The Hispanic Family Foundation provides resources and programs to Hispanic families that create pathways for economic mobility and stability.
We are driven by the following facts:
- As consumers, Latinos wield more than $1.3 trillion in buying power, and the number of affluent Latin households is growing much faster than for the overall population.
- Latinos create new businesses faster than other Americans. Latin-owned business grew by 46% between 2007-2012. Hiring in Latin-owned businesses increased 22%.
- Latinos were responsible for 29% of real income growth in the United States between 2005-2015. The number of Latin households with incomes over $150,000 growing 194%.
- The median Latino age is 28 years old, nine years younger than the U.S. population at large.
The Latin community is younger, more educated and more entrepreneurial than many might expect, and is driving job creation, income growth and new business formation for the entire country.fortune.com