report on the size, location, purchasing power, and market potential for the three largest minority target markets in the countr

SUBMITTED BY: killorsavedemall

DATE: June 6, 2017, 7:16 p.m.

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Report
  1. African American
  3. Question: What is the total number of African Americans in the U.S?
  4. Answer: As of 2010, 42 million people make up the African American population or the combination of African American and another race (United States 1).
  6. Question: What percent of the U.S. population do they make up?
  7. Answer: African American’s make up 13.6% of the total US population (United States 1).
  9. Question: What is their rate of growth?
  10. Answer: Between 2000 and 2010, the black population grew by 15.4% (United States 1).
  12. Question: What is their average household size?
  13. Answer: The average household size is 2.63 in 2010 (Francese).
  15. Question: What are their average ages?
  16. Answer: Their average age is 32.5 (Nhan).
  18. Question: What percent have a college degree?
  19. Answer: As of 2010, 18% of African Americans, 25 or older, have a Bachelor’s degree or higher (United States 1).
  21. Question: What are the average or median income levels?
  22. Answer: $32, 068 is the average income among African Americans as of 2010 (United States 1).
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