Even British- and European-American households, who constitute much of what is white America, weighed in at only $ 75,000. "Much of that is owed to the education metric, which in turn leads to high incomes. Chinese-Americans households came 22nd at $ 68,672 and Pakistani-Americans 45th at $ 62,848.Even when income is examined on a per capita basis, by race and ancestry, Indian-Americans rank ninth with $ 44,098, not only well ahead of Chinese and Japanese, but also ahead of Irish, German, Italian ancestry Americans who constitute much of the United States. According to data from the 2013 American Community Survey, an astonishing 83 per cent of Indian-Americans who are over 25 have a college education: 40.6% have graduate or professional degrees, 32.3% have bachelor's degrees; an additional 10.4% have some college education.Consequently, this leads to high incomes; median household income of Indian-Americans topped $100k in 2013, with Taiwanese-Americans households a distant second with $ 85,466. And back home, two of his key economic advisors are NRIs of Indian-American persuasion.Such achievements, encounters, and connections help Modi talk-up India-US ties, and at the USIBC dinner, he described as a unique feature of the US economy the critical role played by the Indian-American community, observing, "it is rare that emigrants from one nation enjoy such high respect and reputation in both countries.

Source: Times of India June 08, 2016 06:40 UTC