NEW DELHI — Indian American households have the highest median income among major ethnic groups in the United States, earning significantly more than the national average, according to a new report citing data from the Pew Research Center.
The report, published by The Australia Today, found that Indian American households report a median annual income of about $151,200, compared with roughly $83,700 for the overall U.S. median. That places Indian Americans nearly $67,000 ahead of the typical American household, or about 80 percent higher.
Despite representing a relatively small share of the U.S. population—about 4.8 million people, or roughly 1.4 percent—Indian Americans have an outsized economic presence. The report attributes this to strong participation in professional, technical, and specialized fields, based on Pew Research findings.
Even among other high-earning Asian communities, Indian Americans maintain a clear lead, the report noted.
Taiwanese American households rank second, with a median income of approximately $133,300. That leaves Indian American households earning about $17,900 more, or roughly 13 to 14 percent higher. Across all Asian American households, the median income stands at about $105,600, still well below that of Indian Americans.
The higher earnings also translate into a significant contribution to federal tax revenues. Indian American households collectively account for around 6 percent of total taxes paid, reflecting their concentration in higher income brackets and strong workforce participation.
Tesla CEO Elon Musk recently highlighted the contributions of people of Indian origin in the United States, particularly in fields such as engineering, science, and entrepreneurship. Addressing concerns about immigration and job competition, Musk said his companies often face challenges in finding highly skilled workers and rely on global talent to fill critical gaps.
Separately, the Indian government said earlier this month that India and the United States continue discussions aimed at reaching a mutually beneficial bilateral trade agreement. (Source: IANS)
