US Census Update: Pakistani-Americans' Average Annual Household Earnings Estimated at $150,000

[RiazHaq]

US Census Update: Pakistani-Americans' Average Annual Household Earnings Estimated at $150,000

The average annual household earnings of Pakistani-Americans are $149,178, according to the latest update issued by the United States Ce...

www.southasiainvestor.com

The average annual household earnings of Pakistani-Americans are $149,178, according to the latest update issued by the United States Census Bureau for 2022. The update estimates the median income of 132,958 Pakistani-American households at $106,281. Average is calculated by adding up all incomes and dividing it by total number of households. Median income level divides the top 50% of families from the bottom 50%. It shows that Pakistani-American household incomes are roughly at par with the Asian-American households' median of $104,646 and average of $149,363. The highest income ethnic group in the US are Asian Indian households with a median of $152,341 and average of $197,732. Asians are significantly richer than Whites (mean $78,636, average $112,415) and African Americans (mean $52,238, average $76,888). The word "alone" in the labels in the following table excludes mixed race households.

South Asian Americans Households. Source: US Census Update 2022

Asians, including Chinese/Taiwanese, Indians and Pakistanis, tend to be concentrated in STEM (Science, Technology, Engineering and Technology) fields where incomes are generally much higher than in other occupations.

As of 2019, there were 35,000 Pakistan-born STEM workers in the United States, according to the American Immigration Council. They included information technologists, software developers, engineers and scientists. These figures do not include medical doctors and healthcare workers.

Foreign-Born STEM Workers in America. Source: American Immigration Council

Foreign-born workers make up a growing share of America's STEM workforce. As of 2019, foreign-born workers made up almost a quarter of all STEM workers in the country. This is a significant increase from 2000, when just 16.4% of the country’s STEM workforce was foreign-born. Between 2000 and 2019, the overall number of STEM workers in the United States increased by 44.5 percent, from 7.5 million to more than 10.8 million, according to American Immigration Council.

India and Pakistan Among Top 10 Countries Receiving US Immigrant Visas. Source: Visual Capitalist

India topped the top 10 list of foreign-born STEM workers with 721,000, followed by China (273,000), Mexico (119,000), Vietnam (100,000), Philippines (87,000), South Korea (64,000), Canada (56,000), Taiwan (53,000), Russia (45,000) and Pakistan (35,000). Enormous number of Indian STEM workers in the United States can at least partly be attributed to the fact that India's "body shops" have mastered the art of gaming the US temporary work visa system. Last year, Indian nationals sponsored by "body shops" like Cognizant, Infosys and TCS received 166,384 H1B visas for work in the United States. By comparison, only 1,107 Pakistanis were granted H1B visas in Fiscal Year 2022. In addition to H1B work visas, 9,300 Indian nationals and 7,200 Pakistani nationals received immigrant visas to settle in the United States as permanent residents in 2021.

Doctor Brain Drain. Source: Statista

In addition to 35,000 Pakistan-born STEM workers, there were 12,454 Pakistan-born and Pakistan-trained medical doctors practicing in the United States, making the South Asian nation the second largest source of medical doctors in America. Pakistan produced 157,102 STEM graduates last year, putting it among the world's top dozen or so countries. About 43,000 of these graduates are in information technology (IT).

H1B Visas Issued in Pakistan. Source: Visagrader.com

H1B Visas Issued in India. Source: Visagrader.com

Every year, applicants sponsored by Indian body shops claim the lion's share of H1B visas. In 2022, Indians received 166,384 new H1B visas, accounting for nearly three quarters of all such visas issued by the US government. The figures reported as India IT exports are in fact the wages earned by millions of Indian H1B workers in the United States.

Related Links:


Haq's Musings

South Asia Investor Review

Over a Million Pakistani University Students Enrolled in STEM Fields

2021: A Banner Year For Tech Startups in Pakistan

Pakistani-Americans in Academia

Top One Percent: Are Hindus the New Jews in America?

Growing Share of Working Age Population in Pakistan

Pakistan Scientific Output is World's Fastest Growing

India's Chandrayaan 3 Success: Can Pakistanis Explore Space?

Digital Pakistan 2022

Pakistan's Large and Growing Civil Nuclear Program

Riaz Haq's Youtube Channel


PakAlumni Social Network

US Census Update: Pakistani-Americans' Average Annual Household Earnings Estimated at $150,000

The average annual household earnings of Pakistani-Americans are $149,178, according to the latest update issued by the United States Ce...

www.southasiainvestor.com

 

[Hamartia Antidote]

Impossible. I heard from PDF that Asians are highly discriminated against in US company hiring practices.

Have people been lying?

 

[SoulSpokesman]

@RiazHaq

Brofessor sb,

Good to hear. Congratulations to all our PakAm friends here.

Regards

 

[ST1976]

US Census Update: Pakistani-Americans' Average Annual Household Earnings Estimated at $150,000

The average annual household earnings of Pakistani-Americans are $149,178, according to the latest update issued by the United States Ce...

www.southasiainvestor.com

The average annual household earnings of Pakistani-Americans are $149,178, according to the latest update issued by the United States Census Bureau for 2022. The update estimates the median income of 132,958 Pakistani-American households at $106,281. Average is calculated by adding up all incomes and dividing it by total number of households. Median income level divides the top 50% of families from the bottom 50%. It shows that Pakistani-American household incomes are roughly at par with the Asian-American households' median of $104,646 and average of $149,363. The highest income ethnic group in the US are Asian Indian households with a median of $152,341 and average of $197,732. Asians are significantly richer than Whites (mean $78,636, average $112,415) and African Americans (mean $52,238, average $76,888). The word "alone" in the labels in the following table excludes mixed race households.

​

South Asian Americans Households. Source: US Census Update 2022

Asians, including Chinese/Taiwanese, Indians and Pakistanis, tend to be concentrated in STEM (Science, Technology, Engineering and Technology) fields where incomes are generally much higher than in other occupations.

As of 2019, there were 35,000 Pakistan-born STEM workers in the United States, according to the American Immigration Council. They included information technologists, software developers, engineers and scientists. These figures do not include medical doctors and healthcare workers.

​

Foreign-Born STEM Workers in America. Source: American Immigration Council

Foreign-born workers make up a growing share of America's STEM workforce. As of 2019, foreign-born workers made up almost a quarter of all STEM workers in the country. This is a significant increase from 2000, when just 16.4% of the country’s STEM workforce was foreign-born. Between 2000 and 2019, the overall number of STEM workers in the United States increased by 44.5 percent, from 7.5 million to more than 10.8 million, according to American Immigration Council.

​

India and Pakistan Among Top 10 Countries Receiving US Immigrant Visas. Source: Visual Capitalist

India topped the top 10 list of foreign-born STEM workers with 721,000, followed by China (273,000), Mexico (119,000), Vietnam (100,000), Philippines (87,000), South Korea (64,000), Canada (56,000), Taiwan (53,000), Russia (45,000) and Pakistan (35,000). Enormous number of Indian STEM workers in the United States can at least partly be attributed to the fact that India's "body shops" have mastered the art of gaming the US temporary work visa system. Last year, Indian nationals sponsored by "body shops" like Cognizant, Infosys and TCS received 166,384 H1B visas for work in the United States. By comparison, only 1,107 Pakistanis were granted H1B visas in Fiscal Year 2022. In addition to H1B work visas, 9,300 Indian nationals and 7,200 Pakistani nationals received immigrant visas to settle in the United States as permanent residents in 2021.

​

​ Doctor Brain Drain. Source: Statista

In addition to 35,000 Pakistan-born STEM workers, there were 12,454 Pakistan-born and Pakistan-trained medical doctors practicing in the United States, making the South Asian nation the second largest source of medical doctors in America. Pakistan produced 157,102 STEM graduates last year, putting it among the world's top dozen or so countries. About 43,000 of these graduates are in information technology (IT).

​

H1B Visas Issued in Pakistan. Source: Visagrader.com

​

H1B Visas Issued in India. Source: Visagrader.com

Every year, applicants sponsored by Indian body shops claim the lion's share of H1B visas. In 2022, Indians received 166,384 new H1B visas, accounting for nearly three quarters of all such visas issued by the US government. The figures reported as India IT exports are in fact the wages earned by millions of Indian H1B workers in the United States.

Related Links:


Haq's Musings

South Asia Investor Review

Over a Million Pakistani University Students Enrolled in STEM Fields

2021: A Banner Year For Tech Startups in Pakistan

Pakistani-Americans in Academia

Top One Percent: Are Hindus the New Jews in America?

Growing Share of Working Age Population in Pakistan

Pakistan Scientific Output is World's Fastest Growing

India's Chandrayaan 3 Success: Can Pakistanis Explore Space?

Digital Pakistan 2022

Pakistan's Large and Growing Civil Nuclear Program

Riaz Haq's Youtube Channel

PakAlumni Social Network

US Census Update: Pakistani-Americans' Average Annual Household Earnings Estimated at $150,000

The average annual household earnings of Pakistani-Americans are $149,178, according to the latest update issued by the United States Ce...

www.southasiainvestor.com

Paksitan on second place, or, wikipedia has yet to be updated with new information

List of ethnic groups in the United States by household income - Wikipedia

en.wikipedia.org

 

[RiazHaq]

Some Americans saw big gains in wealth during the pandemic. Here's why. - CBS News

Some Americans saw big gains in wealth during the pandemic. Here's why.

Many U.S. households saw their wealth jump during the pandemic, new data shows. Here's how much the typical family is worth.

www.cbsnews.com

The racial group with the highest median wealth are Asian American households, with about $536,000 in assets. The Fed found that even as wealth inequality declined during the pandemic, income disparities worsened. Median incomes grew 3% compared with the previous survey, which covered 2017 through 2019.

--------------

Many Americans saw major gains in their wealth during the pandemic, boosted by rising home and investment values as well as federal stimulus payments, according to a new report from the Federal Reserve.

The net worth of the median U.S. household — the midpoint between the richest and poorest households — surged 37% to $192,900 between 2019 and 2022, according to the Survey of Consumer Finances, published by the central bank on Wednesday. The survey, issued every three years, provides insights into the financial health of households by examining income, wealth and debt.

Millions of households saw their wealth jump during the pandemic thanks to gains in the value of their homes and investments. Even people who rent their homes, and thus were locked out of the dizzying rise in real estate values since 2019, saw a bump in median wealth.

The pandemic-induced recession, which was short and brutal, cost 20 million jobs, but the rapid recovery, fueled by relief such as stimulus checks and extra unemployment aid, helped bolster many households. Gains were widespread across ages, races and education levels, the Fed said.

"Increases in both median and mean net worth were near universal across different types of families, grouped by either economic or demographic characteristics," the bank said in its analysis of the data.


The boost to many families' wealth helps explain the robustness of the economy this year, despite a flurry of interest rate hikes from the Fed that have made it more expensive to buy everything from homes to cars. Economists had been warning that the rate hikes could push the U.S. into a recession, but so far that hasn't happened.

 

[Muji.Iqbal]

Good to see that Pakistanis are an important part of educated people in USA, Sir.

But I think we should also solve problems at home (Pakistan) like the economy needs to be improved.

 

[RiazHaq]

Please read "The Other One Percent" by Chakravorty, Sanjoy; Kapur, Devesh; Singh, Nirvikar.

It explains that the vast majority of Indians who migrate to the United States are from privileged backgrounds in terms of caste, class and education. They have gone through “a triple selection” process that gave Indian-Americans a boost over typically poor and uneducated immigrants who come to the United States from other countries. The first two selections took place in India. As explained in the book: “The social system created a small pool of persons to receive higher education, who were urban, educated, and from high/dominant castes.” India’s examination system then selected individuals for specialized training in technical fields that also happened to be in demand in the United States. Kapur estimated that the India-American population is nine times more educated than individuals in the home country.

Here's an excerpt of it:

A major focus of this book is on demonstrating and understanding the multiple selections that shaped the Indian-American population. These selections applied not only to education (that, in terms of attaining college degrees, made the India-born population three times more educated than that in the host country and nine times more educated than the home country’s population) but also to class and caste (favoring, by large margins, the “upper” and dominant classes and castes of India), profession (engineering, IT, and health care), and both the region of origin (Gujarati and Punjabi were overrepresented in the first two phases, and Telugu and Tamil in the third phase) and region of settlement (in specific metropolitan clusters in and around New York City, the San Francisco Bay Area, Chicago, Washington, D.C., and Houston and Dallas). In addition to direct selection is what we call the “selection+” advantage: we suggest that group characteristics or norms, such as the fact that Indians had the highest propensity to live in married-couple households of any major immigrant group, added to the advantages of being an already selected group. We show, in particular, how family norms were useful in keeping the Indian-American poverty level low (under 5 percent) and family income high (the highest in the United States). It is also likely that the selection process enabled, without explicitly intending to, the generation of high levels of social capital (through linguistic/ professional networks such as Gujarati entrepreneurs in the hotel industry, Telugu and Tamil workers in the IT industry, IIT engineers, Malayali nurses, Bengali academics, etc.). Several linguistic subgroups, many with caste or clan affinities, with moderate to high levels of human capital, were also successful in creating “bonding” social networks and capital that enhanced their status.5 Even low-income groups, such as Punjabi
taxi drivers in New York, were able to create some social (bonding) capital. Several professional subgroups without kinship or linguistic affiliation—doctors and engineers, for example—were able to organize and prosper by creating bridging social networks and capital. Selection—broadly understood—is present as a primary or secondary theme in much of this book.

 

[ST1976]

Good to see that Pakistanis are an important part of educated people in USA, Sir.

But I think we should also solve problems at home (Pakistan) like the economy needs to be improved.

Pakistan's economy no bad. foreign reserve is also seen rising now. more Pakistan has project with China, Pakistan is little laggard but more healthy ......

 

[ST1976]

Paksitan on second place, or, wikipedia has yet to be updated with new information

List of ethnic groups in the United States by household income - Wikipedia

en.wikipedia.org

 

[hussain0216]

Look this is all good, and great job by all involved

But this is more to do with the U.S immigration system picking and choosing high potential migrants then anything else


If the U.S randomly let in as much indians as it could, the U.S would look like Bihar and U.P with street shiting , lynchings, rapes and all the rest of it


If you let in random trash, then don't be surprised they are going to cause a mess



However if you pick and choose the tiny 0.1% of indians who qualify from university or have skills, bring them to the U.S and give them a job then they are almost guaranteed to be successful


It's why countries glorifying these communities is stupid, because they are a consequence of the immigration system not necessarily natural talents of any particular group of people, indians regularly ignore this point



It's great however that Pakistani are moving up the ladder, our main enemy the hindus are from a nation of 1.4 billion THATS MASSIVE
So the top 1% of Indians represent a pool of 14 million people THATS MASSIVE
so its inevitable that certain indians will make good, but we can't allow this enemy to much space and we need to fulfill our own potential and push more of our population to succeed

 

[Muji.Iqbal]

American Politics...lol...it's real dirty...that's what somebody said.

 

[White and Green with M/S]

Good to see that Pakistanis are an important part of educated people in USA, Sir.

But I think we should also solve problems at home (Pakistan) like the economy needs to be improved.

First we need a sincere and honest political party to straight things up so economy will automatically Will be in the good position