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While Hispanics have median household income that’s about 20% lower than the overall median average, their sheer size means that they’re approaching $1 trillion in aggregate household income this year. That’s according to a new report from Geoscape, which looks at multicultural trends in the US.
The median household income for Hispanics this year is estimated to be close to $45k, below the $57k average. (More household income stats here.) Almost one-fifth (19%) of the US population identifies as Hispanic, and two-thirds of the Hispanic population hail from Mexico. READ MORE AT MARKETING CHARTS