New Jersey is one of the richest states in the nation, but the money isn’t trickling down equally. This is the conclusion of a recent study, which found that there is a massive “racial wealth gap” that has only gotten worse in the past few years.
On Thursday, the New Jersey Institute for Social Justice (NJISJ) released a report that claims there are serious disparities in wealth among white, Black and Latino/Latina families in the Garden State.
“Due to small sample size and wide margins of error, we do not have sufficient evidence to publish with confidence the estimates of wealth for Asian people in New Jersey,” a spokesperson told Patch.