This study is an examintion of the effects of race and income on leisure-time physical activity among women (n = 116). Perceived benefits of and barriers to participating in leisure-time physical activity were also compared. A regression model utilizing social cognitive variables was used to explore factors which may predict physical activity participation. No significant differences emerged between the groups regarding the amount of physical activity they reported either by race or socioeconomic status. Time expenditure emerged significantly different by race (p < .001) and income (p < .000); middle-income women reported time as a barrier more than lower-income women and Whites were likelier to report time as a barrier more than Blacks. Middle-income women perceived greater (p < .01) physical performance benefits from exercise than lower-income women. Social interaction, time expenditure, and body mass index were the strongest predictors of physical activity. The data and findings could be useful for increaseing our understanding of economic and racial disparities in physical activity participation and garnish information for use in constructing interven programs.