The Hispanic Market:
$3.0+ trillion.
- 65.2 Million US Hispanics
- 40 Million Hispanics listeners tune in to radio monthly
- 71% of the US Population population growth between 2022 - 2031
- 19.5% Total US Population - The second-largest group
- 51% U.S. Population Growth since 2010
- HHI of $100K+ increase 5X since 2000
- Over $2 Trillion Buying Power
- 7th Largest GDP
* Nielsen and HRA (Hispanic Radio Alliance) 2024
That is the buying power of the Hispanic consumer – the largest minority market in the U.S. According to the Selig Center for Economic Growth, this group’s economic clout has grown 203% since 2000, which makes it one of the fastest growing consumer markets here in the U.S.
This group represents nearly 29% of the country’s population.
Among those categories that Hispanics focus more of their dollars on, according to Scarborough radio reaches Hispanics 18+:
- Who spent $200+ on groceries in the past week – 92%.
- Who purchased any children’s, men’s or women’s clothing this past year – 93%.
- Who plan on purchasing a wireless/cellphone service this year – 92%.
- Whose household plans to buy a new vehicle or currently has an auto loan – 92%.
According to GfK MRI data, 48% state that radio puts them in a good mood; 45% tune in to radio for relaxation; 40% use radio to stay informed and up to date; 38% tune in for just pure entertainment; and 35% see radio as a way to escape.
JUAN:
- Targets the most underserved radio audience
- Hispanic population has grown 51% in the last decade
- Complements your other Hispanic station(s) with a music intensive, broad-based Adult Hits partner
- Perfect entrance into the Hispanic market as a unique and distinctive creation that is easy to execute... yet dynamic, with well-defined differentiation.