Looking for Ways to Celebrate Asian Pacific Heritage Month? Bust the ‘Model Minority’ Myth and Push for Disaggregated AAPI Data
The Color of Wealth in Los Angeles, a joint publication of Duke University, The New School, UCLA and the Insight Center for Community Economic Development, which was released on March 10, examines the economic disparities faced by several ethnic communities in the Southland and found that a number of Asian American communities have much lower income and net worth than White Americans. For example, the median total assets possessed by Korean Americans in the Southland is only $28,000 and $40,000 for Vietnamese Americans. White Americans in Los Angeles, by contrast, have a median total assets exceeding $350,000. Similarly, the per capita income in Los Angeles for some AAPIs is significantly lower than for Whites; the per capita income for Tongans is a mere $8,146, for Cambodians, $14,276, and for Bangladeshis $18,909 while the income for Whites is $47,503, according to the 2006-2010 American Community Survey.