Trends

The US Income Gap

Written by Mint.com
Published Feb 25, 2010
1 min read
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Though the income gap in the United States has slowly decreased over the last few decades, there still remains a significant disparity in income between genders and across races. The earnings of Black women are much closer to the US average than those of their male counterparts, and the trend is similar for those of Hispanic descent. It is also notable that on average, Asian females earn more than both Black and Hispanic males, while Asian males have the highest income among all groups.

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Though the income gap in the United States has slowly decreased over the last few decades, there still remains a significant disparity in income between genders and across races. The earnings of Black women are much closer to the US average than those of their male counterparts, and the trend is similar for those of Hispanic descent. It is also notable that on average, Asian females earn more than both Black and Hispanic males, while Asian males have the highest income among all groups. </p> <p><a href="http://www.mint.com/blog/wp-content/uploads/2010/02/MNT-INCOME-DISPARITY-R4.png" target="_blank"><img fetchpriority="high" decoding="async" src="http://www.mint.com/blog/wp-content/uploads/2010/02/MNT-INCOME-DISPARITY-R4.png" alt="MNT-INCOME-DISPARITY-R4" title="MNT-INCOME-DISPARITY-R4" width="900" height="786" class="alignnone size-full wp-image-8737" /></a><br /><a href="http://www.mint.com/" target="_blank">personal finance software</a> – Mint.com