According to a report from AHAA, Hispanic consumers earn between $50,000 and $100,000 a year account for 15m households in the US.
How are Latinos expected to become the next baby boomers?
The AHAA report established that 75% were under the age of 45 and 77% had households with four or more members.
Upscale Latinos obtained their present positions by owning homes and graduating from college. The statistics indicate 75% of the segment owned a home and 79% had some college or had graduated college, and compared it to Southern California, where the comparable figures, at 56% and 43% respectively, were much lower.
All of these statistics show a promising future for the Hispanic population. Hopefully, future Latinos generations contribute to these accomplishments and they continue to boost the American economy.
Picture by Latinos for Fletcher