A report from B2B Reviews reveals Illinois is leading the nation in Hispanic entrepreneurship, according to a community announcement.

The state saw a 17% increase in Hispanic-owned businesses from 2023 to 2024. Hispanic-owned businesses make up 11% of all small businesses in Illinois.

Hispanic households in Illinois earn 91.6% of the state’s median income, surpassing the national average of 86.7%. Hispanic-owned businesses account for 1.29% of Illinois’ annual payroll, making the state a strong ecosystem for these businesses, according to the announcement.

This story was created by reporter Abreanna Blose, ablose@gannett.com , with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing p

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