Hispanic Facts

Hispanic Facts

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Population

  • There are more than 38 million Hispanics in the U.S.
  • 61% of the Hispanic population was born in the U.S.
  • The Hispanic population increased by 61% in the past 10 years.
  • Hispanic buying power exceeds $600 billion.
  • Hispanic buying power is increasing at a rate of 118%.
  • Hispanics median age is 26 years, 10 years younger than the U.S. as a whole.
  • Median Hispanic annual income is slightly greater than $40,000.

    Source: U.S. Census Bureau

    Markets

  • The New Latino Generationˇ­
    While two out of three 15-19 year old Hispanics were born in the U.S., two out of three 30-34 year olds are foreign born.

    Source: Magazine Publishers of America

  • Hispanic Familiesˇ­
    More than half of families (54.1%) have 4+ persons, with nearly one in seven having 6+ people.

    Source: Magazine Publishers of America

  • Hispanics and the Mediaˇ­
    Survey research shows that most adult Hispanics use BOTH Spanish-language media and English-language media.

    Source: Magazine Publishers of America

  • 66% of Latinos live in just 15 markets:
    New York, Miami, Chicago, Houston, San Francisco, Dallas/Ft. Worth, San Antonio, Phoenix, McAllen/Brownsville, San Diego, Fresno, Sacramento, El Paso, Albuquerque.

    Source: Magazine Publishers of America

    Hispanic Consumers - An Economic Profile

  • Hispanic economic well being is improving at a faster rate than that of non-Hispanics.
  • Hispanic aggregate household income increased six-fold between 1981 and 2001, while it only tripled for non-Hispanics.
  • 31 % (or 3.2 million) Hispanic households have an income that exceeds $50,000.
  • 1.5 million Hispanic households have an income that exceeds $75,000.

    Hispanic Small Business

  • There are more than 1.2 million Hispanic owned businesses in the U.S., which generate more than $200 billion in annual gross receipts and employ more than 1.3 million people.
  • Hispanic and other minority firms, doing business in new industries that are in step with the new economy, are driving the future of small business growth.
  • Most adult Latinos are married couples. Nearly four in 10 (38% or 2.2 million) have an annual income of $50,000 or more. About 1.1 million Hispanic married couple families gave an income of $75,000 or more.
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