Ana Hernández Kent & Lowell R. Ricketts, 2021. "Disparities by Race, Ethnicity and Education Underlie Millennials’ Comeback in Wealth," On the Economy 93968, Federal Reserve Bank of St. Louis.
  • Handle: RePEc:fip:l00001:93968
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    File URL: https://www.stlouisfed.org/on-the-economy/2021/april/disparities-race-ethnicity-education-millennials-comeback-wealth
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    Keywords

    millennials; inequality;

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