MINORITY OWNED BUSINESS STATISTICS 2020

Jan 28, 2021Blacks or African Americans owned approximately 124,551 businesses, with about 28.5% (35,547) of these businesses in the Health Care and Social ⁽¹⁾ …

Feb 14, 2022According to the Census Bureau, in the third quarter of 2020, the homeownership rate for white non-Hispanic Americans was 75.8%, compared to 61% ⁽²⁾ …

20 Black-Owned Business Statistics for 2021 – Fundera

Dec 16, 2020According to the most recent available Census data, there are more than two million Black-owned businesses in America. Of this number, 124,000 ⁽³⁾ …

May 27, 2020Minority-owned small businesses could be disproportionately While minorities composed 37 percent of the labor force in February 2020, ⁽⁴⁾ …

Why the Rate of Black Business Ownership Is Going Up

Apr 13, 2022The gains are greater than what other demographic groups have seen: According to Fairlie’s analysis of the census data, the number of Black ⁽⁵⁾ …

Aug 8, 2022There are approximately 9.3 million minority-owned businesses. (SBA, US Census Bureau) ; According to the 2020 Annual Business Survey (ABS), ⁽⁶⁾ …

Including C corporations, there were more than 3 million minority-owned business enterprises, employing 4.5 million people and generating $591.3 billion in ⁽⁷⁾ …