ts was about Somalis average household income in the US
usually the discussion goes left when people start to troll
or accuse others of trolling
usually the discussion goes left when people start to troll
or accuse others of trolling
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Yea were ranked at the bottom because most of our families came here as broke refugees. 1st and 2nd gen Somali Americans are raising the average just by obtaining better paying jobs. Our parents are the ones that are primarily stuck working low wage jobs.This data is evolving quickly, as recent generations of Somali Americans have been completing higher education and advancing economically. It’s also important to note that the figures may not fully reflect households receiving government assistance while earning unreported income. From my personal observations, Somali Americans are doing significantly better economically today than they were just a decade ago.
Many younger generation Somalis are entering high-demand fields such as technology and healthcare, where they are earning high incomes.
Yeah but its not a good look at all, really tired of itHow is this measured? Is it self reported? Our people are notorious for under reporting their income/finances.
Somali American household income is often underreported due to the prevalence of informal work, cash businesses, and self-employment within the community.
A similar pattern has been observed among Somali immigrants in the UK, where self-employment and informal labor markets mask the true economic picture.
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This phenomenon is not unique to Somali Americans. For instance, many Chinese and Korean immigrants operate family-owned businesses such as restaurants, laundromats, and beauty supply stores and often report lower taxable income due to reinvestment. Later studies revealed that their real household wealth and economic power were far greater than official income reports suggested.
Similarly, early U.S. census data suggested that Nigerian Americans had average earnings similar to African Americans (~$45K). Later research showed that Nigerian Americans had higher levels of entrepreneurship, education, and professional careers, which pushed their true median household income to over $68K, among the highest of all Black groups in the U.S.
In terms of self-employment and entrepreneurship, about 1 in 5 Somali Americans is a business owner, according to the Somali American Chambers of Commerce. Ohio alone has 15,000 Somali-owned businesses, representing a business ownership rate of 20% much higher than the U.S. average of 6% and the immigrant average of 10%.
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Their website highlights that Somali businesses have revitalized the manufacturing and service sectors, with local congressmen personally thanking the Somali Commerce community. Taxes generated by these businesses help fund schools and transportation projects.
An indirect way to estimate Somali American earnings is by looking at remittances sent back to Somalia. A 2013 study estimated:
150 000 x 3.800 is 570 million dollars a year.
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For Somali Americans to send $3,800 per person annually, they likely earn at least $60K per year. Other surveys report remittances of $423 per month ($5,000 per year), this only eflects just a portion of the total of what they send. Additional direct investments show Somali Americans investing $5,000–$50,000 per person, sometimes up to $100,000, into productive sectors in Somalia.
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This demonstrates that Somali Americans are among the largest investors and remittance senders into Somalia, indicating significant available capital.
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The Somali American business class regularly meets with international/Somali entrepreneurs to invest in East Africa, showcasing the substantial economic resources and outward investment capacity of the community.
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