Tuesday, May 25, 2004

HIspanics in the United States

Hispanics in the United States
-- The U.S. Hispanic population ranks as the fifth-largest in the world, behind Mexico, Spain, Colombia and Argentina.

-- There are more than 7.6 million Hispanic households in the United States, averaging 3.6 people per household.

-- In 1995, 74 percent of U.S. Hispanics resided in five states: California, Texas, New York, Florida and Illinois.

-- 77 percent of Hispanics living in the United States were born abroad, and 44 percent have lived in the United States 10 years or less.

-- 58 percent of Hispanics over 18 are employed full time.

-- 6.6 percent of Hispanics over 18 are unemployed.

-- 31 percent of all Hispanic households send money to relatives in their country of origin.

-- The buying power of the U.S. Hispanic market is more than $228 billion, and the three markets with the greatest buying power are Los Angeles, New York and Miami.

-- The average household income for Hispanics increased from $14,712 in 1980 to $29,500 in 1996.

- Sources: U.S. Census Bureau and Rodriguez Communications, a California-based Hispanic marketing company.