3. The state of Latinos’ finances: Outlook, experiences, preparedness for a financial downturn

U.S. government data shows that Hispanics’ financial situation has improved in some ways. Between 2023 and 2024, the median income of Hispanic households increased by 5.5%, and the poverty rate among Hispanics decreased from 16.6% to 15.0%.[10.numoffset=”10″ These are estimates published by the U.S. Census Bureau based on the 2024 Current Population Survey (CPS) and […]

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