Nearly half of U.S. Latinos with a graduate degree reside in the top 10 metropolitan areas

POSTED ON Sep 03, 2024

As per a recent report from the Bureau of Labor Statistics, Hispanics made up 19.1 percent of the U.S. labor force in the third quarter of 2023, showing an increasing presence in the workforce over the years.

The characteristics of the Hispanic or Latino labor force varied among different Hispanic groups.

For instance, in 2023, Mexicans comprised 11.4 percent of the U.S. labor force, followed by South Americans and Puerto Ricans.

The overall labor force participation rate for everyone age 16 and older was 62.9 percent in the third quarter of 2023, while Hispanics or Latinos had a rate of 67.2 percent.

The United States Census Bureau published a comprehensive profile of the Hispanic population indicating that as of July 1, 2022, the Hispanic population in the United States reached 63.7 million, accounting for 19.1% of the total U.S. population.

Thirteen states, including Arizona, California, Colorado, Florida, Georgia, Illinois, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Texas, and Washington, had one million or more Hispanic residents in 2023.

Significant population increases were observed among Hispanic residents of Harris County, Texas, with the highest gain (1.9%) between July 1, 2022, and July 1, 2023.

The median age of the Hispanic population in 2023 was 31.0 years.

Data collected by USAFacts on Hispanic Americans revealed substantial population growth in 12 states between the last two censuses. For example, North Dakota’s Hispanic population doubled from 33,000 in 2010 to over 66,000 in 2020.

Educational attainment insights showed that 39% of Hispanic Americans with South American backgrounds, including 56% of Venezuelan Americans, held a bachelor’s degree or higher, surpassing the overall U.S. population at 33%.

The Hispanic population with advanced degrees has also seen substantial growth, with almost 2.5 million Latinos in the United States holding advanced degrees such as master’s or doctorate degrees, showing a significant increase in the number of Hispanic women and men with advanced degrees from 1990 to 2021.

Moreover, nearly half of U.S. Latinos with a graduate degree reside in the top 10 metropolitan areas, with New York and Miami being home to a substantial number of them.