More Hispanic families are reaching the middle class

The Hispanic middle class has grown faster than the white or Black middle class in the past decade and has reached near-parity with the white middle class in seven states, according to a new Stateline analysis. Between 2012 and 2022, the percentage of Hispanic households in the country that qualified as middle class grew from about 42% to 48%, while the share of white households in the middle class remained about the same at 51%. The proportion of Black middle-class households grew more slowly, from 41% to 44%. Hispanic households’ increasing economic success reflects the maturing of a community that now has more U.S.-born…