The racial wealth gap in the Bay Area starts with the stunning test scores coming out of our education system.
SPUR crunched Census data on the financial situations of Bay Area ethnic groups and the image reveals Black residents are being left behind region-wide, with particular acuteness in San Francisco. In the epicenter of Silicon Valley, Black income growth lagged behind White and Asian households. In the East Bay and Solano County, Black households saw a raise of just $10,000 over 10 years. But San Francisco was the worst of all: the Black community’s income barely budged since 2010. Black San Franciscans live in the shadow of a technology and wealthy renaissance that have exploded the incomes of their white neighbors.
In community college my Black computer science professor stated: “If the lot of you don’t figure this out, many of you wont be living here much longer.” So what’s the cause of Black families raised in the Bay Area being left out of the economic boom? Here are key educational statistics about the next generation of Black workers in San Francisco as they finish high school:
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