Jonathan J. Higuera

Hispanic wealth

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American Community Survey

Relying largely on data from the American Community Survey, the Pew Hispanic Center has released a study examining economic, demographic and educational characteristics of the U.S. Hispanic population from 2000 to 2010.

It found that while Hispanics have made gains in educational attainment, they’ve lost ground in their economic status.

The study broke down their findings by 10 Hispanic subgroups, of which “Mexican origin” made up 65 percent of the total number. Among all Hispanics 25 years and older, the share with a college degree increased from 10 percent in 2000 to 13 percent in 2010.

However, Hispanics had lower median household incomes in 2010 than in 2000 (adjusted to 2010 dollars). Overall, median household income among Hispanics fell from $43,100 in 2000 to $40,000 in 2010 – a decrease of 7 percent. Among all U.S. households, median household income (in 2010 dollars) fell from $54,200 in 2000 to $49,800 in 2010 – a drop of $4,400, or 8 percent.

The share of Latinos living in poverty increased two percentage points, from 23 percent in 2000 to 25 percent in 2010. Among all people living in households in the U.S., the poverty rate increased by three percentage points over the same period. 

Hispanics are the nation’s largest minority group, representing 16.4 percent of the U.S. population. By comparison, non-Hispanic blacks, who are the nation’s second largest minority group, represent 12.3 percent of the nation’s population and non-Hispanic Asians rank third at 4.7 percent.

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