In Cook County, residents of color are more likely to struggle paying for their basic needs, according to a new report.
"I realized things were tough in Chicago. I didn't realize the disparities were so much worse here than they are in other parts of the United States", Chicago Community Trust President and CEO Andrea Sáenz said.
The gap in financial health persists across all household income levels, including those who make well over six figures. The study also found 87% of white households have a retirement/pension account compared to Black households 49% and 58% of Latinx households.
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