The 2025 State of Hispanic Wealth: Closing the Gap Through Ownership, Entrepreneurship, and Education

The 2025 State of Hispanic Wealth Report highlights record-breaking growth in Latino homeownership, entrepreneurship, and financial literacy — and the Hispanic Wealth Project’s plan to cut the racial wealth gap by half by 2034.

A Decade of Historic Progress

The 2025 State of Hispanic Wealth Report, published by the Hispanic Wealth Project™ (HWP) and the National Association of Hispanic Real Estate Professionals® (NAHREP®), offers one of the most comprehensive looks yet at Latino wealth in America. What it reveals is a story of resilience and acceleration.

Since HWP’s founding in 2014—during a period when Latino households lost nearly two-thirds of their wealth in the Great Recession—the organization has tracked dramatic gains in homeownership, entrepreneurship, and asset building.

In 2014, HWP set an ambitious goal: to triple Hispanic household wealth within 10 years. By 2022, that target had been exceeded two years early. The median net worth of Hispanic households surged from $19,998 in 2013 to $63,400 in 2022, marking a 217% increase and the fastest rate of wealth growth among any racial or ethnic group.

Even more significant, the proportional wealth gap—the ratio of Hispanic to non-Hispanic White wealth—has been cut in half. For every dollar of Hispanic wealth in 2013, non-Hispanic White households held $8.87; by 2022, that figure dropped to $4.472025-SHWR-Annual-Report.

Real Estate: The Cornerstone of Hispanic Wealth

Real estate continues to serve as the largest driver of Hispanic household net worth, representing roughly one-third of total assets. Nearly 9.8 million Hispanic households now own their homes, maintaining a 49% homeownership rate even amid record-high interest rates and housing shortages.

The report also shows a rising appetite for investment properties. According to HWP’s Investment Property Ownership Survey, conducted in partnership with Airbnb, 61% of Latino respondents have considered short-term rental ownership, and over half of real estate professionals reported growing interest in investment properties among their Hispanic clients2025-SHWR-Annual-Report.

These findings reinforce HWP’s focus on expanding property ownership and encouraging real estate professionals to double their industry representation by 2034.

Entrepreneurship: Fueling Economic Growth

Latinos remain America’s most entrepreneurial demographic, accounting for 36% of all new business formations. Hispanic-owned employer firms have grown by 44% over the past five years, now totaling 465,000 businesses, employing 3.6 million people, and generating $653 billion in annual revenue2025-SHWR-Annual-Report.

Latina founders are leading much of this growth, increasing at more than triple the national rate for women-owned businesses. Yet, despite this momentum, access to venture capital remains disproportionately limited—Hispanic founders receive less than 2% of all VC funding. The report calls for tripling that investment allocation by 2034, underscoring that equitable access to capital is essential to sustaining Latino-driven innovation and job creation.

Financial Assets and Professional Representation

Financial diversification has also improved. By 2022, 43.7% of Hispanic households owned at least one non-cash financial asset, up from 39% a decade earlier. Ownership of retirement accounts rose to 33%, while brokerage accounts doubled to 15%.

Still, the report identifies a major bottleneck: the underrepresentation of Hispanic professionals in finance. Only 7–8% of financial advisors and analysts identify as Latino, a figure that declined in 2024. Greater diversity among financial professionals is seen as a key lever to improve financial literacy and bridge knowledge gaps across communities2025-SHWR-Annual-Report.

Financial Practices: A Cultural Blueprint for Discipline and Legacy

Complementing the data, HWP’s Latino Financial Practices Study explores how Hispanic families learn, plan, and make financial decisions. Interviews with 24 families revealed a culture deeply rooted in discipline, resilience, and generational responsibility.

Most participants learned about money through life experience—watching parents stretch budgets and prioritize family stability over consumption. Younger Latinos, however, are breaking cultural taboos by discussing finances openly, using digital budgeting tools, and prioritizing savings and credit-building from an early age2025-SHWR-Annual-Report.

These habits form a strong foundation for sustained financial growth, particularly as institutions begin to deliver more culturally relevant education and resources.

The Road to 2034

Having surpassed its original 10-year target, the Hispanic Wealth Project is now focused on its next decade-long goal: to reduce the proportional wealth gap between Hispanic and non-Hispanic White households by 50% by 2034.

Through initiatives like the HWP Accelerator, Angel Community, and the upcoming High Net Worth Boot Camp (HNWB), the organization is creating an ecosystem of mentorship, investment, and education designed to cultivate generational wealth.

If these efforts continue at the current pace, Latino households could become one of the most powerful forces in the U.S. economy—fueling homeownership, entrepreneurship, and innovation for decades to come.

Disclaimer: This post provides general information on Latino homeownership trends and is not financial advice. Consult a qualified professional for personal guidance.