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Latinos & Asset Building Graph

According to the U.S. Census, the Latino population comprises one of the fastest growing segments in the entire population, growing by over 50% since 1990i. In 2002, 21.4 percent of Hispanics were living in poverty, compared with 7.8 percent of non-Hispanic whitesii. In order for Individual Development Accounts (IDAs) to be an effective poverty reduction tool, the Latino community must be served.

Chart of Latinos and Asset Building


Methodology

The red bar (second bar for each state) on the graph represents the percentage of the Latino population state-by-stateiii. The blue bar (top bar for each state) represents the state percentages of Latinos in Individual Development Account programs. This data was developed from the demographic information offered by the IDANetwork's 2003 IDA Program Directoryiv.

All refugee specific programs (those receiving funding from the Office of Refugee Resettlement) were eliminated from the calculation. Alabama, Alaska, Colorado, Idaho, Utah, and Wyoming have no programs registered with the IDANetwork database and many other programs did not provide demographic information. Therefore, some states are recorded as serving 0% of the Latino population, which may or may not accurately represent the individuals served.

STATE

% OF LATINOS

% OF LATINOS IN IDA PROGRAMS

Wyoming

6.4

0

Wisconsin

3.6

2.5

West Virginia

0.7

0

Washington

7.5

7.75

Virginia

4.7

2

Vermont

0.9

2.5

Utah

9

0

Texas

32

39

Tennessee

2.2

0

South Dakota

1.4

0

South Carolina

2.4

0

Rhode Island

8.7

41

Pennsylvania

3.2

6.8

Oregon

8

11.6

Oklahoma

5.2

1.2

Ohio

1.9

3.71

North Dakota

1.2

0

North Carolina

4.7

4.43

New York

15.1

17.89

New Mexico

42.1

52.67

New Jersey

13.3

13.8

New Hampshire

1.7

7

Nevada

19.7

41

Nebraska

5.5

0

Montana

2

18

Missouri

2.1

3.17

Mississippi

1.4

1

Minnesota

2.9

0.45

Michigan

3.3

21

Massachusetts

6.8

3.1

Maryland

4.3

0

Maine

0.7

0.125

Louisiana

2.4

0.5

Kentucky

1.5

3.3

Kansas

7

0

Iowa

2.8

3.75

Indiana

3.5

4.7

Illinois

12.3

12.2

Idaho

7.9

0

Hawaii

7.2

0

Georgia

5.3

0

Florida

16.8

12

District of Columbia

7.9

23.1

Delaware

4.8

2

Connecticut

9.4

11.2

Colorado

17.1

0

California

32.4

27

Arkansas

3.2

1.2

Arizona

25.3

28.75

Alaska

4.1

0

Alabama

1.7

0


i Shepelwich, Steven. Immigration and Cultural Markets in the United States. Assets: A Quarterly Update for Innovators. Corporation for Enterprise Development. Spring 2003, No. 1.

ii , Roberto R., and G. Patricia de la Cruz, 2002, The Hispanic Population in the United States: March 2002, Current Population Reports, P20-545, U.S. Census Bureau, Washington DC.

iii U.S. Census American Fact Finder

iv http://idanetwork.cfed.org/index.php?section=2003idasurvey&page=index.php