• Tuesday, February 25, 2025

Diaspora

Indians in US lead in wealth, college education: report

Representational Image. (Photo by Jamie McCarthy/Getty Images)

By: Shubham Ghosh

INDIANS in the United States, with an average household earning of $123,700 and 79 per cent of college graduates, have gone ahead of the overall population of the country in terms of wealth and college education, a media report has said citing the latest census data.

According to the New York Times’ analysis of the data, the number of people who identify as Asians in the US nearly trebled in the past three decades and Asians are now the fastest-growing of the country’s four largest racial and ethnic groups.

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About four million Indians reside in the US at the moment, of whom 1.6 million are visa-holders, 1.4 million are naturalised residents and a million are America-born residents.

The median family earnings of Indians in the US is $123,700, which is nearly double the nationwide average of $63,922, the report said, adding that 79 per cent of Indians are college graduates, compared to the nationwide average of 34 per cent.

Top manufacturing hub: India pips US to second spot

Indians have also been found to be ahead of other Asian groups in the US in median family earning ranges. Taiwanese and Filipinos with $97,129 and $95,000 of median family incomes, respectively, are in second and third spot. Only 14 per cent of Indians reported median household earnings under $40,000 in comparison to 33 per cent overall in the country.

“People of Indian descent hold a significant share of jobs in several high-paying fields, including computer science, financial management and medicine. Nine per cent of doctors in the United States are of Indian descent, and more than half of them are immigrants,” the report said.

Dr Nihit Gupta, a child psychiatrist, and his wife, Dr Shikha Jaiswal, a nephrologist, who are Indian, have been practising in West Virginia since 2016. “This place really embraces us. The whole state is underserved, and they value our work,” said 38-year-old Gupta.

Asian-Americans born in the US also tend to be younger — half of them being children. They are the children of older, naturalized citizens who immigrated to the country a generation earlier. As a growing group in American demographics, Asian-Americans are also playing an increasing role in the country’s electoral politics.

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