Asian incomes in metro drops
Date: Friday, September 21 @ 08:35:08 CDT
Topic: Vol. XVI, No. 21
Median incomes of Asian Americans in the Washington metro area Declined to $83,908, according to the Washington Post. It said census figures reveal significant differences among the region’s racial groups and highlight several pockets of stark inequality. Although the median household incomes of the Washington area’s minorities are substantially higher than those of minorities and even non-Hispanic whites nationally, they remain well below the median incomes of the area’s non-Hispanic whites. In the Washington area, the overall median household income is $78,978. Non-Hispanic whites in the region have a median household income of $94,290, but the figure drops to $83,908 for Asians, $58,945 for Hispanics and $55,547 for blacks.
The Post said the disparities are particularly pronounced in the District, which ranks third in income inequality among cities with populations of 300,000 or more.
Non-Hispanic whites in the District have a median household income of $91,631, and the figure drops to $34,484 for blacks. Hispanic residents fare only slightly better, with a median household income of $43,547. Asians have a median household income of $67,137.
The median incomes of minorities are significantly higher in Washington’s suburban counties. Five of these — Fairfax, Loudon, Howard, Montgomery and Prince William - are among the 10 wealthiest large counties in the nation, while five others — Calvert, Charles, Arlington, Stafford and Alexandria - are among the 10 most prosperous small counties.
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