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Black Residents Matter

City Journal

Black lives matter, we’re told—but in many American cities, black residents are either scarce or dwindling in number, chased away by misguided progressive policies that hinder working- and middle-class people. Such policies more severely affect blacks than whites because blacks start from further behind economically. Black median household income is only $35,481 per year, compared with $57,355 for whites. The wealth gap is even wider, with median black household wealth at only $7,133, compared with $111,146 for whites, according to a study by Demos and the Institute on Assets and Social Policy.