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This Man Speaking Out About The McKinney Pool Party Isn’t Telling The Full Story

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The Craig Ranch neighborhood pool. (John L. Moon/AP Photo)

The Craig Ranch neighborhood pool. (John L. Moon/AP Photo)

 

(BuzzFeed) – Surrounded by expensive homes and a lush green park, the pool in Craig Ranch, McKinney, has long functioned as a focal point for its community. Residents call the Dallas-area city an idyllic Texan town, and streets in the planned estate are referred to as “trails,” with names like Lonesome Spur, White Stallion, and Desert Dunes conjuring up images of the Old West. On hot summer days, parents and kids stroll from nearby designer brick homes to relax and cool off in the pool, which residents need a card to use. Sometimes the pool hosts movie nights, handing out popcorn as swimmers watch films on a large inflatable screen.

“I love our neighborhood,” Craig Ranch resident Shannon Barber Toon, who has lived in McKinney for four years, told BuzzFeed News. “I love that I can walk my kids to the pool. We have friends of all races. You can always come out and find people to talk to.”

Barber Toon went to the pool Friday night with her husband, Sean Toon, their two children, and her two female friends. Later that evening, though, the pool would become the latest flash point for America’s ongoing debate over race relations and police brutality. Sean Toon has claimed in multiple media interviews that the media has misrepresented the events, but Toon himself has failed to tell the full story.

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Black History

COMMENTARY: BIG MAMA SAID: Don’t Throw Away the Gift Just Because It Came Wrapped Wrong

TEXAS METRO NEWS — Journalist and mentor Terry Allen reflects on the profound wisdom of his grandmother, Lucille “Big Mama” Allen, who believed that a person’s mistakes do not represent their total identity. Allen argues that many behavioral issues seen in young men are actually symptoms of undeveloped gifts that have been applied to the wrong environments.

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COMMENTARY: BIG MAMA SAID: Don’t Throw Away the Gift Just Because It Came Wrapped Wrong
David Allen

Big Mama had a way of seeing something in you before you could see it in yourself.

My grandmother, Lucille “Big Mama” Allen, came from a generation that believed in correction. I grew up in a household where somebody might tell you, “Go get me a switch.” You knew what that meant.

But age has taught me something: correction without direction can stop behavior, but it doesn’t always develop the person.

Sometimes what we call a young man’s problem is really an undeveloped gift.

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I learned that through mentoring.

I once worked with a young man who was gambling and running numbers. Now, I wasn’t going to celebrate the behavior. Wrong is wrong. But I also refused to believe his mistakes represented the totality of who he was.

I looked underneath the behavior.

This young brother understood numbers. He understood money, calculation and risk. His gift wasn’t gambling. His gift was his mind. So I introduced him to another image: Mansa Musa, the legendary African ruler whose name became synonymous with extraordinary wealth, commerce and economic power. to The message was simple: You already have something inside you. Now what are you going to do with it? That young man redirected his abilities. What had been operating in the wrong environment found purpose through education, accounting and legitimate business. Today, he has built a leading Bookkeeping firm in California’s East Bay.

That is what mentoring can do. It is also why I created programs like City MenTor and why, for 25 years, City Men Cook has celebrated fathers, mentors and men who show up. Mentoring isn’t creating somebody in our image. It is helping somebody recognize what God already placed inside them. I thnaks GOd for allys ike Pastor Keith Lofton who helpe me keep the programs grunded in Faith.

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Scripture tells us to “fan into flame the gift of God.” — 2 Timothy 1:6.

Somebody reading this has a gift that survived mistakes, disappointment, rejection, bad decisions and maybe even your own attempts to bury it.

But it survived.Now comes the question Big Mama might ask

Baby, if God restored your gift, who are you using it to restore?

Don’t just celebrate your comeback. Reach back. Find somebody whose gift came wrapped wrong—and help them unwrap it.

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Kobie Da Wiz, Terry Allen and Pastor Keith Lofton Credit: David Allen

Big Mama said: Don’t throw away the gift. Redirect it. Develop it. Then give it away.

Terry Allen is an NABJ award-winning Journalist, DEI expert, PR professional, and – Vice President at FocusPR, founder of the charity City Men Cook, and Dallas Chapter President of NBPRS.org

Based on reporting by Texas Metro News.



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Black History

Columbus’s Oldest Businesses Still Open: 10 That Have Lasted 75+ Years

COLUMBUS TIMES — Columbus, Georgia, traces its commercial roots to the early 19th century, when the Chattahoochee River and local cotton mills fueled a burgeoning regional economy. While the city has transformed into a modern hub for banking and manufacturing, a select group of businesses and institutions have managed to survive for more than 75 years.

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Columbus’s Oldest Businesses Still Open: 10 That Have Lasted 75+ Years
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The historic Springer Opera House in downtown Columbus, Georgia, opened in 1871 and stands as one of the city’s oldest surviving cultural institutions.

Some Columbus businesses have been around longer than the automobiles, shopping centers and neighborhoods that now surround them. A handful date back to the 1800s, when cotton mills powered the local economy and the Chattahoochee River carried goods between communities. Others survived the Great Depression, two world wars, economic downturns and decades of changing consumer habits.

While hundreds of businesses have opened and closed across Columbus over the generations, these 10 have histories stretching back at least 75 years. Some remain family-owned, while others have survived mergers, ownership changes or major transformations. Together, their histories tell the story of how Columbus grew from a riverfront trading town into a regional center for banking, manufacturing, commerce and culture.

This list includes businesses, commercial institutions and their surviving successors with documented Columbus roots before 1951. It is not a definitive ranking of every surviving business, and several entries have changed ownership, names or operating models over time.

1. Columbus Ledger-Enquirer — 1828 (198 Years)

One of Columbus’s oldest surviving commercial institutions is its longtime newspaper, the Columbus Ledger-Enquirer. Its history began in 1828 with the founding of the Columbus Enquirer, the same year Columbus was established. The Columbus Ledger followed in 1886, and the two newspapers eventually became a single publication in 1988.

Over nearly two centuries, the newspaper has documented wars, elections, industrial expansion, economic downturns and major changes throughout the Chattahoochee Valley. Its ownership changed again in July 2026, when the Georgia Trust for Local News purchased the Ledger-Enquirer from McClatchy. The newspaper continues operating, although the modern publication is the product of mergers and transformations rather than an unchanged business established in 1828.

2. Willcox-Lumpkin Co. — 1848 (178 Years)

Insurance agency Willcox-Lumpkin traces its history to 1848, making it one of Columbus’s oldest documented commercial enterprises. Historical city directories identify the business as an insurance agency that protected homes, businesses and property long before automobiles became common. The company remained associated with generations of the Willcox and Lumpkin families.

Its history is supported by advertisements appearing in Columbus directories more than a century ago. Georgia Secretary of State records currently list Willcox-Lumpkin Co. as active and in compliance, with its corporate registration dating to December 1923. That distinction matters because the business’s claimed operating history is considerably older than its present corporate registration.

3. Springer Opera House — 1871 (155 Years)

The Springer Opera House opened in 1871 and became one of the city’s most important entertainment destinations. Built by businessman Francis Joseph Springer, the theater attracted nationally recognized performers and helped establish Columbus as a cultural center. Its ornate Victorian architecture remains one of downtown’s most recognizable landmarks.

The Springer nearly disappeared during the 1960s after declining attendance and years of deterioration. Preservationists rescued the building, and theatrical performances returned in 1965. Although it has not operated continuously in the same form, the Springer remains an active performing arts institution and an example of how historic properties can find new economic life.

4. Schomburg’s Jewelers — 1872 (154 Years)

Few Columbus retailers can claim a family history as long as Schomburg’s Jewelers. Carl Frederick Schomburg established the jewelry business in 1872 after working as a clockmaker, and the company gradually expanded into watches, jewelry and other luxury goods. Five generations of the family have been associated with the business.

Today, Schomburg’s operates on Rollins Way and identifies itself as Georgia’s oldest fifth-generation jeweler. Its longevity reflects a business model built around specialized craftsmanship, customer relationships and family continuity. While many traditional jewelry stores have disappeared or become part of national chains, Schomburg’s has maintained a recognizable local identity.

5. Goldens’ Foundry & Machine Co. — 1882 (144 Years)

Two brothers, Theodore and J. Poitevent Golden, established Goldens’ Foundry & Machine Co. in 1882. The company began as a small foundry and machine shop during an era when Columbus was expanding rapidly as a manufacturing center. Its products helped supply the machinery and industrial equipment needed by businesses throughout the region.

More than 140 years later, the business remains associated with descendants of its founders. Goldens’ continues manufacturing industrial castings while also developing consumer products through its Goldens’ Cast Iron brand. Its survival is especially significant because many of the textile mills and industrial operations that helped create its original market have long since closed.

6. W.C. Bradley Co. — 1885 (141 Years)

The W.C. Bradley Co. traces its origins to 1885, when William Clark Bradley entered the cotton business in Columbus. Over time, his growing enterprise expanded into groceries, fertilizer, transportation, manufacturing and financial services. The company eventually became one of the most influential business organizations in the Chattahoochee Valley.

Its business interests helped shape the development of modern Columbus, including the city’s banking and manufacturing sectors. The company also became closely associated with Char-Broil, the nationally recognized outdoor cooking brand. Today, W.C. Bradley Co. maintains its corporate headquarters near the Chattahoochee River, continuing a business legacy that began when cotton dominated the regional economy.

7. Synovus Banking Legacy — 1888 (138 Years)

The banking institution that became Synovus began in 1888 with the establishment of two Columbus banks. According to company history, the idea developed partly from the need to provide textile workers with a safe place to keep their earnings. Those early banking operations eventually evolved into Columbus Bank and Trust and later Synovus Financial Corporation.

A major change occurred in January 2026 when Synovus merged with Pinnacle Financial Partners, ending its existence as an independent corporation. The combined organization continues serving Columbus customers under the Synovus name during the transition to Pinnacle branding, which is scheduled for 2027. Pinnacle also announced plans in June to expand its downtown Columbus workspace, reinforcing the city’s continued importance to the banking operation.

8. Dinglewood Pharmacy — 1918 (108 Years)

Dinglewood Pharmacy opened on November 13, 1918, and became one of Columbus’s most recognizable neighborhood businesses. While generations of customers have visited for prescriptions and pharmacy services, the business is equally famous for its traditional lunch counter. Its signature scrambled dog has become closely associated with Columbus food culture.

The pharmacy celebrated its centennial in 2018, an achievement relatively few independent neighborhood businesses reach. Its ability to combine traditional pharmacy services with a popular local dining experience has helped preserve its reputation across generations. Dinglewood remains an especially visible example of a business whose appeal extends well beyond the original service it was established to provide.

9. Striffler-Hamby Mortuary — 1923 (103 Years)

Striffler-Hamby Mortuary traces its business history to 1923, when David Abraham Striffler opened his own funeral establishment in downtown Columbus. Striffler had entered the local funeral industry in 1908 before eventually establishing an independent operation. In 1930, he moved the business into a building constructed specifically for funeral services.

The mortuary became an established name as generations of Columbus families turned to it for funeral arrangements. Today, the business operates as part of the Dignity Memorial network, showing how a longstanding local institution can continue under different corporate ownership. Its history also offers a look at how funeral services evolved from small undertaking establishments into modern funeral homes.

10. WRCG Radio, Originally WRBL — 1928 (98 Years)

Columbus entered the broadcasting era on May 10, 1928, when WRBL began transmitting radio programs to local listeners. The station was established through the efforts of early radio pioneer Bill Lewis and became the city’s first radio broadcasting operation. Its original programming helped bring news, entertainment and live events into Columbus homes.

The station eventually changed ownership, frequencies and call letters, becoming WRCG in 1977. Historical research by Columbus State University and Historic Columbus confirms the connection between the original WRBL radio operation and its later identity. Today, WRCG represents a surviving broadcasting legacy that predates television’s arrival in Columbus by approximately 25 years.

What These Businesses Reveal About Columbus

The survival of these institutions reflects the major industries that shaped Columbus over nearly two centuries. Banking, manufacturing, retail, insurance, entertainment and communications all played important roles in the city’s economic development. Several businesses adapted to changing markets, while others survived by maintaining relationships with generations of local customers.

Their histories also demonstrate that longevity does not necessarily mean remaining unchanged. Some businesses were acquired by larger corporations, others moved into new industries, and several preserved their names despite major changes in ownership. For Columbus residents, these institutions provide a tangible connection to the city’s past while continuing to influence its economic and cultural identity.

Source: Historic Columbus Foundation; Columbus State University Archives and Special Collections; Georgia Historical Society; New Georgia Encyclopedia;

Based on reporting by Columbus Times.



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Black Press

Lawyer-Turned-Contractor Hones Focus on Redeveloping Properties for Housing

BAY STATE BANNER — Donald Donnalson spent his childhood summers assisting his stepfather with contractor work, a job he initially disliked and vowed to never pursue professionally. After earning degrees from Boston College and Northeastern University Law School, Donnalson practiced law for several years before a return to contracting reignited his interest in the field. In 2011, he launched Beantown Builders, Inc.

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Donald Donnalson, CEO Beantown Builders, Inc. PHOTO: TITUS MEDIA BOSTON
Donald Donnalson, CEO Beantown Builders, Inc. PHOTO: TITUS MEDIA BOSTON — PHOTO: TITUS MEDIA BOSTON

Banner Business Sponsored by The Ujima Project

At a young age, Donald Donnalson helped his stepfather with contractor work during his summers off. He always hated it back then and vowed to never go into the profession.

After earning degrees from Boston College and Northeastern University Law School, he practiced law for a number of years. But when his stepfather asked for help with contracting as an adult, Donnalson “caught the bug.” He launched Beantown Builders, Inc. in 2011, which now focuses on housing builds including multifamily conversions, redevelopment of underutilized properties, and accessory dwelling units throughout Greater Boston and eastern Massachusetts.

“There are a lot of contractors in Massachusetts, and discovering what your niche is — for any entrepreneur, but especially in this industry — is super important,” he said, adding that their housing niche is important for its impact on the community.

“Greater Boston faces significant housing affordability and availability challenges, and we think that existing properties represent an opportunity to create additional housing without always requiring entirely new developments,” he said.

Donnalson started his company with incredible personal investment. He left his role as a finance manager for Audi Natick and liquidated his 401k to jumpstart the business.

“I basically just bet on myself. I didn’t have a project. I didn’t have anything. I was just like, I’m gonna go do this because if I don’t do it now, I’m never gonna do it,” he explained.

Today his minority-owned business is addressing the need for more housing while helping dispel broader distrust of contractors.

“Seeing a company like ours in the community that’s willing to learn more, do more, take on these experiences, and fill the gap where there seems like there’s not enough of us around is a big help,” he said, later adding that, “as an MBE [Minority Business Enterprise], we’re focused on building more than a successful construction company. We’re developing the people, systems and capabilities to take on increasingly complex projects while contributing to housing opportunities, economic development and the communities we serve.”

For Director of Marketing Alicia Zuniga, their mission helps guide the work and build trust with customers. Beantown’s clients are a mix of homeowners, families and property investors.

The team “understands construction is about much more than buildings. Behind every project are people with goals, expectations and important decisions to make,” Zuniga said.

Donnalson said one of the biggest obstacles he currently faces is attracting and keeping the best talent to help on projects, which have taken the team as far south as Fall River and North Attleboro and as far north as Lynn.

They recently supported The Guild nonprofit in constructing a community-oriented urban space, turning a hillside into public green space with paths and areas to gather. Landscape architects at Landworks Studio designed the urban forest project while Beantown supported the build, including masonry and permeable paving.

“Projects like this reflect our belief that construction can do more than improve individual properties; it can also contribute to the neighborhoods and communities around them,” Donnalson said

Based on reporting by Bay State Banner.



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Black Press

Birmingham on Pace for Fewest Homicides in 75 Years

BAKERSFIELD NEWS OBSERVER — Birmingham, Alabama, is currently on track to record its lowest annual homicide total in approximately 75 years. According to the Birmingham Police Department’s third-quarter briefing, the city recorded 34 homicides through October 1, representing a significant decrease from the 61 reported at the same time last year and the 129 reported by October 2024.

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Birmingham, Alabama, is on pace to close 2026 with its fewest homicides in roughly 75 years — a turnaround for a majority-Black city that for decades made national headlines for its murder rate.

Birmingham police counted 34 homicides through Oct. 1, down from 61 at the same point in 2025 and 129 at the same point in 2024, Police Chief Michael Pickett said at the department’s third-quarter briefing. The city’s lowest annual total on record is 44, set in 1951. Just two years ago, Birmingham recorded 152 homicides, its deadliest year.

“I did not think that we would have this much of a reduction but of course that’s always the goal,” Pickett said. He put the drop at 74% compared with 2024 and said the department has cleared 91% of this year’s cases.

“Birmingham is on track for our fewest homicides in 75 years,” Mayor Randall Woodfin wrote on Facebook this month, crediting the officers of the Birmingham Police Department, Pickett, and the city’s community violence intervention workers.

The city’s bet runs on two tracks. On the policing side, Pickett has pointed to the department’s crime reduction plan, enforcement targeting illegal firearms, and cooperation with federal agencies. On the community side, Birmingham has put about $5.4 million in American Rescue Plan money into violence intervention programs: a hospital-based partnership with UAB Hospital, the Jefferson County Department of Health, the Offender Alumni Association, and Violence Intervention and Prevention Partners that places specialists at the bedsides of people wounded by gunfire; a street outreach team run with the Urban League of Alabama; a Group Violence Reduction Strategy with the National Institute for Criminal Justice Reform; and One Hood. With the one-time federal dollars expiring, the city council extended the hospital-linked program through June 2027 with $1.15 million and put $3 million for community violence intervention — a $1.5 million increase — into the city’s fiscal 2027 budget. Whether every program is fully covered once the federal money runs out remains unclear.

The honest caveats: murders are falling across the country, too — crime analyst Jeff Asher projects the lowest U.S. murder rate ever recorded in 2026, after the FBI reported the national homicide rate hit a 75-year low in 2025 — and nobody can prove which piece of Birmingham’s approach drove the drop. One category is moving the wrong way: domestic violence offenses are up 18.3% this year, the chief said. “This is not something the police department can handle alone,” Pickett said of the domestic violence increase.

Two accounting notes readers deserve: the mayor’s latest post says homicides are down 46% from last year, while the police department’s own Oct. 1 numbers work out to about 44% — and a May fact-check by ABC 33/40 found an earlier Woodfin figure slightly overstated. Separately, Bhamwiki counts 38 homicides as of Oct. 1 because it includes police-involved and justified cases; the police count is 34. And the pace math matters: 34 homicides through Oct. 1 projects to roughly 45 for the full year — just above the 1951 record of 44. So “fewest since 1951” is within reach; a new all-time low likely isn’t.

What’s working to make your neighborhood safer? Tell us.

Drafted by News Observed Editorial AI, human reviewed and published.

Based on reporting by Bakersfield News Observer.



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Black Press

Ancestral Responsibility: Young Native Voters Fight Political Invisibility

NORTH DALLAS GAZETTE — Native American communities are mobilizing ahead of the November election to challenge long-standing systemic barriers and political invisibility. Recent data from the First Nations Development Institute refutes media narratives regarding Native voting patterns, showing that a majority of self-identified Native voters supported Kamala Harris in the 2024 election.

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Native American voters and young organizers are mobilizing to overcome systemic voting barriers, protect tribal sovereignty and cultural identity, and ensure their communities have a stronger voice in elections. (Marlon Josué/ Unsplash)
Native American voters and young organizers are mobilizing to overcome systemic voting barriers, protect tribal sovereignty and cultural identity, and ensure their communities have a stronger voice in elections. (Marlon Josué/ Unsplash) — (Marlon Josué/ Unsplash)

A mobilization is unfolding across tribal nations ahead of the November election. Driven by real data and a rising wave of young organizers, Native American voters are challenging systemic barriers to political power.

For generations, Native Americans have been treated as an invisible constituency in public life. Michael Roberts, president and CEO of the First Nations Development Institute, said that misrepresentations about native voters have clouded media narratives over recent years. Following the 2024 presidential election, relying on flawed national exit poll data, media placed some blame on Native Americans for the political shift.

“So while the media was trying to find a brown boogeyman on why Mr. Trump was in office … we had real data to show just the opposite,” noted Roberts.

A First Nations sample of 500 to 1,000 self-identified native voters revealed that 57 percent voted for Kamala Harris.

Roberts said the data showed attitudes reflective of the general public. Native voters are deeply concerned with inflation, the economy, affordability, and housing access. Yet they are also uniquely driven by tribal sovereignty, native languages, and cultural traditions. These cultural issues often drive them to the polls more than everyday pocketbook concerns.

Politically, Native Americans are not a monolith. With 475 tribes spread across 38 states and territories, traditional party lines are difficult to find. Roberts noted that analysts cannot view native voters through a simple black-and-white, Republican-or-Democrat lens.

Despite their potential to swing critical regions like Michigan and Alaska, native communities are largely ignored by major campaigns. First Nations data indicates that 50 percent or more of native voters have never been contacted by election campaigns. And nonprofit groups representing these communities remain severely underfunded.

Systemic barriers compound the neglect. Melissa Rogers, a professor of politics and policy at Claremont Graduate University, said upwards of 50 percent of native populations live within 20 miles of tribal homelands, debunking the myth of a sharp urban-rural Indian divide. Yet sadly, voting costs and distance barriers remain high on tribal lands.

Many reservations are so rural that residents must travel to distant county seats to collect mail or to register and vote. In Nevada, Duck Valley Reservation residents historically faced a 100-mile one-way drive to the Elko County seat just to cast a ballot or register in person.

Rogers noted that academic research shows tribal voting surges when registration and polling places are established directly on tribal lands.

Alternative options like mail-in voting face severe trust issues due to recent political attacks. Additionally, strict voter identification laws disproportionately disenfranchise native voters who often lack traditional physical addresses or state driver’s licenses.

In North Dakota, where the native vote is vital to a current Senate race, the state abruptly disallowed non-traditional addresses and post office boxes. Rogers warned that restrictive ballot deadlines, such as Arizona’s requirement that ballots arrive by election night, threaten to disenfranchise voters on the Navajo Nation due to slow rural mail delivery.

A historical skepticism remains, tied to past trauma. Rogers said federal government workers knocking on doors historically meant taking children, land, and resources from native households. The distrust extends to the census, which has long undercounted reservation populations.

A new crisis unfolds as federal proposals threaten to eliminate the American Indian and Alaska Native racial designations from official counts. Policy and funding decisions rely on these figures. Rogers warned that excluding native counts would devastate federal tribes.
In response, Native Organizers Alliance Executive Director Judith LeBlanc, a citizen of the Caddo Tribe of Oklahoma, said a national survey of 16,000 native people showed a fierce commitment to cultural continuity and essential human services.

When Congress pushed to try to make Big Cyprus into a wilderness area, which would have destroyed 11 traditional villages, burial grounds and medicine collection areas, her organization stood up for the rights of natives.

They also stood up for the rights of nature, and with the help of environmental groups, were able to document and mitigate the damage done by Alligator Alcatraz.

The organization’s surveys are fueling a new urgency among young voters. In Maine, Sage Phillips, co-coordinator of the Wabanaki Policy Youth Initiative, is leading youth to register voters, educate elders, and lobby the state house.

Wabanaki youth are pressuring candidates in gubernatorial, congressional, and local races to amend the 1980 Maine Indian Land Claims Settlement Act, which currently blocks local tribes from accessing beneficial federal laws.

Activists say the movement is about fulfilling an ancestral responsibility to protect sovereignty, lands, and future generations. But, the final hurdle rests on the integrity of the polling places themselves.

Over the last decade, targeted attacks on the voting system have made access significantly harder, Rogers said.

For information regarding local polling place availability, hours of operation, and rules ensuring a secure voting environment, citizens should check with official county election authorities and state election boards.

Ensuring that future elections remain open, equitable, and free of intimidation is critical for all citizens—especially American Indian voters.

The post Ancestral Responsibility: Young Native Voters Fight Political Invisibility appeared first on North Dallas Gazette.

Based on reporting by North Dallas Gazette.



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Black Press

Black Household Wealth Plummeted 25% in Three Years, New Data Shows

MICHIGAN CHRONICLE — A new analysis of Federal Reserve data reveals that median wealth for Black households dropped 25% between 2022 and 2025, falling from $49,100 to $36,800. This decline occurred while White, Hispanic, and Asian households experienced increases in their median net worth, further widening the national racial wealth gap.

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Photo: iStockphoto / NNPA
Photo: iStockphoto / NNPA

Median wealth among Black households fell 25% between 2022 and 2025, widening the racial wealth gap even as White, Hispanic, and Asian households saw their median net worth increase, according to a new analysis of Federal Reserve data.

Center for Economic and Policy Research (CEPR) director of race and economic justice, Algernon Austin, shared in an analysis published Tuesday (October 13) that median wealth among Black households fell from $49,100 in 2022 to $36,800 in 2025, a 25% decline.

In comparison, median wealth reached $332,100 for White households, $79,600 for Hispanic households, and $677,600 for Asian households in 2025, according to CEPR.

While Black households lost wealth, these groups saw their median wealth increase between 2022 and 2025. In 2025, Black households’ median wealth was $179,100 below the national median, up from a $162,000 gap in 2022.

Austin’s analysis suggests declining home, vehicle, and retirement account values contributed to the drop. The share of Black households with nonfinancial assets also declined from 81% to 78.4%.

The findings come as broader household wealth gains slowed and financial strain increased.Reuters reported earlier this month that the Federal Reserve’s latest Survey of Consumer Finances found the share of families spending at least 40% of their income on debt payments rose from 6.5% in 2022 to 8.6% in 2025.

The latest findings add to longstanding concerns about the racial wealth gap. A 2017 report by Prosperity Now and the Institute for Policy Studies projected that median Black household wealth could reach zero by 2053 if existing trends continued, raising questions about the long-term financial security of Black families.

That figure was a projection based on trends at the time, not a confirmed outcome.

The Black Information Network is your source for Black News! Get the latest news 24/7 on The Black Information Network. Listen now on the iHeartRadio app or click HEREto tune in live.

Based on reporting by Michigan Chronicle.



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