Connecticut’s ranking in the latest Family Assets Scorecard has dropped from an A to a C since the 2005 Scorecard, reflecting wide demographic disparities, high levels of debt, declining homeownership, and growing numbers of households with no employer-provided health insurance despite the state’s apparent overall prosperity.[…]

Connecticut has among the worst racial disparities in assets in the nation. Minority households are much less likely to be homeowners and are more likely to have low assets, as compared to white households. For example, the median white household in Connecticut is nearly 27 times wealthier than the average minority household.

[Published as a summary (PDF LINK) and a 31-page full report (PDF LINK) with details of how asset insecurity corresponds to debt, job growth, educational opportunity and achievement, as well as racial and gender inequality – offering “a level of detail that exposes many of the blemishes that Connecticut’s affluent self-image masks.”]