Across the nation, less than step three% out-of businesses are Black colored-owned. Yet not, for the past 2 yrs, what amount of Black-possessed companies is continuing to grow from the 8.52%, centered on Census Bureau data. So it exceeds the rate where all the businesses are broadening (0.46%). Specific locals offer a far more favorable environment to own Black entrepreneurs to put up store.
Within studies, SmartAsset crunched the fresh numbers for the best locations to own Black business owners. We opposed 57 of your prominent town elements across about three groups and you can a maximum of nine metrics. It are Black colored-owned company achievements (quantity of Black colored-had businesses, two-year improvement in number of Black colored-owned businesses and you will percentage of Black colored-had businesses), new clients environment (percentage of the newest enterprises, start-right up survival speed and you can percentage of businesses with conversion process exceeding $250,000) and you may economy (median Black home money, 2019 Black unemployment price and you can jobless rate). Continue reading Top Urban centers to possess Black colored Entrepreneurs 2022 Research