A Snapshot of the African-American Financial Experience

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Rise of the Middle Class

The African-American middle class is projected to keep growing and underscores the strengthening buying power of African-Americans, specifically when you consider that nearly 40 percent of Black households have an annual income of $75,000 or more, researchers said. About 35 percent of Blacks had $50,000 or more in financial assets, including savings, investments and employer-sponsored retirement accounts. (Photo: Jose Luis Pelaez/Getty Images)