Socioeconomic Profile of Latino/Hispanic Population
Document Id: DR-07
The social and economic challenges the Latino populations face are critical to their overall well-being. This report is based on an analysis of the 2010 U.S. decennial census and the American Community Survey (ACS), and examines key differences in socioeconomic indicators by race and ethnicity in the United States and Michigan, with a particular focus on the Latino population. Findings from this report show that Latinos have less access to valued resources and rank low on many key socioeconomic indicators (e.g., educational attainment, poverty, median family income, per capita income, employment status, and occupation) when compared to non-Latino White populations. These findings suggest the need for policies and programs aimed at investing more in human capital, reducing poverty, and providing special assistance to Latinos and others in precarious financial needs, and creating new jobs, but well-paying jobs, particularly in communities that were most hit by changes in the economy.