Black Families Earning $100K Or More Are Still More Likely To Live In Poorer Neighborhoods

Black Families Earning $100K Are Still More Likely To Live In Poorer Neighborhoods

A new piece by The New York Times explores the complex nuances of how racism and segregation can still impact Black families who are higher up on the socioeconomic ladder.

The choices that black families make today are inevitably constrained by a legacy of racism that prevented their ancestors from buying quality housing and then passing down wealth that might have allowed today’s generation to move into more stable communities. And even when black households try to cross color boundaries, they are not always met with open arms: Studies have shown that white people prefer to live in communities where there are fewer black people, regardless of their income.

The result: Nationally, black and white families of similar incomes still live in separate worlds.

In many of America’s largest metropolitan areas, including New York, Chicago and Los Angeles, black families making $100,000 or more are more likely to live in poorer neighborhoods than even white households making less than $25,000. This is particularly true in areas with a long history of residential segregation, like metropolitan Milwaukee.

One example includes an upperclass Black family living in Milwaukee…

In one neighborhood on Milwaukee’s predominantly black north side, that means the appearance of a new 4,000-square-foot home owned by a black energy executive and her husband, who host political fund-raisers with valet parking. Nearby, a financial adviser and his wife are stuck in the starter home they bought about 10 years ago, because it lost value and they couldn’t sell it. Up the street, there’s an engineer, living with her family, who said she stayed in the city for its amenities and to send the message, “We didn’t want to run away.”

The Sabirs share that mix of civic-minded motivation, and limitations. They are successful small-business owners with college degrees, yet even their choices have been circumscribed. The Victorian home they bought a decade ago, which they are now renting out, is in a majority black neighborhood where poverty has increased, damaging their investment. Their current neighborhood, where the duplex is, has a median household income of just $34,000 a year, or around $20,000 less than what’s typical for the region.

Read the entire article HERE. Discuss.