Longitudinal Study Finds Racial and Ethnic Inequalities in Wealth and Health Relationship

Wealth is associated with better health outcomes, but a recently published study finds that this relationship differs significantly between racial and ethnic groups. The results, taken from the Longitudinal Survey of Youth 1997, found that wealth was strongly associated with wealth in white and Hispanic people, but was only associated with better outcomes in the wealthiest of Black young people.

According to Mike Krings, “When looking at the entire sample, racial differences in health were attenuated after controlling for wealth — after adding wealth, racial difference in self-rated health was no longer statistically significant. Findings from the entire sample indicated a strong, positive association between wealth and self-rated health. These findings point to the importance of inclusion of wealth indicators in health studies.”

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(Source: The University of Kansas, April 4^th, 2023)