2024 HISPANIC HIGHER EDUCATION AND HSIs FACTS

HACU HSI Fact Sheet  | PDF Download

HACU HSI  Quick Fact Sheet  | PDF Download

Hispanic demographics:

In 2023, nearly 64 million Hispanics lived in the U.S. and 3.2 million in Puerto Rico.

Hispanics were 19.1% of the U.S. population in 2023.

Hispanic median age is 30.7, eight years lower than the entire U.S. population median age of 39.0.

Thirty-one percent of the Hispanic population are under 18 years of age, compared to 22% of the U.S. population.

California (15.7 million) and Texas (12.1 million) had the nation’s largest Hispanic populations in 2022, followed by Florida (6.0 million), New York (3.9 million), and Arizona (2.4 million). Other states with large Hispanic populations (1 million or more) include: Colorado, Georgia, Illinois, New Jersey, New Mexico, North Carolina, Pennsylvania, and Washington.

Hispanics accounted for 19.1% of the U.S. labor force in the third quart of 2023. The number of Hispanic workers is projected to reach 35.9 million in 2030, accounting for 78% of the net new workers between 2020 and 2030.

Hispanic buying power rose from $213 billion in 1990 to $1.97 trillion in 2020, representing an annual growth rate of 7.57%.

Hispanic higher education:

In 2022, Hispanic enrollment in higher education reached nearly 3.8 million students. It is expected to exceed 4.3 million students by 2026, far surpassing the growth rate of any other racial-ethnic group – by over 10%.

The percent of STEM degrees conferred to Hispanic students rose from 9.2% to 15.6% between 2009 and 2022.

In fall of 2022, 3.2 million Hispanic undergraduate students were enrolled in nonprofit postsecondary institutions.

Hispanic students earned one out of four (25.9%) associate degrees conferred in 2022, compared to 13.2% in 2011.

Hispanic students earned 16.3% of bachelor’s degrees conferred in 2022, compared to 9.2% in 2011.