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“Banks are beacons of hope in their communities, and we intend to be that for the people of Minneapolis, St. Paul and the rest of the Twin Cities ... gaps between Black and white homeowners ...
That's just 41.5 percent of what white households in the area earn. Less than one-quarter of black Twin Cities residents own their homes, compared to the three-quarters of white residents.
The Great Recession turned many homeowners into renters, and black Americans were hit hardest, new analysis finds.
The 24.6 percent black homeownership rate in the Twin Cities metro area is less than a third of the 75.8 percent white homeownership rate. Racine, Wisconsin, is one of several Rust Belt cities ...
MINNEAPOLIS - It happened again. 24/7 Wall St. told us what we've already heard before: The Twin Cities metro is one of the worst cities for black Americans. Disparities in socioeconomic measures ...
The Twin Cities has long grappled with disparities in wealth by race. Only about 21% of Black residents in Hennepin and Ramsey counties own a home compared to 70% of white residents, according to ...
The study found that the typical black household in the Twin Cities (Minneapolis, St. Paul and Bloomington) earns $34,174 a year. That is 43.4% of the median income of a typical white household in ...
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