Asians Overtake Latinos in Immigration to the U.S.
Asians have outpaced Latinos in immigration to the US over the past two years, according to a recent Pew Research Center study. Noticeable trends include:
- In 2010, 36% of all immigrants to the U.S. came from Asia, versus only 31% from Latin America
- On average, many Asian immigrants came via work visas, and have achieved higher levels of education than other groups, with 65% of those between ages 25 and 64 holding at least a bachelor’s degree
- Level of education correlated positively with salaries, and Asian American households reported a median annual income of $66,000 in 2010, higher than that for both Latinos and the general U.S. population
The growing prominence of the Asian American market represents a valuable opportunity for businesses. By 2017, Asian Americans will have an estimated purchasing power of $1 trillion.
According to data from the 2010 U.S. Census, 51.6% of immigrants are Limited English Proficient. Limited English Proficient residents make up 9% of the total U.S. population.
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