The
B Mag is the Gateway To The Asian American Market When
you put your ad in The B Mag, your product or service
will be automatically be viewed in the Asian American
community, here are some facts that tell you how.....
• Asian Americans are the fastest
growing minority. Since 1990-2000 the overall growth
rate for Asian Americans was 106%. The Asian American
community grew at a rate of 48% from 1990-2000.
• The average household income
is $41,583, 18% higher than the national average. According
to data Asian Indians have the highest household income
of any major immigrant group in the US, $48320 (USA
Today, 11/5/1993) they spent 120 billion dollars in
1994.
• 80% of Asian American family
households were maintained by married couples and 42%
of these households had incomes of $75,000 or more.
• 44% of Asian Americans age
25 and over had a bachelor's or higher and 86% had a
least a high school diploma in 2000.
• In 1999, Asian Americans had
a record low poverty rate of 10.7%.
• Asian American families tend
to be rather large. The average family is 3.8% per household.
• High levels of education have
enabled Asian Americans to be become a productive segment
of population, with 72.3% participating in the workforce,
and an even higher 84% of men doing so. Of these labor
force participants, 43.6% are employed in managerial
and professional specialties.
• Asian Americans have attained
a high degree of professionalism. They are more prevalent
in the fields of science and technology.
• Asian Americans are also very
involved in academia. Over 5000 Asian Americans facility
members are teaching around the nation.
• Asian Americans have also become
successful entrepreneurs. The own around 12,500 hotels
with a total market value of their properties estimated
at 31 billion dollars.
• Over 30,000 Asian American
Medical Doctors are practicing in the United States
Today. The young age structure of the Asian American
community enabled them to achieve higher levels of education,
occupational prestige and one of the highest disposable
incomes over any minority group in the US today. This
is why this market in the one to target for Niche advertising
in this day and age. |