Asian Americans, The Fastest-Growing Cultural Segment, Boast High Incomes

The median income of Asian American households is 28% higher than the US population median ($63,420 vs. $49,580), and the average income for these households is about 17% higher ($78,600 vs. $67,320), according to [download page] Nielsen’s “State of the Asian American Consumer” report, released in November. In fact, fully 28.1% of Asian American households have incomes higher than $100K, compared to just 18.2% for the US as a whole. (more…)