Interesting Facts About Asian Americans: America’s Fastest-Growing Racial Group

The month of May is nationally known to be Pacific Islander Heritage and Asian American Month. This month was set aside for everyone to take a close look at the Asian American and the Pacific Islander population in the US, one of the rapidly-growing racial groups in the country. This month should be celebrated the numerous ways in which this fastest-growing community is contributing to the future prosperity of United States.
asianAsian Americans are Americans of Asian origin. As used by the United States Census Bureau, Asian refers to any person having ancestral origins in one of the native peoples of South Asia, Southeast Asia, or East Asia. The term includes individuals who specify their race(s) as ‘Asian’ or reported entries like ‘Pakistani’ and ‘Other Asian’ or gave other comprehensive Asian responses.
Asian Americans without any other ancestry constitute 4.8 percent of the United States population while individuals who’re Asian only or even combined with one other race constitute 5.6 percent. As of 2012, the Asian Americans had the leading educational attainment level and average household income of a racial demographic in the entire nation, and in 2008, they had the leading average household income general of any racial demographic.
Despite holding the top median household income and educational attainment level of any racial demographic in the American society in a 2014 census carried out by the United States census bureau revealed that Asians in the United States 12 percent were living below poverty line that’s greater than non-Hispanic/White Americans who only have 10.1 percent of them living below poverty line. This is mainly because of a remarkable percentage of Asian Americans are all immigrants, and individually of race, immigrants are more likely to be poor than the native-born. If the country of birth and any other demographic factors are considered, Asian-Americans are no more likely to live in poverty than the non-Hispanic whites.
Here we outline 5 interesting facts about the diversity and strength of this great population:
1. Even though Asian Americans usually fare well in the United States’ economy, some ethnic groups are still struggling. Hmong Americans, the Asian ethnic subgroup from the China’s mountainous regions, have one of the lowest per capita incomes of any ethnic or racial group nationally. In 2010 the rate of unemployment for Laotians was at 9.1%, Cambodians was 9.2%, the Vietnamese were at 6.8%, the Hmong community was at 9.9%, and all Pacific Islanders were at 9.9%. Likewise, nearly one out of five Bangladeshi and Cambodian Americans lives in poverty.
2. There were over 17 million Americans of the Asian descent in 2010. In 2010, 17.3 million Americans of Asian descent constituted 5.6% of the entire United States population. Almost half of the Asian population -46% -lives in the western US. According to the National Population Projections of United States Census Bureau from 2008, by 2050 about 8 % of the United States population (7.79%) will identify as Native Hawaiian, Asian, or Pacific Islander only.
3. Arizona and Nevada have seen drastic rises in their Asian populations. Asians constitute the highest share of the population in the California (14.9%) and Hawaii (57.4%), but the Asian population has increased in size so swiftly in Nevada (116% from 2000 to 2010) and Arizona (94.6% in the similar years). Other major states which have experienced fast Asian population growth include Ohio (49%) and Virginia (71%).
3. The Asian population is increasing at a high rate. The Asian population increased by over 45% from 2000 to 2010—a rate quicker than any other main race group—based on the United States Census Bureau. Also, the South Asian American population rose at an even quicker pace -78% over the previous decade. From 2000-2010, the Asian population grew by 30% or more in each state except Hawaii, based on the 2010 Census.
4. Close to 3/5 of foreign-born Asians are naturalized United States citizens, meaning they’re eligible to vote. In 2010, 2/3 of those who recognize themselves as Asian only were foreign-born (66.5%). Of these foreign-born residents, 57% were naturalized citizens. Over 250,000 Asian American immigrants finally became United States citizens in 2010 alone.
5. Asians contribute to US economy as entrepreneurs and consumers. The full purchasing power of Asians add up to $543.7 billion in 2010 and is expected to reach $775.1 billion by 2015. Also, Asian entrepreneurs own over 1.5 million American businesses and provide over 3 million job opportunities.

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