nahrep houston 4.22.15 building your business in the hispanic community

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Building Your Business in the Hispanic Community Oscar Gonzales, MBA, PhD International Division Director

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Real Estate


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Building Your Business in

the Hispanic Community

Oscar Gonzales, MBA, PhD – International Division Director

Population Trends

U.S. Population by Race 2010 - 2030

0%

10%

20%

30%

40%

50%

60%

70%

White Hispanic Black Asian Other

2010 64% 16% 13% 4% 3%

2030 56% 22% 13% 5% 4%

U.S. Population by Race

2010-2030

Projected Hispanic Population Growth

Projected Hispanic Population Growth

Projected Hispanic Population Growth

Projected Hispanic Population Growth

Change in Population Profile

2015 2020 2030 2040

TOTAL POPULATION CHANGE 2,621 2,619 2,329 1,906

. One race 2,361 2,331 1,986 1,503

White 1,429 1,368 1,043 620

Black 418 431 398 356

Native American 47 47 43 34

Asian 455 473 491 483

Two or More Races 260 288 344 403

. Non-Hispanic White alone 251 175 181 590

. Hispanic 1,345 1,366 1,413 1,414

Change in Population Births

2015 2020 2030 2040

BIRTHS 3,999 4,125 4,198 4,266

.One race 3,735 3,831 3,839 3,836

White 2,867 2,909 2,874 2,833

Black 596 624 628 633

Native American 59 62 63 63

Asian 203 225 262 296

Two or More Races 263 294 359 430

. Non-Hispanic White alone 2,017 2,000 1,846 1,711

. Hispanic 995 1,066 1,210 1,334

Change in Population Deaths

2015 2020 2030 2040

DEATHS 2,619 2,777 3,224 3,787

. One race 2,595 2,749 3,185 3,735

White 2,161 2,269 2,592 3,001

Black 306 334 398 475

Native American 21 24 31 39

Asian 104 119 160 213

Two or More Races 24 28 38 52

. Non-Hispanic White alone 1,991 2,058 2,278 2,565

. Hispanic 186 233 346 484

The Houston Region is now the most ethnically

and culturally diverse large metropolitan area in

the country.

Fort Bend County is the most diverse county in

the country.

Sugar Land is the most diverse city in the

country.

Houston Population by Race

1960 - 2012

White Hispanic Black Other Asian

2014 2,246,213 2,411,829 1,072,748 1,024,832 396,677

2019 2,331,122 2,916,914 1,191,317 1,161,964 439,254

Change 3.78% 20.94% 11.05% 13.38% 10.73%

-

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

Houston Population by Race

2014 - 2019

Houston’s Population 2014 - 2019

Houston’s Population by Age & Ethnicity

Houston’s Foreign Born Population

Attitudes Toward Immigrants (2010-2014)

Undocumented

immigrants NOT

a very serious

problem for

the city.

Favor Granting illegal

immigrants path to

citizenship if they

speak English and no

criminal record.Percent giving

high ratings

measuring

feelings about

undocumented

immigrants.

Believe

immigrants

contribute more

to the American

economy than

they take.

White Hispanic Black Other Asian

2014 2,246,213 2,411,829 1,072,748 1,024,832 396,677

2019 2,331,122 2,916,914 1,191,317 1,161,964 439,254

Change 3.78% 20.94% 11.05% 13.38% 10.73%

-

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

Houston Population by Race2014 - 2019

Houston’s Population 2014 - 2019

Under 5 years 5 to 17 years 18 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 to 74 years75 years and

over

Age Segment 10.60% 24.60% 11.60% 17.20% 15.10% 10.80% 6.10% 2.60% 1.50%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

Houston MSA – Hispanic Population by Age

Median Age

26.9

Houston Hispanic Population by Zip Code

2014 Houston MSA Language Fluency

Speak English

OnlySpeak Spanish

Speak Spanish:

Speak English

"Very Well"

Speak Spanish:

Speak English

"Well"

Speak Spanish:

Speak English

"Not Well"

Speak Spanish:

Only

Speak Other

Language

Houston MSA 11.14% 44.37% 22.59% 8.57% 8.39% 4.82% 0.13%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00%

50.00%

Distributions by Education – Houston MSA

Houston MSA – Hispanic: Poverty

Individuals28%

Families25%

Single Females Head of HH

47%

Houston MSA

Hispanic Poverty Rates by Segment

Houston Hispanic Facts

46.7%Rent

53.3% Own

Median Income

$41,867Median Home

Value

$103,100

So What Does This All Mean?

The Hispanic Market is More Diverse Than Ever.

You Can’t Always Rely on Your Own Point of

“Hispanic Reference” to Serve the Broad Market.

Your Marketing Materials Do Not

Always Require Translation.

Your Role Must Be Educational and Consultative:

Not Just “Facilitating.”

Oscar Gonzales, MBA, PhD – International Division Director

Building Your Business in

the Hispanic Community

Oscar Gonzales, MBA, PhD – International Division Director