Construction sector had highest number of Hispanic-owned businesses. Learn more in this America Counts story.





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America Counts: Stories Behind the Numbers

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A Profile of the Nation’s Hispanic-Owned Businesses

About 7.1% of the nation’s 5,681,118 employer firms (businesses with at least one paid employee) in the United States were Hispanic-owned in 2021 and the construction sector had the largest number of Hispanic-owned businesses, according to the U.S. Census Bureau.

The 2022 Annual Business Survey shows there were a total of 406,086 Hispanic-owned employer firms in the United States in 2021.

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A business is considered Hispanic-owned when 51% or more of the stock or equity is held by Hispanic owner(s) of any race. Businesses are considered equally Hispanic/non-Hispanic owned when 50% of the stock or equity is held by a Hispanic owner(s) of any race and the other 50% of the stock or equity is held by a non-Hispanic owner(s) of any race.

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* Hispanic-owned firms in urban and rural areas and by state
* Top sectors for Hispanic-owned businesses
* Remote workers
* Family-owned businesses
* Education and veteran status





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Detailed 2020 Census data released in September 2023 show growth in Hispanic groups. The Mexican population remained the nation’s largest Hispanic group.



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