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Edwin S. Rubenstein Archive
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July 21, 2004

National Data, By Edwin S. Rubenstein

Remittances Are Good for Them and Us…Up To A Point

 

Table 1

 

Latin American Immigrants

 and  Remittances, 2004

 

Remittances Sent to

Average Amount

 

 

 

Latin America

Sent by

Latin American

Percent that Send

State

(US$Millions)

Each  Immigrant

Immigrant Adults

Remittances

California

$9,610

$1,787

5,378,555

64%

New York

$3,562

$2,493

1,428,614

81%

Texas

$3,180

$1,248

2,547,203

43%

Florida

$2,450

$1,363

1,796,959

47%

Illinois

$1,528

$1,841

830,020

66%

New Jersey

$1,371

$2,261

606,479

68%

Georgia

$947

$2,743

345,253

81%

North Carolina

$833

$2,864

290,877

84%

Arizona

$606

$1,132

535,119

42%

Virginia

$586

$2,671

219,417

84%

Colorado

$544

$2,008

270,973

69%

Massachusetts

$527

$2,491

211,537

80%

Maryland

$500

$2,897

172,601

80%

Nevada

$447

$1,823

245,210

64%

Washington

$353

$1,950

181,018

62%

Remaining 35 States

$3,096

$1,886

1,641,295

67%

Total U.S.

$30,140

$1,805

16,701,130

61%

 

 

 

 

 

 

Source: Inter-American Development Bank, "Sending Money Home," May 17, 2004.

 

 

 

 

           

 

Edwin S. Rubenstein (email him) is President of ESR Research Economic Consultants in Indianapolis.

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