Latinos from Poverty to Prosperity: Breaking Barriers in Education, Employment, and Homeownership

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Even with low percentages of the total population, Latinos have added important figures in the number of graduates, according to a UCLA report.Between 2000 and 2020, the proportion of Latinos with a bachelor’s degree or higher doubled, from 10% to 20%, mirroring a national trend among racial and ethnic groups. However, stark differences in educational attainment exist with the Latino community, with 53% of Venezuelans having earned at least a bachelor’s degree, compared with just 12% to 15% of those from Guatemalan, Salvadoran, Honduran and Mexican backgrounds.

Likewise, Latinos now represent a high participation in the labor force of workers in the U.S., with 67% of working-age individuals currently in the labor force. Latinos also saw the biggest drop among all racial and ethnic groups of those living in poverty — a decline of 6 percentage points since 2000. But poverty rates vary significantly in the Latino community, with South Americans generally having lower rates and Mexicans, Central Americans and Puerto Ricans having higher rates.

Latinos are also more likely to own their homes today than in 2000, an increase from 49% to 56%. Although nearly all Latino groups experienced a growth in home ownership, several — Cubans, Paraguayans and Venezuelans — actually saw a decline in ownership.