Hispanic financial conditions have been rising faster than others in part because they started lower. They are becoming part of the economic mainstream. For instance they will have a large share of home buying in the next decades.

From a McKinsey study of Latinos in America:

The share of Latinos in skilled and higher-paid occupations has increased by almost five percentage points in the past decade. Yet Latino workers are overrepresented in lower-wage occupations, underrepresented in higher-wage occupations, and generally paid less than non-Latino White workers in the same occupational categories. And the annual median wage for foreign-born Latinos ($31,700) is even lower than for US-born Latinos ($38,848)—and both are significantly lower than the annual median wage of $52,942 for non-Latino White workers.

Latino wealth has grown by an average of around 7 percent annually for the past 20 years, more than twice the rate of non-Latino White wealth. Wealth is also increasing by generation, especially from the first generation to the second.

The median wealth of Latino households in 2019 was about $36,000, just one-fifth of the median $188,200 held by their White peers.Latino families are also significantly more likely to have a zero or negative net worth. Only around 3 percent of Latino families are worth more than $1 million, compared with 16 percent of White households.