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Latin Times
Latin Times
National
Abel Rodríguez

Latino Households Have Seen Their Wealth Grow, But Many Still Remain in Debt

United States Hispanic Pew Pew Research
Representational image. (Credit: Pixabay.)

Despite making sizeable wealth gains during the COVID pandemic, many Latinos are still holding in debt, according to a new study from the Pew Research.

Pew Research previously reported that between 2019 and 2021 U.S. Hispanic households grew their wealth by 42% and had a median net worth of $48,000. However, despite those gains, one in seven Hispanic households remains in debt.

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