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Indian Americans are the least poor among Asians in the United States | Data

Indian Americans are the least poor among Asians in the United States | Data

The Hindu
Friday, April 12, 2024 12:35:00 AM UTC

Only 6% of Indian Americans lived along or below the poverty line as of 2022 in the United States. Half of the Asian Americans who lived in poverty said that their ‘American dream’ was out of reach.

Only 6% of Indian Americans lived along or below the poverty line as of 2022 in the United States. This is the lowest share among the various Asian groups that live in the country, according to a recent Pew Research Center report. Most Asian Americans who lived in poverty felt that their ‘American dream’ was out of reach as they struggled to pay bills and turned to charities, friends, and family for food and employment. Pew’s analysis was based on the U.S. Census Bureau’s 2022 American Community Survey (ACS) and Pew Research Center’s 2022-23 survey of Asian American adults, conducted between July 2022 and January 2023, with 7,006 respondents.

While Asian Americans are considered educationally and financially successful compared to other racial and ethnic groups, there are wide economic and educational differences within the group. As Chart 1 shows, the highest poverty rates were seen among Burmese (19%), Hmong (17%), and Mongolian (16%) Americans, while the lowest poverty rates were seen among Indian (6%), Sri Lankan (6%) and Filipino (7%) Americans. Chinese, Bangladeshi, and Pakistani-origin Americans were in the middle with poverty rates of 11%, 12% and 13%, respectively.

Chart 1 shows origin-wise share of Asian Americans who lived along or below the poverty line as of 2022.

Chart appears incomplete? Click to remove AMP mode

Among Asians living along or below the poverty line, 57% were immigrants and 43% were born in the U.S. About 23% of them were teenagers, 26% were aged 18-29, and 21% were aged 30-49 (Chart 2). Close to half of them had completed high school or less. The poverty levels among those with college degrees saw a drastic decline.

Chart 2 shows the share of Asian Americans living along or below the poverty line by their nativity, age, employment status and education level.

Close to 42% of Asian adults who lived near or below the poverty line in the U.S. said they had trouble paying bills in the past year, compared with just 17% of those who lived above the poverty line (Chart 3). Similarly, 38% and 33% of those who lived near or below the poverty line had got food from a charity and had problems paying rent/mortgage in the past year, respectively, compared with just 6% and 11% among those above the poverty line, respectively. Moreover, 28% of those near or below the poverty line had trouble paying for medical care in the last year, compared with 14% above the poverty line. 

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