Connecticut

Connecticut Has Among Nation’s Largest Wealth Gap by Race and Ethnicity — Connecticut by the Numbers


Some key factors driving the racial wealth gap include unequal access to higher education and employment for minorities, the website points out, as well as residential segregation that still persists.  Rounding out the ten states with the most sizable wealth gaps were Massachusetts, North Dakota, Nebraska, Rhode Island, and Utah.

To measure the wealth gap among races in the U.S., WalletHub analyzed the 50 states and the District of Columbia across 21 key metrics. To determine the overall ranking of each state, the analysis used the biggest gap between racial groups for each metric. 

The metrics included median household income gap, homeownership rate gap, unemployment rate gap, poverty rate gap, educational attainment gap, and uninsured rate gap. In Connecticut, the largest wealth gap is in the poverty rate, followed by home ownership and educational attainment and home ownership.



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