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Hispanic household wealth ballooned to $63,400 in 2022, growing more rapidly than any other demographic group in the country, according to a recent report published by Hispanic Wealth Project, a ...
This article was originally published on Sept. 30, 2021. Hispanic households are 17% less likely than white households to have access to a retirement plan through their employer.
At a rally in Wheeling, W.Va, on Sept. 29, President Donald Trump touted economic advancement by Hispanic Americans. "Household income among Hispanic Americans has just set a new record high ...
Between 2020 and 2040, there will be 6.9 million net new homeowner households, a 9% increase, per UI. Hispanic homeowners will grow by 4.8 million, homeowners of other races (mostly Asian ...
One demographic group stood out as U.S. household income rose for a third straight year in 2017: Median income for Hispanic households rose 3.7%, easily outpacing the 1.8% growth for all households.
The Urban Institute published a report that predicted the number of Hispanic households will skyrocket by 2040. According to the report, 70% of new homeowners between 2020 and 2040 will be Hispanic.
That trend was particularly pronounced for Black and Hispanic households, whose wealth grew by 61% and 47% respectively during the pandemic. Historically, the U.S. has had a wide and stubborn ...
There, 57% of Hispanic households are middle class, compared with 52% of white households. That’s a reversal from 2012, when 53% of white households and 49% of Hispanic households were middle class.
It has often been said that the way to a woman’s heart is through her children. For financial advisors, the way to the heart of the Hispanic market lies through women, the household’s de facto ...
For households with incomes from $100,000 to $149,999, the Asian homeownership rate is 66%, compared with 83% for white households, 68% for Black households, and 67% for Hispanic households.
The US Hispanic population is growing by leaps and bounds. But TV advertisers are still throwing darts at the wall to reach them. The Spanish-language media company TelevisaUnivision unveiled a ...
Black, Hispanic household wealth grows, but stubborn gap persists. Since those groups generally started with less wealth than white and Asian households, small changes have an outsize impact.