The Average Asian American Household Makes More Than Double That Of Blacks

Median household income differs significantly across racial and ethnic groups in the United States, with one group sitting well above the rest.

In 2024, Asian households reported a median income of $121,700, nearly $30,000 higher than White alone, non-Hispanic households and more than double the median income of Black households.

These differences reflect a mix of factors, including education, geography, occupation, household composition, immigration patterns, and historical inequalities.

This graphic, via Visual Capitalist’s Bruno Venditti, ranks median household income by race and Hispanic origin in 2024, using inflation-adjusted dollars.

The data for this visualization comes from the U.S. Census Bureau.

Asian Households Lead by a Wide Margin

Asian households had the highest median income in 2024, at $121,700. This was well above every other group shown in the Census dataset.

White alone, non-Hispanic households ranked second, with a median income of $92,530. Hispanic households followed at $70,950.

American Indian and Alaska Native households had a median income of $59,050, while Black households had the lowest among the listed groups at $56,020.

Asian households had a median income that was $29,170 higher than White alone, non-Hispanic households in 2024.

This group has ranked at the top of the dataset for every year shown, from 2002 to 2024.

It is important to note that these are median household figures, not individual earnings. Household income can be affected by the number of earners in a household, local cost of living, age distribution, educational attainment, and where people live and work.

A Persistent Income Gap

The gap between the highest and lowest median household incomes was $65,680 in 2024.

That difference compares Asian households at $121,700 with Black households at $56,020. In practical terms, the top group’s median income was more than double the lowest group’s.

The long-term trend also shows that these gaps have persisted across multiple economic cycles. While incomes have generally risen since 2002 in inflation-adjusted terms, the distance between the highest- and lowest-income groups remains substantial.

Hispanic Household Income Continued to Rise

Hispanic households had a median income of $70,950 in 2024.

That was up from $67,240 in 2023, and well above the 2002 level of $54,670 in 2024 dollars.

The Census Bureau defines Hispanic as people of Hispanic or Latino origin, regardless of race. This means Hispanic households can include people who identify with any racial group.

If you enjoyed today’s post, check out Number of Indian Tribes in the US on Voronoi.