› In 2005 18% of the Westchester County population was of Hispanic origin, totaling almost 170,000.
› In 2002 there were about 8,400 Hispanic-owned businesses in Westchester.
U.S. Hispanic Demographics
› According to the U.S. Department of Education, 84,333 Hispanics earned a Bachelors Degree and 24,017 earned a Masters or Doctorate degree in 2004.
› According to the U.S. Census Bureau, Hispanics are the fastest growing ethnic
group in the U.S. and constitute almost 15% of the total U.S. population today.
As of June 1, 1999 there were an estimated 31.3 million Hispanics living in
the United States.
› The Hispanic population is expected to reach 52.7 million or 16.3% of the
nation’s total population by the year 2020.
› According to the U.S. Census Bureau, by the year 2050, Hispanics are
expected to comprise 24.5% of the total U.S. population.
› Hispanics are the largest minority in the United States, with an estimated
population of 41.3 million. They are estimated to grow by more than 1.7 million
a year. (Source: U.S. Census Bureau)
› In 2004, there were 41.3 million Hispanics in the U.S., representing 14.2% of
the total U.S. population.
› 63% of Hispanics in the U.S. are of Mexican origin; 10% from Puerto Rico;
4% from Cuba; 3% from Dominican Republic; and 3% from El Salvador.
(Source: 2005 Pew Hispanic Center, tabulations from 2000 Census)
› More than one eight of the people in the United States are of Hispanic origin. (
Source: U.S. Census Bureau)
› Hispanics accounted for 40% of the country¹s population growth between
1990 and 2000. (U.S. Census Bureau)
› The number of prosperous Hispanic households (those with incomes of at least $100,000) rose 137% between 1990 and 2000 (Source: U.S. Census Bureau)
› U.S. Hispanic purchasing power has surged to nearly $700 billion and is projected to reach $1 trillion by 2010, nearly three times the overall national rate of consumer purchasing power over the past decade. (Source: HispanTelligence®)
› Current Hispanic purchasing power is 8.5% of total U.S. purchasing power, but will reach 11% by 2010, when taking into account factors such as the narrowing Hispanic vs. overall U.S. income gap and the increase in the number of Hispanic households with earned income. (Source: HispanTelligence®)
› The net worth of U.S. Hispanics surpassed $534 billion in 2000, a 30% increase since 1998. (Source: HispanTelligence®)
› Hispanics represent the largest minority group online with 6.9 million net users, followed by 6.6 million African Americans and 4 million Asians online, according to eMarketer’s web site.
Business and Entrepreneurship
› There are approximately 2 million Hispanic-owned businesses in the country that generate almost $300 billion in annual gross receipts. By 2010, there will be 3.2 million Hispanic firms generating $465 billion (Sources: Small Business Administration, HispanicTelligence® )
› The number of Hispanic-owned companies grew 82% since 1997, making them among the fastest-growing business segments in the nation (Source: HispanTelligence® )
› 1 out of every 10 small businesses will be Hispanic by the year 2007. (Source: Hispanic Trends)
› Small businesses make up 98% of all businesses and create the majority of new jobs added to the economy. (Source: Small Business Administration)
© Copyright 2013 WHCC. All rights reserved. Website design by Noble Consulting
You are viewing the text version of this site.
To view the full version please install the Adobe Flash Player and ensure your web browser has JavaScript enabled.
Need help? check the requirements page.