The Women’s Wealth Gap:What it Is, Why it Matters, and What Can Be Done About It

In recent years, the national discussion about the causes of—and solutions to—inequality has focused on income. But for women, a focus on income alone is insufficient because the gender wealth gap is far greater than the income gap. We all know that women earn only 79 cents on the dollar compared to men, but less known is the fact that women own only 32 cents on the dollar compared to men. For women of color, the gap is a chasm: median wealth for single Black women is $200 and $100 for Latina women—just pennies on the dollar compared to white men and white women.

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Closing the Women's Wealth Gap

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Closing the Women’s Wealth Gap—What it Is, Why it Matters, and What Can Be Done About It

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Closing the Women’s Wealth Gap—What It Is, Why It Matters, and What Can Be Done About It aims to inform a national discussion about the women’s wealth gap, and to catalyze movement towards policy and practical solutions that build wealth for low-income women and women of color.

The report begins with an overview of what wealth is and why it matters; it summarizes some key data on the causes and effects of the wealth gap; and it points to promising policy and practical solutions, proposed or underway at the national, state, and local levels. The data and findings included in this paper are not the result of new research; instead, the paper highlights ideas and insights of a committed cadre of researchers and advocates to draw attention to the issue and lift up solutions.

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