The 2025 State of Hispanic Wealth: closing the gap
The Hispanic Wealth Project and NAHREP report documents the fastest decade of wealth growth of any group in the country, and sets the target for 2034.
A decade of progress
The 2025 State of Hispanic Wealth Report, published by the Hispanic Wealth Project and the National Association of Hispanic Real Estate Professionals (NAHREP), is one of the most complete looks yet at Latino wealth in America.
In 2014 HWP set a goal: triple Hispanic household wealth in ten years. It hit the target two years early. Median net worth of Hispanic households went from $19,998 in 2013 to $63,400 in 2022, a 217% increase and the fastest rate of wealth growth of any racial or ethnic group in the country.
The proportional gap was cut in half. For every dollar of Hispanic wealth in 2013, non-Hispanic White households held $8.87. By 2022 that figure dropped to $4.47.
Real estate, the foundation
Real estate remains the largest driver of Hispanic household net worth, roughly a third of total assets. Nearly 9.8 million Hispanic households own their homes, holding a 49% rate even through record interest rates and housing shortages.
The report also documents rising appetite for investment property. In HWP's survey conducted with Airbnb, 61% of Latino respondents had considered short-term rental ownership, and more than half of real estate professionals reported growing interest in investment properties among their Hispanic clients.
Entrepreneurship
Latinos remain the most entrepreneurial group in the country, accounting for 36% of all new business formations. Hispanic-owned employer firms grew 44% over five years: 465,000 businesses, 3.6 million employees and $653 billion in annual revenue.
Latina founders lead much of that growth, increasing at more than triple the national rate for women-owned businesses. Even so, Hispanic founders receive less than 2% of all venture capital. The report calls for tripling that allocation by 2034.
Financial assets and representation
By 2022, 43.7% of Hispanic households owned at least one non-cash financial asset, up from 39% a decade earlier. Retirement accounts rose to 33% and brokerage accounts doubled to 15%.
The report identifies a bottleneck: only 7 to 8% of the country's financial advisors and analysts identify as Latino, a figure that declined in 2024.
The 2034 target
Having passed its original goal, the Hispanic Wealth Project is now working toward the next one: cutting the proportional wealth gap between Hispanic and non-Hispanic White households in half by 2034.
This article offers general information about housing and wealth trends. It is not financial advice. Consult a qualified professional for your situation.
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