Middle class whites and Asians live in wealthier neighborhoods than black and Hispanics earning the same annual income. This is not good news for their children.
A middle class white family lives in an area where the median income is $52,800, according to a new study issued by the Stanford Graduate School of Education. Asian families reside in an even more upscale community, with a median income of $59,800.
But a black family with the same household income is surrounded by neighbors making only $42,600. And a Hispanic family lives in an area where residents earn only $46,200.
The gap is even larger when looking at low-income and affluent Americans. In fact, poor whites live in wealthier neighborhoods than middle class blacks.
Read the entire story on the CNN website and the study on the Stanford website.
