How wealthy is the Latino population?
Latino households earn less than the average American household. The median income for a Latino household in 2010 was $40,000, while the U.S. median income was $49,800. Ecuadorians and Colombians were the highest earning nationalities, and Dominicans were the lowest. Twenty-five percent of Latinos lived in poverty in 2010, 10 percent higher than the national average. That same year, 47 percent of Latino heads of household owned their homes, compared with 65 percent overall. [Source]
