Which of the following statement is true?

Question

The are no racial disparities in income in the United States.
White people have the highest average household income in the United States
There are substantial racial disparities in household income in the United States.
Racial disparities in income in the United States have narrowed considerably in the last 50 years.

Answer 1

The true statement is: There are substantial racial disparities in household income in the United States.

Data consistently shows that there are significant differences in income levels across different racial and ethnic groups in the U.S., with White households generally having higher average incomes compared to Black, Hispanic, and other minority households.