Only 14 per cent of Indians reported median household earnings under USD 40,000 in comparison to 33 per cent nationally
Indians average household earning total USD 123,700, according to a report from PTI. Also, Indians constitute 79 per cent of college graduates, surpassing the overall American population in terms of wealth and college education. PTI quoted a media report which cited the latest census data.
The number of people who identify as Asian in the United States nearly tripled in the past three decades, and Asians are now the fastest-growing of the nation’s four largest racial and ethnic groups, according to a New York Times analysis of the census data.
About 4 million Indians currently reside in the US, including 1.6 million visa holders, 1.4 million naturalised residents and a million are US-born residents.
In fact, Indians are ahead of other Asian groups in the US in median family earnings ranges. Taiwanese and Filipinos with USD 97,129 and USD 95,000 of median family incomes respectively are in second and third place
The median family earnings of Indians in the US is USD 123,700, nearly double the nationwide average of USD 63,922. About 79 per cent of Indians are college graduates, in comparison with the nationwide average of 34 per cent, according to the report.
In fact, Indians are ahead of other Asian groups in the US in median family earnings ranges. Taiwanese and Filipinos with USD 97,129 and USD 95,000 of median family incomes respectively are in second and third place.
Only 14 per cent of Indians reported median household earnings under USD 40,000 in comparison to 33 per cent nationally.
“People of Indian descent hold a significant share of jobs in several high-paying fields, including computer science, financial management and medicine. Nine per cent of doctors in the United States are of Indian descent, and more than half of them are immigrants,” the report said.
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