Upscale Latinos, June 2013 [TABLE]
Pay attention to “upscale Latinos,” says Nielsen, calling them “the most influential segment since the baby boomers.” In partnership with the Association of Hispanic Advertising Agencies (AHAA), Nielsen has released some data concerning this demographic, which accounted for 29% of the Hispanic population last year but an outsized 37% of its total spending power. Defined as Hispanic households earning between $50k and $100k in annual income, these Latinos tend to be fairly young, with three-quarters of them under the age of 45.
Of course, the Hispanic population as a whole is young, with 40% under the age of 21 as of 2011. In fact, relative to the Hispanic population as a whole, the upscale Latino might actually be slightly older: the Census Bureau data referenced above shows that in 2011, 77.1% of Hispanics were under 45. Read the rest at MarketingCharts.