(TruthAndLiberty.com) – A new report by the American Immigration Council showed that settled refugee communities in the United States are performing at a higher level than the national average on household income and entrepreneurship.
The report specifically found that over time refugees exponentially increase their salary while being in the country. On average, each refugee household that has been in the country for five years or less has an income of about $30,500 annually. However, after 20 years that income increases to $71,400, which is around $4,300 more than the national median income.
In creating this analysis the report uses data from the Census Bureau’s American Community Survey (ACS) for 2015 to 2019, placing their attention on 2.4 million people likely to be refugees because of either their country of origin or date of arrival in the United States, there is no information in the Census Bureau specifically focused on past or present immigration status.
There are approximately 3.5 million refugees in the country right now, and based on the 2.4 million sample group researchers determined that the group had earned around $93.6 billion in household income in 2019 collectively. This means that they had paid over $25 billion in taxes and close to $70 billion was left to them as disposable income.
The report which was released on World Refugee Day had clear results according to Nan Wu, the research director of the American Immigration Council. As she pointed out refugees “pay billions of dollars in taxes” and show exceptional entrepreneurial spirit with many of them being business owners. According to the report, 13 percent of refugees were entrepreneurs, while only 9 percent of the U.S.-born population were entrepreneurs.
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