Chapter

Who Has What?

Mariko Lin Chang

in Shortchanged

Published in print September 2010 | ISBN: 9780195367690
Published online September 2012 | e-ISBN: 9780199944101 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195367690.003.0002
Who Has What?

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This chapter presents important facts about the women's wealth gap. The median wealth owned by nonmarried women is only 36% of the median wealth owned by nonmarried men, but the wealth gap varies in significant ways for women of different ages, races, and marital status characteristics. Despite the advances of the feminist movement and the tremendous gains young women have made with respect to educational attainment and in the workplace, the wealth ratio indicates that younger women are more disadvantaged than their older peers. Furthermore, gender differences in wealth vary by race and ethnicity. More than half of all single Hispanic women living in the United States are wealth poor. In contrast, 26% of single white women and 36% of single black women are wealth poor.

Keywords: median wealth; wealth gap; feminist movement; gender differences; wealth poor

Chapter.  6198 words.  Illustrated.

Subjects: Gender and Sexuality

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