General Discussion
In reply to the discussion: Tables turning on majority-white voter populations [View all]bigtree
(93,823 posts)...not exactly upper income majorities in most US minority populations.
The annual buying power of the Indian-American community is among the highest per capita (per household) of all ethnic groups
Due to their higher levels of education, Indian-Americans have also become one of the highest earning immigrant groups in the U.S. Because they are located in urban areas and have greater number of wage-earners per household, the community has a considerably higher median income.
http://www.usinpac.com/indian-american-demographics/income-levels
wiki:
Asian Americans enjoyed higher median personal incomes than any other racial demographic. Asian Americans had a median income roughly ten percent higher than that of Whites The only exception was among the holders of graduate degrees who consititute 8.9% of the population. Among those with a Master's, Professional or Doctorate degree those who identified as White had the highest median individual income.. This racial income gap was relatively small.
Those identifying as Hispanic or Latino (who may have been of any "race"
had the lowest overall median personal income, earning 28.51% less than Whites and 35% less than Asian Americans. The second largest racial or ethnic gap was between Whites and African Americans with the former earning roughly 22% more than the latter. Thus one can observe a significant discrepancy with the median income of Asians and Whites and that of African Americans and Hispanics.
Overall the race gap between African Americans and Whites has remained roughly equal between both races over the past decade. Both races saw a gain in median income between 1996 and 2006, with the income growth among African Americans slightly outpacing that of Whites. In 1996 the median income for Whites was $5,957 (31%) higher than for Blacks. In 2006 the gap in median incomes was nearly identical with the median income for Whites being $5,929 (22%) higher than that for African Americans. While the gap remains numerically unchanged, the percentage difference between the two races has decreased as a result of mutual increases in median personal income. Measuring income by per capita is another way to look at personal earnings by race. Unlike median statistics, per capita statistics are affected by extremely high and low incomes. According to the U.S Census Bureau "The per capita income for the overall population in 2008 was $26,964; for non-Hispanic Whites, it was $31,313; for Blacks, it was $18,406; for Asians, it was $30,292; and for Hispanics(median of all races within group), it was $15,674".
http://en.m.wikipedia.org/wiki/Personal_income_in_the_United_States