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The U.S. Asian Population – The Fastest-Growing Median Household Income and Racial Group
TUESDAY, APR 19, 2022
It’s not just the Asian population that’s one of the fastest-growing racial groups in the U.S. – it’s their median household income, as well. A Social Explorer analysis of newly released 2016-20 American Community Survey data finds the median income for Asian households has grown 11.9 percent over the last decade to $91,775, faster and higher than any other race in the country. The household income for the typical Asian household rose by three digits in Brazos County, Texas (+122.8 percent to $49,107) and Falls Church City, Va. (+105.6 percent to $135,536) between 2010 and 2020.
The typical Asian household reported a six-figure income in 64 U.S. counties where Asian-Americans made up 5 percent or more of the population. Asian household incomes were highest in Loudoun County, Va. ($170,117); Somerset County, N.J. ($165,474); and Mercer County, N.J. ($160,465) – far more than the typical U.S. household, which reported $64,994 in income, a 5.2 percent increase over the decade.
Check out the growth in median household income for the Asian and other populations over the decade with Social Explorer’s customizable reporting and mapping tools.
Change in Asian Median Household Income, 2010-2020. Click here to explore further.
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