Editing Chinese Americans (section)

=== Economics ===
With their above average educational attainment rates, Chinese Americans from all socioeconomic backgrounds have achieved significant advances in their educational levels, occupational prestige, personal and household income, life expectancy, and other socioeconomic indicators. As the fulsome financial and socioeconomic opportunities offered by the United States have lifted many Chinese Americans out of poverty, and has allowed much of the community to channel their [[social mobility]] by elevating them into the ranks of America's [[American middle class|middle]] and [[Upper middle class in the United States|upper middle class]], as well as the enjoyment of substantially high [[quality of life|wellbeing]] relative to other minority ethno-racial groups in the United States.<ref name="U.S. census|">{{cite web|url=https://www.census.gov/apsd/wepeople/we-3.pdf|author=U.S. Government|title=U.S. economics|access-date=25 March 2012|url-status=dead|archive-url=https://web.archive.org/web/20100326163930/http://www.census.gov/apsd/wepeople/we-3.pdf|archive-date=26 March 2010}}</ref> Although the aggregate economic performance and situation of Chinese Americans remains highly positive, Chinese American wealth varies greatly by region across the country: For instance, in New York City, 22% of Chinese Americans live in poverty.<ref>{{Cite web |date=October 2008 |title=Working but Poor: Asian American Poverty in New York City |url=https://www.aafederation.org/doc/WorkingButPoor.pdf |website=Asian American Federation }}</ref>

Chinese Americans are more likely to own homes than the general American population. According to the 2000 U.S. Census, 65% of Chinese Americans owned a home, higher than the total population's rate of 54%.<ref>{{cite journal|title=ASIAN AMERICAN CHARACTERISTICS.doc|journal=ASIAN AMERICAN CHARACTERISTICS.doc|url=https://docs.google.com/viewer?a=v&q=cache:zXqF75nSoKMJ:www.aabronline.org/New%2520Updates/Newer%2520Updates/ASIAN%2520AMERICAN%2520CHARACTERISTICS.doc+Chinese+American+home+ownership+rate+%2B+Chinese&hl=en&gl=ca&pid=bl&srcid=ADGEESg-GtjaiCR5F3hQuAifCyZI29yR8IDn3O1eVHWhP5l-LRc74CCwaeJNrBjuFMylN8OBEHOrlHko00MOg5eK3dMxyGc7dJfbOmgTZoOy6BlJD4niucEVk9TYBoxLcvm7cJDAQS8U&sig=AHIEtbTblbEWxSMAQA3aIuayvuwr2eVeOA|access-date=10 May 2012|archive-date=27 September 2013|archive-url=https://web.archive.org/web/20130927195231/https://docs.google.com/viewer?a=v&q=cache%3AzXqF75nSoKMJ%3Awww.aabronline.org%2FNew%2520Updates%2FNewer%2520Updates%2FASIAN%2520AMERICAN%2520CHARACTERISTICS.doc+Chinese+American+home+ownership+rate+%2B+Chinese&hl=en&gl=ca&pid=bl&srcid=ADGEESg-GtjaiCR5F3hQuAifCyZI29yR8IDn3O1eVHWhP5l-LRc74CCwaeJNrBjuFMylN8OBEHOrlHko00MOg5eK3dMxyGc7dJfbOmgTZoOy6BlJD4niucEVk9TYBoxLcvm7cJDAQS8U&sig=AHIEtbTblbEWxSMAQA3aIuayvuwr2eVeOA|url-status=live}}</ref><ref>{{cite book|author=U.S. Census Bureau|title=Chinese American Demographics|year=2000|publisher=Améredia Incorporated.|url=http://www.ameredia.com/resources/demographics/chinese.html|access-date=10 May 2012|archive-date=15 April 2012|archive-url=https://web.archive.org/web/20120415181518/http://www.ameredia.com/resources/demographics/chinese.html|url-status=live}}</ref> In 2003, real estate economist Gary Painter of the [[University of Southern California]] Lusk Center for Real Estate Research found out that when comparing homeowners with similar income levels [[Los Angeles]], the Chinese American home-ownership rate is 20% higher than [[White American|Whites]]; in [[San Francisco]], 23% higher; and in the [[New York metropolitan area]], 18% higher.<ref>{{cite journal|last=Dooley|first=Tom|title={{!}} -A A +A Industry Watch: Chinese Lead Immigrant Groups in Homeownership|journal=National Association of Realtors|date=January 2003|url=http://realtormag.realtor.org/news-and-commentary/feature/article/2003/01/industry-watch-chinese-lead-immigrant-groups-homeownersh|archive-url=https://web.archive.org/web/20130420005827/http://realtormag.realtor.org/news-and-commentary/feature/article/2003/01/industry-watch-chinese-lead-immigrant-groups-homeownersh|url-status=dead|archive-date=2013-04-20|access-date=10 May 2012}}</ref> A 2008 Asian Real Estate Association of America report released on behalf of the American community survey, Chinese Americans living in the states of [[Texas]], [[New York (state)|New York]], and [[California]] all had high home ownership rates that were significantly near or above the general population average.<ref>{{cite journal|last1=Bryan |first1=Chiu |first2=Melany Dela |last2=Cruz-Viesca |title=Following the Path to Asian American Home-ownership |journal=Asian Real Estate Association of America (AREAA) Via American Community Survey |year=2008 |pages=9–11 |url=http://areaa.org/resources/AREAA_Demographic_Report.pdf |archive-url=https://web.archive.org/web/20121017233931/http://areaa.org/resources/AREAA_Demographic_Report.pdf |url-status=dead |archive-date=17 October 2012 |access-date=10 May 2012 }}</ref>

According to the 2020 U.S. census, Chinese American men had a full-time median income of $91,138 and Chinese American women had a median income of $75,148. Chinese Americans also have one of the highest [[Household income in the United States|median household income]]s relatively in comparison to their fellow East Asian American community counterparts. 

Despite overwhelmingly positive economic indicators and socioeconomic patterns compared to other non-white ethno-racial groups in the United States, a number of economic deterrents have been noted to afflict the Chinese American community including [[institutional racism|institutionalized discrimination]] against STEM researchers, engineers, and scientists of Chinese descent. While the median income of Chinese American households remains above most non-white ethno-racial groups in the United States, studies after the [[Great Recession]] revealed that East Asian men have witnessed the highest rate of persistent long-term unemployment.<ref>{{cite news |last=Hilburn |first=Matthew |title=Long-term Unemployment Hits Asian-Americans Hardest |url=https://www.voanews.com/a/long_term_unemployment_hits_asian_americans_hardest/1105574.html |work=VOA |date=25 May 2012 }}</ref> In addition, studies have shown that Asian Americans have been discriminated in companies with lower pay grades; even in larger high-tech corporate settings such as Google.<ref>{{cite news |last=Wakabayashi |first=Daisuke |title=Google Finds It's Underpaying Many Men as It Addresses Wage Equity |url=https://www.nytimes.com/2019/03/04/technology/google-gender-pay-gap.html |work=The New York Times |date=4 March 2019 }}</ref>

{| class="wikitable"
! rowspan="2" |Ethnicity
!Per Capita Income<ref>{{Cite web |title=Explore Census Data |url=https://data.census.gov/table?q=S0201.&t=-04 |access-date=2024-11-20 |website=data.census.gov}}</ref>
|-
!As of 2023
|-
|Taiwanese
|$83,811
|-
|Indian
|$72,389
|-
|Japanese
|$61,568
|-
|Chinese except Taiwanese
|$61,289
|-
|Filipino
|$47,819
|-
|Vietnamese
|$40,037
|-
|Korean
|$58,560
|-
|Total US Population
|$43,313
|}