Indian Americans richest community in the US with median income of $100,547Washington: The median income of Indian-Americans, which is the richest ethnic community in the US, in the year 2013 was $100,547 (about Rs. 60 lakhs), Census Bureau said in its latest report.The figure is almost
Washington: The median income of Indian-Americans, which is the richest ethnic community in the US, in the year 2013 was $100,547 (about Rs. 60 lakhs), Census Bureau said in its latest report.
The figure is almost double the national median income and significantly more than even white, non-Hispanic Americans whose median income is approximately $57,000.
In its latest report, the US Census Bureau said Indian Americans are the third largest Asian community in the United States after Chinese and Filipinos.
The Chinese (except Taiwanese) population was the largest Asian group, followed by Filipinos (3.6 million), Indian American (3.5 million), Vietnamese (1.9 million), Koreans (1.8 million) and Japanese (1.4 million).
But when it comes to income, Indian Americans top the list. In contrast to the high-earning groups, the median income of Black-American households was $33,321 and that of Hispanic households was $39,005.
Indian Americans have been a historical constant on ethnic income list over the past few years. Half a decade ago, Indian Americans took home a median of $86,135. South African Americans slotted into second with median $81,912 take-home, while Filipino Americans had the third highest median income at $76,954.
The median income in 2013 for Indian Americans was $100,547; while for Bangladeshis, it was $51,331. The estimated number of US residents in 2013 who were Asian, either one race or in combination with one or more additional races was 19.4 million.
Previously, the census bureau's "American Community Survey in 2010" had put the Indian-American median family income at $86,135.
California has the largest population of Asian Americans (6.1 million).
The Asian population alone represented 37.7 per cent of the total population in Hawaii.
Though the census report did not address the religious angle, other surveys have long indicated that Jewish-Americans come closest to Indian-Americans in terms of income and education.