Average Household Income by Race, Ethnicity

9 Feb 2024 | Debater Resources

The latest Census data is out on income levels by ethnicity. The good news is that the latest data flatly contradict the left’s narrative that America is “systematically racist.” As the chart below shows, by far the most affluent group is NOT whites, but Asians.

Remarkably, immigrants from one of the poorest countries in the world — India — are doing phenomenally well. Indian Americans are the richest ethnic group with an average income DOUBLE that of whites.

We’re happy to report that Hispanics are climbing the ladder of economic opportunity and now have an average income of $58,000. Sadly, black Americans are lagging behind. Hispanics have moved ahead of blacks.

Why? If the Democrats really believed that “black lives matter,” they’d do more to expand educational opportunities in the inner cities, promote fatherhood, and stop treating blacks as victims. The “systemic racism” argument has become an all-too familiar excuse for failure.

View the article on the Committee To Unleash Prosperity’s website.

 

 

John C. Goodman is President of the Goodman Institute and Senior Fellow at The Independent Institute. His books include the soon-to-be-published updated edition of Priceless: Curing the Healthcare Crisis, the widely acclaimed A Better Choice: Healthcare Solutions for America, and New Way to Care: Social Protections that Put Families First. The Wall Street Journal and National Journal, among other media, have called him the “Father of Health Savings Accounts.”

2 Comments

  1. I am program chairman for the Rossmoor Republican Club in Walnut Creek, CA. We have a monthly dinner meeting and would like to invite Mr Goodman or an associate to be a speaker at our monthly meeting. We have openings this spring. Your can call me at 415722.2037

    Reply
    • Hi David, I’m afriad we’re going to have to pass.

      Reply

Submit a Comment

Your email address will not be published. Required fields are marked *