Based on recent economic data, the Asian alone demographic group has the highest median household income in the United States.
While the term "salary" often refers to an individual's earnings from employment, "median household income" is a broader measure that represents the income of a household (which can include multiple earners) where half the households earn more and half earn less. It serves as a key indicator of economic well-being for different demographic groups.
Median Household Income by Ethnicity (2023)
The following table illustrates the median household income for various ethnic and racial groups in the U.S.:
Characteristic | Median Income in U.S. Dollars |
---|---|
Asian alone | 112,800 |
White alone, not Hispanic | 89,050 |
Hispanic (of any race) | 65,540 |
American Indian and Alaska Native alone | 57,270 |
As observed, the median household income for Asian households significantly surpasses that of other listed groups, highlighting their strong economic standing in terms of collective household earnings. This data provides insight into the economic landscape and disparities among different ethnic groups in the country.