Special Report

The Worst States for Hispanics and Latinos

Source: Thinkstock

30. Indiana
> Pct. residents Hispanic: 6.5% (20th lowest)
> Homeownership rate: 51.4% (Hispanic), 73.5% (white)
> Unemployment rate: 4.6% (Hispanic), 4.1% (white)
> Incarcerated people per 100,000: 781 (Hispanic), 542 (white)

Hispanics in Indiana are less likely to be hired, less likely to own a home, and more likely to be arrested than the state’s white residents. Still, by these measures, Hispanics in Indiana fare far better than Hispanic Americans overall. The annual unemployment rate among Hispanics in Indiana is 4.6%, well below the 5.8% comparable rate nationwide. Additionally, the homeownership rate among Hispanics in the state of 51.4% is higher than the comparable nationwide rate of 45.5%. Finally, there are 781 Hispanics in jail for every 100,000 Hispanic residents in Indiana compared to 831 per 100,000 Hispanic Americans nationwide.

Source: Thinkstock

29. South Carolina
> Pct. residents Hispanic: 5.3% (17th lowest)
> Homeownership rate: 45.9% (Hispanic), 76.3% (white)
> Unemployment rate: 3.6% (Hispanic), 4.0% (white)
> Incarcerated people per 100,000: 1,205 (Hispanic), 433 (white)

Unlike in the vast majority of states, Hispanic residents may have a slightly easier time finding work in South Carolina than the state’s white residents. Unemployment among Hispanics is only 3.6% compared to 4.0% among white residents.

Other disparities in South Carolina, however, expose serious disadvantages for Hispanic residents. For example, there are 1,205 Hispanic or Latino South Carolinians in jail for every 100,000 — nearly triple the incarceration rate among white residents of 433 in jail per 100,000. Nationwide, the Hispanic incarceration rate is less than double the rate for white Americans.

Source: Thinkstock

28. Wyoming
> Pct. residents Hispanic: 9.7% (22nd highest)
> Homeownership rate: 55.8% (Hispanic), 70.7% (white)
> Unemployment rate: 6.9% (Hispanic), 5.2% (white)
> Incarcerated people per 100,000: 1,059 (Hispanic), 532 (white)

Wyoming’s Hispanic population has a far more difficult time finding work than the state’s white population. The annual unemployment rate among Hispanic workers in the state is 6.9%, well above the state’s white workers unemployment rate of 5.1% and the Hispanic unemployment rate nationwide of 5.8%.

Despite higher joblessness, Hispanics in Wyoming are far less likely to be struggling financially than Hispanic populations in other states. Some 10.1% of white state residents live in poverty, roughly in line with the white poverty rate nationwide. Meanwhile, 16.7% of Hispanics in the state live in poverty, well below the comparable nationwide poverty rate of 21.0%.

Source: Thinkstock

27. North Carolina
> Pct. residents Hispanic: 8.9% (25th highest)
> Homeownership rate: 43.0% (Hispanic), 72.6% (white)
> Unemployment rate: 5.1% (Hispanic), 4.0% (white)
> Incarcerated people per 100,000: 491 (Hispanic), 357 (white)

North Carolina is fairly representative of the social and economic disparities that persist among Hispanics and whites nationwide. The typical Hispanic household earns $17,281 a year less than the typical white household, similar to the $16,273 difference in median household income between the two demographics nationwide. Similarly, 34.1% of white adults and 14.8% of Hispanic adults have a bachelor’s degree. The 19.3 percentage point gap is on par with the 19.6 percentage point gap between the nationwide white and Hispanic college attainment rates of 35.0% and 15.3%, respectively.

In one measure — incarceration rate — the disparity is smaller than in nearly any other state. Adjusted for population, the Hispanic incarceration rate in North Carolina exceeds the white rate by 134 prisoners per 100,000 residents — the eighth smallest gap of any state.

Source: Thinkstock

26. New Hampshire
> Pct. residents Hispanic: 3.3% (6th lowest)
> Homeownership rate: 39.4% (Hispanic), 72.1% (white)
> Unemployment rate: N/A, 2.8% (white)
> Incarcerated people per 100,000: 954 (Hispanic), 336 (white)

Some 13.8% of Hispanic New Hampshire residents live in poverty, nearly the lowest Hispanic poverty rate of any state. The poverty gap between whites and Hispanics in the state is also relatively small. New Hampshire’s Hispanic poverty rate is only 7.1 percentage points higher than its white poverty rate. In comparison, the 21.0% poverty rate among Hispanics nationwide is 11 percentage points above the white poverty rate.

Despite the low poverty gap, New Hampshire’s white residents are far wealthier than Hispanic residents. The typical white household in the state earns $71,718 a year, about $20,000 more than the median income among Hispanic households. Nationwide, the income gap is just over $16,000.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.