According to a recent PEW Report:
"Asian Americans are the highest-income, best-educated and fastest-growing racial group in the United States.
A century ago, most Asian Americans were low-skilled, low-wage laborers crowded into ethnic enclaves and targets of official discrimination. Today they are the most likely of any major racial or ethnic group in America to live in mixed neighborhoods and to marry across racial lines.
Asians recently passed Hispanics as the largest group of new immigrants to the United States. The educational credentials of these recent arrivals are striking. More than six-in-ten (61%) adults ages 25 to 64 who have come from Asia in recent years have at least a bachelor’s degree.
This is double the share among recent non-Asian arrivals, and almost surely makes the recent Asian arrivals the most highly educated cohort of immigrants in U.S. history.
The modern immigration wave from Asia is nearly a half century old and has pushed the total population of Asian Americans—foreign born and U.S born, adults and children—to a record 18.2 million in 2011, or 5.8% of the total U.S. population, up from less than 1% in 1965.
But despite often sizable subgroup differences, Asian Americans are distinctive as a whole, especially when compared with all U.S. adults, whom they exceed not just in the share with a college degree (49% vs. 28%), but also in median annual household income ($66,000 versus $49,800) and median household wealth ($83,500 vs. $68,529)."
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