Indians are Highest Earners in the US


PTI

Washington, Feb 21: India-born American residents, numbering over 1.5 million, are the best educated among all the foreign born communities in the US and are also the highest earners in the country, latest census has revealed.

The median household income for US residents born in India is USD 91,195 against a USD 50,740 average for the total population, the data said.

Besides, the overall median household income for foreign-born and native US residents is USD 46,881 and USD 51,249 respectively.

Among all foreign-born residents, a massive 74 per cent of Indians have bachelor's or higher degree, as compared to a 27 per cent average for all foreign-born residents, the US Census Bureau has said drawing on data from the 2007 American Community Survey. The data reveals that only 28 per cent of natives in America have bachelor's degrees.

Overall, about 85 per cent of the total US population -- 68 per cent of the foreign-born and 88 per cent of the native-born -- are high school graduates.

Egypt and Nigeria have rates above 60 percent while about 80 per cent of the US residents born in China are high school graduates.

Numerically, ethnic Indians with 1.5 million population rank fourth after Mexicans (11.7 million), Chinese (1.9 million) and the Philippines (1.7 million). 

  

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Comment on this article

  • Maxim menezes, Mangalore

    Tue, Feb 24 2009

    Mr Willium D,Souza Just because the M.B.A,s not hired in India does not mean they are not good enough they may have their own capabilities or that does not mean that the street smart buisness men are good hirers dont think U.S Employers are fools they are quality employers they dont only see the street smartness but the good qualities of person like the willingness to work a extra mile for their company I dont mean to compare every thing has its value and place, its a big subjet to discuss so I wind up

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  • WILLIAM DSOUZA, UDUPI/KUWAIT

    Sun, Feb 22 2009

    I dont understand how people who dont do well in India - get to the top in America - In india MBA's dont do that well as in the US - Look at our Industrialist and their Best brains they employ - you will see that they are not MBA's but street smart businessmen.Americans be yourselves before India INC takes over.

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