Francisco M. Martinez

Francisco M. Martinez
Aug 28, 2026 · 1 min read

New Study Examines Race, Income, Industry, and Wealth in America

I have published a new study, Population, Race, Family Names, Income, Industry, and Wealth in the United States.

I found several interesting and surprising results.

Using primarily federal data, the study examines how population, education, employment, industry, earnings, entrepreneurship, inheritance, and accumulated wealth interact across the largest racial and ethnic groups in America.

White Americans remain the largest racial population and hold the broadest established base of property, stocks, employer businesses, inherited resources, and institutional wealth.

Asian Americans lead the available measures for educational attainment, median weekly earnings, median household income, and median family wealth.

Hispanic Americans have the highest labor-force participation rate but the lowest median weekly earnings among the four largest groups. Hispanic entrepreneurship is extensive, but much of it remains concentrated in businesses without employees.

Black workers earn slightly more than Hispanic workers in the latest weekly comparison. Black households and families, though, have the lowest median household income and median family wealth in the principal comparisons.

Education explains part of these differences, but not all of them. Earnings gaps remain within broad professional occupations. Population growth alone will not redistribute economic power. Work and education must convert into stronger wages, employer businesses, homeownership, investments, and wealth passed to the next generation.

Published August 2026.

Read the study: https://doi.org/10.5281/zenodo.22136684

 

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