Key Demographic Insights to Size Your Brand’s Opportunity with Multicultural America
Our analysis of the 2021 American Community Survey (an annual survey conducted by the U.S. Census Bureau) highlights the growing racial and ethnic diversity of U.S. consumers. We illuminate important demographic insights on the largest three Multicultural segments: Hispanic, Black, and Asian.
The Multicultural consumer population in America is a major source of growth, influence, and change. The impact of this group of consumers, once an afterthought in marketing, has now become central to the success of every consumer brand in the United States.
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In this updated edition of key demographic insights, we cover must-have Multicultural demographic information from the latest release of the 2021 American Community Survey (an annual survey the U.S. Census Bureau conducts).
Key Insight #1
The Multicultural population is growing fast and becoming more diverse with many more identifying as Multiracial.
Key Insight #2
Hispanic and Asian consumers are more likely to have higher-than-average household sizes and live in multigenerational households.
Key Insight #3
Hispanic consumers are a diverse and fast-growing population, with the majority of the segment born in the United States.
Contact us to learn more about how you can gain access to these diverse consumer insights and much more in our Cultural Intelligence Engine.