East asian women dating disparity
But many Asian Americans are left behind with no or very little wealth.Although the data in this report do not allow for a further disaggregation by subpopulations, other data on employment and wages, for instance, suggest that some subpopulations such as Vietnamese-Americans are economically more vulnerable than other groups of Asian Americans.This view, though, is somewhat narrow as it overlooks the fact that the economic experience of Asian Americans tends to be more varied than that of whites.For instance, Asian Americans have higher family incomes than is the case for whites—,761 compared to ,950 in 2015—but their poverty rate is also higher, at 11.4 percent compared to 9.1 percent in 2015.It also means that many people cannot, for example, send their kids to the college of their choice, start and grow a business, or move to a new job and/or career.Differences in wealth are especially stark by race.African Americans and Latinos tend to have a lot less wealth than whites.
Focusing only on average or median wealth of Asian Americans can thus be misleading because doing so ignores a large share of Asian Americans who continue to struggle economically.
the fastest growing racial group in the United States.
In 2013, the last year for which complete data are available, Asian Americans represented a little more than 5 percent of the nation’s population and have grown faster than any other population group between 20.
Asian Americans, in comparison, are often heralded as the exception.
Their wealth on average and at the median tends to be comparable to that of whites—at least in the years since the Great Recession ended in 2009.