By Anjana PV

Indian immigrants have emerged as one of the most prominent and prosperous Asian-origin communities in the United States. According to a recent Pew Research Center analysis of U.S. Census Bureau and American Community Survey (ACS) data from 2021 to 2023, the Indian-origin population reached an estimated 5.2 million in 2023. This makes them the second-largest Asian-origin group in the U.S., accounting for 21% of the Asian American population.

Income and Earnings

Indian American households reported the highest median annual income among all Asian groups, with a household median of $151,200 in 2023. In comparison, the overall median for Asian-headed households stood at $105,600. Interestingly, Indian immigrant households earned more than their U.S.-born counterparts. Indian households led by immigrants had a median annual income of $156,000, while those headed by U.S.-born Indians earned $120,200. On an individual level, Indian immigrants aged 16 and older had median annual personal earnings of $85,300, well above the Asian average of $52,400. Among full-time, year-round workers, Indians earned a median of $106,400, compared to $75,000 among Asians overall. Only 6% of Indian Americans were living in poverty in 2023—lower than the 10% recorded among Asians overall. This rate was consistent among both immigrant and U.S.-born Indians.

To read the entire article: https://www.financialexpress.com/business/investing-abroad-indian-american-households-earn-the-highest-median-annual-income-among-all-asian-groups-3838852/

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