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MIDDLE EASTERN AMERICANS AN AFFLUENT, UNTAPPED MARKET
Middle Eastern Americans – an affluent, untapped marketThe Middle Eastern American community is an untapped market group with strong purchase power estimated at $9 billion annually nationwide, $3.7 billion annually in Michigan and $2.4 billion in Washington DC. Source: Arab American Institute, Zogby Polls The median income for Middle Eastern American families is $52,300 in Michigan, $59,700 in Washington DC and $54,400 Nationwide, which is 4.6% higher than other American families. Source: Foreign Policy Magazine (June 2005), US 2000 Census Middle Eastern Americans have ownership in many businesses across North America. In Michigan alone, this number is larger than 10,000. Source: Arab American Institute, Zogby Polls Middle Eastern Americans are brand loyal, young, educated, and affluent. Whereas 20.3 percent of Americans hold college degrees, 36.3 percent of Arab Americans are college graduates. More than half of all Arab Americans own their home. Source: Arab American Institute, Zogby Polls Seventy Two percent of people of Arab descent in the United States work as managers or professionals, while the same is true for only 34 percent of the general U.S. population.
**Does not include Long Island and Yonkers
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