Wealth Gaps Between White, Black And Hispanic Families In 2019 from the St Louis Fed -- this post authored by Ana Hernandez Kent, Senior Researcher, Center for Household Financial Stability; and Lowell R. Ricketts, Data Scientist, Center for Household Financial Stability Education, family structure, and generation status are related to how much wealth a household has. But regardless of which kinds of those characteristics they have, non-Hispanic Black and Hispanic (of any race) families in the U.S. have large and persistent wealth gaps with non-Hispanic white families (hereafter, Black, Hispanic, and white, respectively). We analyzed 2019 data, the latest available from the Federal Reserve Board’s Survey of Consumer Finances (SCF),1 on family wealth, or what a family owns minus what they owe. We based a family’s demographic characteristics on those of the survey respondent, who is generally the most financially knowledgeable person in the household.