Who Bought a Lot Richer and Who Didn’t Through the Pandemic

The pandemic made People richer throughout each racial, ethnic and earnings group—although not equally.

Residence values shot up, and with fewer alternatives to spend cash throughout lockdowns, many individuals paid down debt and boosted financial savings. Between 2019 and 2021, the median family’s web price elevated 30% to $166,900, in accordance to a report out Monday from Pew Analysis Middle.