The racial attitudes of 83 children who live in a community which is approximately half black and half white are examined in this study. Income and education are similar for both races. The purpose of the study is twofold: to test a hypothesis about the effect of equal status interracial contact and to investigate parents' perception of their children's adaptation to interracial living. Two populations are examined; white children in grades three through six in the public school which is 81% black during the year studied (1974-75) and white children who live in the same community and attend the same grades in a variety of secular and religious private schools. The public school system is over 96% black at the elementary level during the year studied. The white children studied tend to perceive blacks as hard working, honest, intelligent, good neighbors, worthwhile companions and teachers who deserve a college education and to aspire to the Presidency of the United States. Perhaps the most startling and unexpected finding of this study is that the white children in the community are not clear who is black and who is white. There is evidence that indicates that race is less important in this community than elsewhere in the U.S. It may be that homogeneity in social class for blacks and whites is important in predicting the success of interracial communities. (Author/AM)