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Profile of the Russian Market/New York Metro Area

PROFILE OF THE RUSSIAN MARKET

 

FACTS

 

          Russian-American market is 5.1 million consumers – 2.04% of the US Population and the average of 4.5% population of the top 10 metropolitan areas.  

 

          Russian-American market has one of the highest households incomes in the US - $51,000, surpassing Non-Hispanic White population ($46,000), Hispanic population ($33,000) and African-American population ($30,000). 

 

          Members of the Russian-American Market also have the highest level of educational attainment in the US – 52% of the population has Bachelors Degree or higher, surpassing Asian market (44%), Non-Hispanic White (28%), African-American (17%) and Hispanic (11%).

 

MARKET GROWTH

 

          Russian-speaking population is rapidly growing. In the last two years, market growth rate increased almost 50% due to strong immigration and natural birth.

 

          81% of the Russian-speakers are not US-born.

 

          In-Language preference is 76%

 

          Majority of the Russian-speaking US market was born in the former Soviet Union and exhibit a very strong preference for in-culture and in-language communications.

 

DISTRIBUTION

 

          Russian-American market is geographically condensed, with more than half of the population living in thee metropolitan areas:

         New York

         Chicago

         Los Angeles.

 

 

 

 

 
 
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