Although California is predicted to see a surge in its growing Latino population, new research suggests that it may not become a majority-Latino state after all.

In 2014, The Golden State reached a new milestone when it became the third state in the country where white non-Hispanics were outnumbered by another racial or ethnic group. In addition, Hispanics for the first time constituted California's largest racial or ethnic group with a growing population around 15 million, which accounts for 38 percent of the state's total population, according to the California Department of Finance.

Back in 2007, it was thought the Hispanic population would reach 31 million by the year 2050, helping Hispanics become 52.1 percent of all state residents. However, new data projections from the state Finance Department predict the Latino community will only grow to about 23.7 million in 2050, and therefore make up just 47.6 percent of all Californians.

This means that the prospect of a Hispanic demographic majority might not happen until 2060, if at all.

Under the new projections, which were published late last year, Hispanics may only peak at 25.5 million or 49.3 percent of the state's total demographic in 2060.

According to the Pew Research Center, the change in the projected growth of the Hispanic population can be attributed to several factors.

"California has long been a top destination for immigrants from Latin America, but immigration from Latin America to the U.S. began to slow in 2008 due in part to the Great Recession. As a result, national Hispanic population growth today is driven more by U.S. births than by the arrival of new immigrants. At the same time, birth rates are falling among Hispanic women," states the report.

The U.S. Census Bureau amended last year its projections for the overall growth of the Latino population by 2050, reported Pew. The projected number is lower by 30 million, totalling a growth to 106 million Latinos in the U.S.

With a population of 10 million Hispanics, Texas is the state with the second largest Latino community, while Florida comes in third with 5 million Hispanics.