Indian Americans among top earners in US
2
Representing 21% of the total
Asian American population
in the US, Indian Americans have established themselves as one of the nation's most financially successful immigrant communities, according to a
Pew Research Center study
released on May 1, reports Ashish Chauhan.
An estimated 5.2 million people in the US identified as Indian Americans in 2023, making them the second-largest Asian origin group in the nation. The population of those who identify as Indian alone (not in combination with any other race or ethnicity) grew from 1.8 million in 2000 to 4.9 million in 2023 — a 174% increase. The report reveals that Indian-headed households had a median annual income of $151,200 in 2023, while immigrant-headed households earned more ($1,56,000) than US-born counterparts ($120,200). This places Indian Americans among highest-earning demographic groups in the country. Personal earnings for Indian Americans aged 16 and older stood at $85,300, much higher than Asian average of $52,400. Their financial success is linked to their educational achievements, the study indicates. About 77% Indian Americans aged 25 and older hold a bachelor's or advanced degree, significantly higher than the 56% rate for Asian Americans overall. This educational advantage has translated into widespread professional success, with many entering high-paying fields.
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Business Standard
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Mint
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- Mint
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Mint
6 minutes ago
- Mint
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