- Weather | Horoscope | Stocks
expressindia web
HomeBlogsCricketAstrologyShoppingTendersClassifieds OpinionsTravel Career
| Make this your homepage | Archive
Expressindia » Story

Indians most affluent, educated in Silicon Valley

Font Size -

Posted online: Monday , November 19, 2007 at 12:00:00


Silicon Valley, November 19: Indians in Santa Clara County, home of the Silicon Valley, have the highest median household income, own the most valuable homes, and are the best educated, according to a latest Census report.

The report which provides a snapshot of Santa Clara County, one of the only two counties in the country, shows that Indians have median income of USD 116,240, which is about 44 per cent above the county's median of about USD 81,000, said the San Jose Mercury News.

The report profiled the four largest immigrant communities -- Indians, Mexicans, Chinese and Vietnamese. It found that although three-quarters of the Indian population was born abroad, they own the most valuable home of about median home price of USD 860,000, compared with the county's price of USD 743,000.

More than four in five Indian adults have at least a bachelors' degree and Indians are most likely to be white-collar professionals, with about 80 per cent engaged in management, professional and related occupations.

Kailash Joshi, a prominent Indian entrepreneur here, told the Mercury News that he believes Indians flourish in the US not just because of their commitment to education, but because their native country prepared them for America's ethnic, linguistic and religious diversity, and its aggressive market economy.

A significant share of the valley's Chinese population lacks an advantage its Indian counterpart enjoys - English.

Almost 40 per cent of Chinese, which is twice the share of Indians, is not fluent in English. Despite that they thrive in business.

Rate this Article
7
Rating
Bookmark this Page
Ads by Google
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views represented here are not neccesarily endorsed by www.expressindia.com and its allied websites. All messages will be moderated and no message that has inflammatory, abusive, derogatory language or any language deemed unfit for publication by the editor will be displayed. Though it will be endeavoured that as many messages as possible be displayed, there will be time lag between the submission and publication of the messages. The website reserves the right to publish or reject any message.
I agree to the terms of use.
Irony by NR on 20 Nov 2007

and they dont hire a gora to mow their lawn or clean dishes , dont go to expensive restaurents, dont take holidays and dont fly air india ,dont lobby for india in US and feel good when their children speak in americal accent but struggle with hindi ! I dont know why Resident Indians are so obsessed about NRI's

friend by malli on 19 Nov 2007

hai hallo how r u what r u doing

Good news!! by KK on 19 Nov 2007

That is a really good news. However I would be far more happier, if we, had made Bangalore or any city in India on par with the Silicon Valley in US. They have the best education, best degrees, English speaking but when can we develop our country as a cutting edge player at least in the IT sector? Though we trumpet a lot about our IT success, how many IT professionals really think we are ahead? What we have is still a large pool of young, talented, english speaking, hardworking youth. Though we are catching up, why cannot more investments come into the R

Its a labour work which Americans don't like too much by Ventkat on 19 Nov 2007

How many of the are scientists ? None.Indian techies work like donkeys and develope lots of desease in the process. They work 16 hours a day minimum and do not leave the house on weekend also.

© 2008 Indian Express Newspapers (Mumbai) Ltd. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map