Businesses
Source for statements in this section: Hispanic-owned Firms: 2002.
1.6 million
The number of Hispanic-owned businesses in 2002.
Triple
The rate of growth of Hispanic-owned businesses between 1997 and 2002 (31 percent) compared with the national average (10 percent) for all businesses.
$222 billion
Revenue generated by Hispanic-owned businesses in 2002, up 19 percent from 1997.
45%
. . . of all Hispanic-owned firms were owned by Mexicans, Mexican-Americans and Chicanos.
29,168
Number of Hispanic-owned firms with receipts of $1 million or more.
•43 percent of Hispanic-owned firms operated in construction; administrative and support, and waste management and remediation services; and other services, such as personal services, and repair and maintenance. Retail and wholesale trade accounted for 36 percent of Hispanic-owned business revenue.
•States with the fastest rates of growth for Hispanic-owned firms between 1997 and 2002 included New York (57 percent), Georgia and Rhode Island (56 percent each), and Nevada and South Carolina (48 percent each).
•Counties with the highest number of Hispanic-owned firms were Los Angeles County (188,422); Miami-Dade County (163,187); and Harris County, Texas (61,934).
Spanish Language
32.2 million
The number of U.S. household residents 5 and older who speak Spanish at home.
Spanish speakers constitute nearly one in eight U.S. household residents. Among
all those who speak Spanish at home, more than one-half say they speak English very well. (Source: 2005 American Community Survey)
29%
Percentage of Texas residents who speak Spanish at home, which leads all states. This compares with the national average of 12 percent. (Source: 2005 American Community Survey)
78%
Percentage of Hispanics 5 and older who speak a language other than English at home. Of that number, about half speak English very well. (Source: 2005 American Community Survey)
Income, Poverty and Health Insurance
$35,967
The median income of Hispanic households in 2005, statistically unchanged from the previous year. (Source: Income, Poverty, and Health Insurance Coverage in the United States: 2005.)
21.8%
The poverty rate among Hispanics in 2005, statistically unchanged from 2004. (Source: Income, Poverty, and Health Insurance Coverage in the United States: 2005).
32.7%
The percentage of Hispanics who lacked health insurance in 2005, statistically unchanged from 2004. (Source: Income, Poverty, and Health Insurance Coverage in the United States: 2005).
Education
59%
The percentage of Hispanics 25 and older who had at least a high school education in 2006.
12%
The percentage of the Hispanic population 25 and older with a bachelor’s degree or higher in 2006.
3.1 million
The number of Hispanics 18 and older who had at least a bachelor’s degree in 2006, up from 1.4 million a decade earlier.
839,000
Number of Hispanics 25 and older with advanced degrees in 2006 (e.g., master’s, professional, doctorate).
11%
Percentage of all college students in October 2005 who were Hispanic. Among elementary and high school students combined, the corresponding proportion was 19 percent.
Educational attainment levels are higher among certain Hispanic groups than among others. For example, among Cubans 25 and older, 73 percent were at least high school graduates, and 24 percent had a bachelor’s degree or higher.
Jobs
68%
Percentage of Hispanics 16 and older who are in the civilian labor force. (Source: 2005 American Community Survey)
17%
The percentage of Hispanics 16 or older who work in management, professional and related occupations. Approximately 24 percent of Hispanics 16 or older work in service occupations; 22 percent in sales and office occupations; 2 percent in farming, fishing and forestry occupations; 16 percent in construction, extraction, maintenance and repair occupations; and 19 percent in production, transportation and material moving occupations. (Source: 2005 American Community Survey)
77,700
Number of Hispanic chief executives. In addition, 49,200 physicians and surgeons; 53,700 postsecondary teachers; 29,000 lawyers; and 3,300 news analysts, reporters and correspondents are Hispanic. (Source: Upcoming Statistical Abstract of the United States: 2008)
Voting
7.6 million
The number of Hispanic citizens who reported voting in the 2004 presidential election. The percentage of Hispanic citizens voting — about 47 percent — did not change statistically from four years earlier. (Source: Voting and Registration in the Election of November 2004.)
Serving our Country
1.1 million
The number of Hispanic veterans of the U.S. armed forces. (Source: 2005 American Community Survey)
Source for statements in this section: Hispanic-owned Firms: 2002.
1.6 million
The number of Hispanic-owned businesses in 2002.
Triple
The rate of growth of Hispanic-owned businesses between 1997 and 2002 (31 percent) compared with the national average (10 percent) for all businesses.
$222 billion
Revenue generated by Hispanic-owned businesses in 2002, up 19 percent from 1997.
45%
. . . of all Hispanic-owned firms were owned by Mexicans, Mexican-Americans and Chicanos.
29,168
Number of Hispanic-owned firms with receipts of $1 million or more.
•43 percent of Hispanic-owned firms operated in construction; administrative and support, and waste management and remediation services; and other services, such as personal services, and repair and maintenance. Retail and wholesale trade accounted for 36 percent of Hispanic-owned business revenue.
•States with the fastest rates of growth for Hispanic-owned firms between 1997 and 2002 included New York (57 percent), Georgia and Rhode Island (56 percent each), and Nevada and South Carolina (48 percent each).
•Counties with the highest number of Hispanic-owned firms were Los Angeles County (188,422); Miami-Dade County (163,187); and Harris County, Texas (61,934).
Spanish Language
32.2 million
The number of U.S. household residents 5 and older who speak Spanish at home.
Spanish speakers constitute nearly one in eight U.S. household residents. Among
all those who speak Spanish at home, more than one-half say they speak English very well. (Source: 2005 American Community Survey)
29%
Percentage of Texas residents who speak Spanish at home, which leads all states. This compares with the national average of 12 percent. (Source: 2005 American Community Survey)
78%
Percentage of Hispanics 5 and older who speak a language other than English at home. Of that number, about half speak English very well. (Source: 2005 American Community Survey)
Income, Poverty and Health Insurance
$35,967
The median income of Hispanic households in 2005, statistically unchanged from the previous year. (Source: Income, Poverty, and Health Insurance Coverage in the United States: 2005.)
21.8%
The poverty rate among Hispanics in 2005, statistically unchanged from 2004. (Source: Income, Poverty, and Health Insurance Coverage in the United States: 2005).
32.7%
The percentage of Hispanics who lacked health insurance in 2005, statistically unchanged from 2004. (Source: Income, Poverty, and Health Insurance Coverage in the United States: 2005).
Education
59%
The percentage of Hispanics 25 and older who had at least a high school education in 2006.
12%
The percentage of the Hispanic population 25 and older with a bachelor’s degree or higher in 2006.
3.1 million
The number of Hispanics 18 and older who had at least a bachelor’s degree in 2006, up from 1.4 million a decade earlier.
839,000
Number of Hispanics 25 and older with advanced degrees in 2006 (e.g., master’s, professional, doctorate).
11%
Percentage of all college students in October 2005 who were Hispanic. Among elementary and high school students combined, the corresponding proportion was 19 percent.
Educational attainment levels are higher among certain Hispanic groups than among others. For example, among Cubans 25 and older, 73 percent were at least high school graduates, and 24 percent had a bachelor’s degree or higher.
Jobs
68%
Percentage of Hispanics 16 and older who are in the civilian labor force. (Source: 2005 American Community Survey)
17%
The percentage of Hispanics 16 or older who work in management, professional and related occupations. Approximately 24 percent of Hispanics 16 or older work in service occupations; 22 percent in sales and office occupations; 2 percent in farming, fishing and forestry occupations; 16 percent in construction, extraction, maintenance and repair occupations; and 19 percent in production, transportation and material moving occupations. (Source: 2005 American Community Survey)
77,700
Number of Hispanic chief executives. In addition, 49,200 physicians and surgeons; 53,700 postsecondary teachers; 29,000 lawyers; and 3,300 news analysts, reporters and correspondents are Hispanic. (Source: Upcoming Statistical Abstract of the United States: 2008)
Voting
7.6 million
The number of Hispanic citizens who reported voting in the 2004 presidential election. The percentage of Hispanic citizens voting — about 47 percent — did not change statistically from four years earlier. (Source: Voting and Registration in the Election of November 2004.)
Serving our Country
1.1 million
The number of Hispanic veterans of the U.S. armed forces. (Source: 2005 American Community Survey)
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