Study Says Immigrants in San Antonio Boast Big Economic Impact

by

comment
SHUTTERSTOCK
  • Shutterstock

For all the bashing they've taken from Trumpsters, immigrants pack a big punch in San Antonio's economy, according to a study by New American Economy, an immigration-policy think tank.

In 2016, they paid $1.6 billion in state and local taxes and boasted spending power of $5.1 billion. They were also 55.2 percent more likely to start businesses in San Antonio, with nearly 18,800 immigrant entrepreneurs calling the city home, according to the study.



New American Economy is funded by billionaire and former New York Mayor Michael Bloomberg and backed by Democratic and Republican mayors and business leaders.

The organization has detailed immigrants' economic contributions in the 100 largest metro area in its Map the Impact project.



Immigrants make up 12 percent, or 290,900, of San Antonio's population. The biggest shares of them – 31 percent – work in construction, followed by 21 percent in administrative support.

Stay on top of San Antonio news and views. Sign up for our Weekly Headlines Newsletter.

Support Local Journalism.
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the San Antonio Press Club for as little as $5 a month.