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Why Indians Are Among The Highest-Earning Ethnic Group In USA, Even Ahead Of Americans
MSN ^ | 06/02/2024 | Gursharan Bhalla

Posted on 06/02/2024 5:23:06 PM PDT by SeekAndFind

Earlier in 2023, top American lawmaker Rich McCormick, while addressing the US House of Representatives, said that Indian-Americans constitute about one per cent of the US population but pay about six per cent of the taxes. Does it ring a bell?

Interestingly, Indians are the highest-earning ethnic group in the US — ahead of people from countries like China and Japan.

How many Indians are there in the US and how much are they earning?

The number of people identifying 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.

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, compared to the nationwide average of 34 per cent, according to the report.

In fact, Indians are ahead of all the other ethnic 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.

But why? The data highlights that 79 per cent of the Indian-American population in America holds a Bachelor's degree, while the national average is just 28 per cent, surpassing the overall American population in terms of wealth and college education.

In January 2023, Harsh Goenka, chairman of RPG Enterprises, took to Twitter to share a chart that shows Indian Americans having the highest median household income in the US.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Society
KEYWORDS: ethnicgroups; income; indian; indians; success; wboopi
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1 posted on 06/02/2024 5:23:06 PM PDT by SeekAndFind
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To: All

The reservation is full of poor Indians. Poverty level.


2 posted on 06/02/2024 5:24:55 PM PDT by BipolarBob (If at first you don't succeed then skydiving is not for you.)
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To: SeekAndFind

I thought Nigerian-Americans had edged the Indians out, although there are fewer Nigerians. I’m going to suggest that education and hard work are the key.


3 posted on 06/02/2024 5:24:55 PM PDT by Tax-chick (Sounds like a great idea, with the best of intentions. What could possibly go wrong?)
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To: SeekAndFind

It’s the 7-Elevens. Super profitable, and you have to have a slight India accent to run one...


4 posted on 06/02/2024 5:25:33 PM PDT by fhayek
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To: SeekAndFind

I know several people from India. All are brilliant. And very nice.


5 posted on 06/02/2024 5:25:59 PM PDT by Veto! (FJB Sucks Rocks)
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To: SeekAndFind

Step into a convenience store.
There’s an Indian behind the counter.
The smell of Drakkar noir overwhelms you.


6 posted on 06/02/2024 5:26:01 PM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: SeekAndFind

I’d say about half of them live within a 5 mile radius of me.....and they all drive Teslas.


7 posted on 06/02/2024 5:26:15 PM PDT by ealgeone
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To: SeekAndFind

And Jewish Americans?


8 posted on 06/02/2024 5:26:25 PM PDT by Labyrinthos
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To: SeekAndFind

Why?

I don’t believe you should ask that question.


9 posted on 06/02/2024 5:27:15 PM PDT by jeffersondem
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To: ealgeone

I’d say about half of them live within a 5 mile radius of me.....and they all drive Teslas.


Don’t tell me....Frisco, Texas?


10 posted on 06/02/2024 5:29:10 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Tax-chick

My MD is from Nigeria. A certain tribe there is known for their high IQs and are fast-tracked for immigration.

My MD didn’t go to med school in the US, where they are funded by BigPharma. So he literally prescribes 9 nutritional supplements for me, far more interested in keeping me healthy than curing me. He also was smart enough to NOT recommend the vax.

As far as I’m concerned, BigPharma is a drug cartel.


11 posted on 06/02/2024 5:29:52 PM PDT by Veto! (FJB Sucks Rocks)
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To: SeekAndFind

H1B visas for IT companies


12 posted on 06/02/2024 5:30:00 PM PDT by JSM_Liberty
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To: dfwgator

A tad further east.


13 posted on 06/02/2024 5:30:01 PM PDT by ealgeone
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Comment #14 Removed by Moderator

To: ealgeone

Seems like they are all over North Texas, I see Indian Supermarkets everywhere.


15 posted on 06/02/2024 5:30:46 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: SeekAndFind

Thomas Sowell has some videos on youtube discussing Indian emigres to other countries. One I watched was an overview of their presence in East Africa. They find their niche in a society and get industrious. It doesn’t always turn out well for them. But they are proactive.


16 posted on 06/02/2024 5:31:29 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: JSM_Liberty

They’ve now moved up the management chain, and of course, they only hire other Indians.


17 posted on 06/02/2024 5:31:59 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: ealgeone

High Schools here are pretty much almost all Indians. And of course only Indians seem to make the Honor Rolls.


18 posted on 06/02/2024 5:33:07 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Labyrinthos
And Jewish Americans?

Perhaps they have assimilated?

19 posted on 06/02/2024 5:33:09 PM PDT by MinorityRepublican
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To: SeekAndFind

Also why Cricket is the fastest-growing sport in the US.


20 posted on 06/02/2024 5:33:41 PM PDT by dfwgator (Endut! Hoch Hech!)
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