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
You are some type of south Asian /south eastYou don't have permission to view the spoiler content. Log in or register now.
Do you have the actual quote and thread?
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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Exactly, how was this study conducted, what was the pool of people surveyedHow is this measured? Is it self reported? Our people are notorious for under reporting their income/finances.mo
We already analyzed these numbers they mainly represent our parents generation most Somalis in America are 25 and under just imagine how many educated Somalis will enter the workforce in 10 years things will change in a positive way inshallahYou don't have permission to view the spoiler content. Log in or register now.
Our parents that work file their taxes like every other hard working American.Exactly, how was this study conducted, what was the pool of people surveyed
@Chaseyourdreamzz @zeilaprimeHow is this measured? Is it self reported? Our people are notorious for under reporting their income/finances.
Our parents that work file their taxes like every other hard working American.
@Chaseyourdreamzz @zeilaprime
A lot of old Somalis are still working low wage jobs here in america. You can find the old heads driving Uber, working in warehouses, and even working random shitty jobs at the airports.
I be feeling bad for the ones working at the airport ngl. These old Somali ladies are making poverty wages doing janitorial work at the airport. The ones still working won't be able to retire comfortably anytime soon without the help of their kids.
150 000 x 3.800 is 570 million dollars a year.
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Wow i never thought of it like that. I had always assumed they wiukd have been able to accurately assess somali wealth due to us oaying taxes to the irs. But I guess it makes sense that you won't be able to actually use that info to research a community since you cant necessarily distinguish somalis with this dataSomali 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.
View attachment 373264
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%.
View attachment 373260
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.
View attachment 373263
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 reflects just a portion of the total of what they send. Additional seperate direct investments show Somali Americans investing $5,000–$50,000 per person, sometimes up to $100,000, into productive sectors in Somalia.
View attachment 373265
This demonstrates that Somali Americans are among the largest investors and remittance senders into Somalia, indicating significant available capital.
View attachment 373262
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.
View attachment 373266
View attachment 373267
A lot of older-first generation Somalis worked in a wide range of service sector jobs everything from social services and healthcare to accounting, farming, pharmacy, butchery, childcare, trucking, and even running their own businesses.
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Although it often goes unmentioned, there are even Somali construction crews operating in places like Minnesota and Ohio.
Research has shown that many Somalis hold multiple jobs and often run side businesses at the same time.
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While some may have started out in retail or airport jobs when they first arrived, they eventually moved beyond those roles , pursuing education and starting their own businesses.
Here’s an example:
Listen to this man explain what it was like when he first arrived and how he strategized his success which mirrors the approach of many Somalis. (He later earned a master’s degree and now owns several businesses and a venture capitalist firm.)
Remember the quote I shared earlier? Do you really think Somalis could send $3,800–$5,000 each per year back home while earning poverty level wages?
For reference, the individual cited as an example in this article was an accountant and although the study doesn’t clarify this, much of that money is likely direct investment rather than just personal remittances:
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Somalis abroad are rebuilding their war-torn country through selfless giving
At the end of every month, Ahmed Abubakar walks to a local money transfer agency in Memphis, Tennessee to send money to the Horn of Africa. Abubakar, 29, works as an accountant and the cash is wired to his mother and siblings who now reside 8,000 miles away in Nairobi. It also goes to friends...www.hiiraan.com
Also, @Atoosh mentioned welfare/government assistance. The truth is that most Somalis in America are self-reliant, with a self-support index of around 80 for over two decades.
In fact, the counties with the highest concentration of Somalis also have the highest employment and self-support rates, because they create opportunities and hire from within their own communities.
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It also explained here as well: Extremely few Somalis even receive government assistance:
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Honestly, believing Somalis can support themselves on poverty wages without government assistance while still sending huge sums back home is just delusional.