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Anyone who has lived in New York City (yours truly included) can attest to just how expensive it is to live in these cities.

Therefore, Asian Americans may earn more but they also have to spend more to survive.

In the corporate world, Asian Americans are underrepresented as CEOs, board members, and high-level supervisors -- just like Blacks, Latinos, and American Indians.

This is not to say that there aren't Asians Americans out there who are quite successful and have essentially achieved the American dream.

As their socioeconomic attainment levels clearly illustrate for example, Asian Indians consistently outperform not only other Asian ethnic groups but Whites in several achievement measures, sometimes by a large margin.

And of course, you'll find plenty of examples of Asian Americans who are quite affluent and successful, and as Asian Americans, we should rightly feel proud of these examples of success.

These numbers tell you that among the five major racial/ethnic groups in the U.

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The data in the following tables was calculated using the 2000 Census Public Use Microdata Samples, and they compare the major racial/ethnic groups among different measures of what sociologists call "socioeconomic achievement." To view the full-size table of statistics, click on the graphic below.As we will see, many other statistics show that Asian Americans are still the targets of racial inequality and institutional discrimination and that the model minority image is a myth.Again, we need to remember that not all Asian Americans are the same.In contrast, returns on each additional year of education for a Japanese American is only 8. Recent research from scholars such as Timothy Fong, Roderick Harrison, and Paul Ong, to name just a few, continues to confirm these findings that controlling for other variables, Asian Americans still earn less money than Whites with virtually equal qualifications.Once again, for each statistic that suggests everything is picture-perfect for Asian Americans, there is another that proves otherwise.

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