tion level, with the exception of those with a master’s degree, which was topped by Asian males, and those with a professional degree, where Asian males were not sig- nificantly different from white males. In general, women in the most eco- nomically advantaged race groups usually earn less than men in the most disadvan- taged race groups. For example, a white female with master’s degree is expected to earn $2.4 million over a 40-year work- life. In comparison, a Hispanic male with a master’s degree is expected to earn $2.8 million. For Asian, black and Hispanic groups whose highest education completed is high school, the difference
between each
group’s work-life earnings was not large compared with the differences between these groups when they had higher levels of education.
Asian men and women with a bache- lor’s degree or higher had greater returns
on higher education than blacks or Hispan- ics of either gender. For example, an Asian female with a professional degree made $3.7 million in work-life earnings com- pared with $2.3 million for a Hispanic fe- male with a professional degree. Naturalized citizens saw a small yearly
increase in earnings over the native-born population ($1,210), but those who were not citizens made $2,446 less a year than the native-born citizen. Language spoken at home had an effect on earnings: those who spoke a language at home other than English saw a decrease in annual earnings after considering all other factors. Even those who speak English “very well” saw a decrease of $989 in an- nual earnings compared with English-only speakers.
Geography impacted earnings, showing
higher earnings in the Pacific states and in New England and the lowest earnings in East South Central states.
Data for this research comes from the 2006–2008 3-year American Community Survey. All estimates are presented in 2008 dollars and represent the amount of esti- mated money that one can expect to earn from ages 25 to 64.
*As with all surveys, statistics from sample sur-
veys are subject to sampling and non-sampling error. All comparisons made in the reports have been tested and found to be statistically significant at the 90 per- cent confidence level, unless otherwise noted. Please consult the data tables for specific margins of error. The American Community Survey is an ongoing survey of approximately 3 million addresses every year and provides one of the most complete pictures of our population available. While the 2010 Census produced a count of the nation’s population and basic demographics, the American Community Survey pro- vides statistics on more than 40 topics, such as income, educational attainment, housing, family structure and more. All survey responses are strictly confidential and protected by law.
Source: U.S. Census Bureau
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