We believe that we should initially work with the Latino minority group because of the rapid growth it has in Central Florida and specifically in our Osceola County. Osceola County has the largest Latino representation making it the largest racial and ethnic community. The Latino community has grown from 2016 to 2020 from 176 thousand, 815 to 211 thousand 040 in Osceola, representing 54.3% of the population. Of these percentages of Latinos, 33.7 percent are from Puerto Rico. The estimated median age at Osceola is 36.8 years. It is worth mentioning that 20.9 percent of the population was born outside the United States and 51 percent speak a language other than English.
The situation in our county is reflected in the framework of our state. In the State of Florida, the total population is estimated at 21 million 538 thousand 860 of which 26.5 percent is of Hispanic origin. Compared to the rest of the US states, Florida represents 9.2 percent of the Latino community. In the April 2020 census it was estimated that 333 million 449 thousand 281 live in the United States, of which 18 percent are Hispanic, this community being the second largest ethnic group in the entire nation.
The United States offers high standards of general well-being. compared to most other countries included in the Better Life Index. Uncle Sam's Land performs best in housing and ranks above average in income and wealth, health status, employment and pay, education and skills, personal safety, satisfaction, environmental quality, sense of community, and civic engagement. . We want minorities to be more prepared to make a qualitative leap, in their lives, more quickly.
As for entrepreneurs, there are almost 5 million Latino companies in the United States that contribute more than 800 billion dollars to the economy each year, according to a report released by three groups of legislators in Congress last month. November of this year. This reality highlights the importance of supporting new business initiatives that can lay a solid foundation with the necessary information on the resources that the country offers. When Latino entrepreneurs start their businesses, 70 percent of their funds come from personal savings or loans from credit cards, and while other critical resources such as business training and education are unavailable to most Latinos, businesses from this minority have managed to position themselves in the US economy. How much more could we achieve if we bring this training to entrepreneurs? The result would be to take many of these companies to a higher level and that they can grow with commercial loans.