Census Is Out

New Revealing Information

A 2005 census reported what most of us could guess. Minorities continue to make up more of the population of each state than they use to, with the exception of West Virginia. This information was obtained from a recently reported Associated Press article. None of this information is mine.

Among the findings:

Education levels increased in every state from 2000 to 2005. Nationally, the share of adults 25 and older with at least a high school diploma increased from 80 percent to 84 percent. The share of adults with at least a bachelor’s degree increased from 24 percent to 27 percent.

Every state is getting older. Nationally, the median age — the one at which half the population is older and half is younger — went from 35.3 in 2000 to 36.4 last year.

Hispanics increased their hold as the country’s largest minority group, at 14.5 percent of the population, compared with 12.8 percent for blacks.

Whites are a minority in four states — Hawaii, New Mexico, California and Texas — and the District of Columbia. The share of white people fell below 60 percent in three other states — Maryland, Georgia and Nevada. Nationally, non-Hispanic whites make up about 67 percent of the population, down from 70 percent at the start of the decade.

What do we make of this? I suppose I was a little surprised that the total adult population with at least an undergraduate degree is at 27%. I would have guessed much lower. I do believe that all of these trends will continue for the foreseeable future. I grew up in a neighborhood that was at least 50% Hispanic back in the 60’s and 70’s. I guess we were just ahead of our time.

From a long-term business perspective, it would seem smart to have your children groomed for an occupation that would cater to the growing groups. If that means medical equipment or fast food restaurants, then so be it.

I think the following ventures could be promising:

1. Privately owned detention facilities
2. Baby Miss Latino pageant operator/coordinator and consultant
3. Small loan finance companies
4. Custom Car detailing w/ Matching tattoos shop
5. WWE or Ultimate Fighting Themed Park with related Wave Pool

You can probably think of some good ideas from your own observations. If so, let me know and let’s discuss how we can capitalize on the population trends of our nation.

Little Boze