The U.S. Hispanic population is ever-growing in size, impact and diversity, which is why they are such an important population for us to target. The following statistics offer a glimpse of just how unique the Hispanic population is:
There are currently 44.3 million Hispanics in the U.S., making Hispanics the largest minority group and 15% of the entire U.S. population (not including the 3.9 million residents in Puerto Rico).
The U.S. Census projects that by 2050, the Hispanic population will be 102.6 million.
In 22 states, Hispanic are the largest minority group.
15 states have over a half a million Hispanic residents.
64% of U.S. Hispanics are of Mexican origin, followed by Puerto Rican, Cuban, Salvadoran and Dominican.
The median age of Hispanics is 27.4 years old.
23% of the total U.S. population under 5 years of age is Hispanic.
There are an estimated 1.6 million Hispanic-owned businesses.
Hispanic-owned businesses have grown at a rate three times the national average since 1997.
One in eight U.S. household residents speaks Spanish at home.
The median income of Hispanic households is $35,967.
32.7% of Hispanics lack health insurance.
12% of the Hispanic population 25 and older has a bachelor’s degree.
839,000 Hispanics 25 or older have advanced degrees.
11% of all U.S. college students are Hispanics.
68% of Hispanics age 16 or older are in the labor force.
Only 77,700 chief executives, 49,200 doctors and 29,000 lawyers are Hispanic.
7.9 million Hispanic citizens voted in the 2004 presidential election.
1.1 million U.S. armed forces veterans are Hispanic.
September 15th was chosen as the beginning of Hispanic Heritage Month as it is the anniversary of independence for five Latin American countries (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua); Mexico’s independence day follows on September 16th, and Chile’s follows on September 18th.
