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Highlights from the U.S. Census 2010
• The Census 2010 reflected in millions:
o African American 38.9
o Asian 14.7
o Hispanic 50.5
• Hispanics had a significant growth in the South.
• Country of origin among Hispanics:
o Mexican 63%
o Puerto Rican 9.2%
o Cuban 3.5%
o Salvadorian 3.3%
o Dominican 2.8%
• Hispanic Growth Projection by year:
o 2020 66 million
o 2030 86 million
o 2040 108 million
o 2050 133 million
• 62.6% of Hispanics are born in the U.S.
• According to the American Community Survey (ACS 2009):
o High School Graduates 27.9%
o Median Household Income $33,923
o 31% of Hispanics have no health Insurance compared to 15% of Non-Hispanics
• 17% of U.S. females, age 18-49, are Hispanics
• Percentage of Hispanics in major cities:
o Miami 49%
o Los Angeles 47%
o Phoenix 31%
o San Diego 30%
o Dallas 27%
o San Francisco 23%
o New York 23%
o Chicago 21%
Marketers Point of View:
• Hispanic women, age 18-49, grew by 100%
• U.S. Hispanics are the 15th largest consumers in the world, spending more than 1 trillion dollars during 2011
• Hispanic household income over $100,000 grew from 11% to 13%
• Hispanics make up 40% of new registered voters
• Hispanics value and keep their culture, language, music, religion and family values
• Hispanics has largest households: 4.0 people living in their household vs. Non-Hispanics at 2.9
• Children at home: Hispanics 58% vs. Non-Hispanics 36%
• Employed 2+: Hispanics 58% vs. Non-Hispanics 45%
Conclusions:
• Hispanic markets are rapidly growing and must be integrated into the whole company’s strategy.
• Invest in the future; the future of the Hispanic market is exploding with unlimited possibilities.
• Conduct marketing research to know and understand your Hispanic consumer.
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