|
*
Hispanics median age of 26.7 years, have "a younger age
structure" compared to white America, which has a median
age of 39.6. 3.51% birth rate.
twice the national
avg. 36% of population is less than 18 years of age.
*
Hispanic household income is growing, with 38% earning
over $40,000 in 1999 vs. 26% in
1994 . 3.5 million Hispanic
HH earn over $40,000/year.
*
Children of today's Hispanic immigrant will be the largest contributing
group
of the U.S. population growth in the next
twenty years.
*
Over 13 million internet users. 15% to 20% per
year growth rate. 39% of
online households contain +5 people and live in higher income households.
* 7 states have more than 1
million Hispanics (Arizona, California, Florida,
Illinois, New Jersey, New York, and Texas). |
* The
Latino population controlled
$653 billion in spending power
in 2003, and this number is
expected to reach more than $1 trillion in 2008,
according to the Selig Center for Economic Growth
Key factors accounting for
this increase in US Hispanic purchasing
power include continued
population growth and increasing Hispanic employment and
income levels.
* The US Hispanic purchasing
power is growing at triple
the rate of the overall US population.
* More impressive, Hispanics
contributed 23 percent ($65 billion) of the nation's
total purchasing power of
$284 billion in 2003, while
only accounting for 13.8 percent of the total US
population.
*
Nearly half of the 9.4 million American residents added
since 2000 are Hispanic, the Census Bureau said.
Growth was almost equal between immigrants
and those already here. |