Black-Owned Businesses


There were 24,685 black-owned firms in Missouri in 2007, up from 16,758 in 2002, according to data from the U.S. Census Bureau's 2007 Survey of Business Owners. This was a 47.4 percent increase in the number of black-owned firms in the state. These firms accounted for nearly $2.41 billion in sales and receipts in 2007.

In the U.S., there were 1.9 million black-owned firms in 2007, up 63 percent from 2002. Sales and receipts from black-owned firms totaled $135.7 billion in 2007. Black-owned firms made up 7.1 percent of all firms and 0.4 percent of all sales and receipts in the U.S.

States with the largest number of black-owned businesses were New York (204,004), Georgia (183,864), Florida (181,496), Texas (154,283) and California (137,891). California had the largest gross sales from black-owned firms. Missouri ranked 19th among the states in the total number of black-owned firms.

Number of Black Owned Firms US Map

States with the Largest Number of Black-Owned Businesses in 2007
Rank Area Black-Owned Firms Black-Owned Receipts ($1,000) Share of US Total
**** United States 1,921,864 $135,739,834 ****
1 New York 204,004 $12,589,106 10.6%
2 Georgia 183,864 $8,886,536 9.6%
3 Florida 181,496 $10,528,813 9.4%
4 Texas 154,283 $9,280,648 8.0%
5 California 137,891 $18,419,879 7.2%
6 Illinois 106,626 $6,840,718 5.5%
7 Maryland 102,173 $6,767,579 5.3%
8 North Carolina 83,919 $5,422,332 4.4%
9 Michigan 72,554 $4,694,384 3.8%
10 Virginia 63,363 $5,378,365 3.3%
19 Missouri 24,685 $2,411,130 1.3%

 

Seven states had more than 100,000 black-owned businesses. Eighteen States had fewer than 5,000 black-owned firms in 2007.

States with the highest percentage of black-owned businesses, as a percent of all firms, were located mostly in the southern and eastern portions of the United States. The area with the largest percentage of black-owned businesses was the District of Columbia at 28.2 percent. Other states with a large percentage of black-owned businesses were Georgia (20.4%), Maryland (19.3%), Mississippi (18.0%) and Louisiana (15.9%). In Missouri, blacks owned 4.9 percent of all firms in 2007, up from 3.8 percent of all firms in 2002.


Percentage of States' Firms that are Black-Owned US Map

States with the Highest Percentage of
Black-Owned Businesses in 2007
Rank Area All firmsĀ  Black-Owned Firms Black-Owned Receipts ($1,000) Black-Owned Firms as a Percent of All Firms
**** United States 27,092,908 1,921,864 $135,739,834 7.1%
1 District of Columbia 55,887 15,764 $2,165,348 28.2%
2 Georgia 901,105 183,864 $8,886,536 20.4%
3 Maryland 528,112 102,173 $6,767,579 19.3%
4 Mississippi 225,977 40,615 $1,707,276 18.0%
5 Louisiana 375,808 59,909 $2,767,418 15.9%
6 Alabama 382,350 56,712 $2,152,418 14.8%
7 South Carolina 360,397 43,812 $2,202,490 12.2%
8 North Carolina 798,791 83,919 $5,422,332 10.5%
9 New York 1,956,733 204,004 $12,589,106 10.4%
10 Virginia 638,643 63,363 $5,378,365 9.9%
20 Missouri 501,064 24,685 $2,411,130 4.9%

Source: U.S. Census Bureau, Survey of Business Owners

For more information on Black-Owned Businesses see: Missouri Black-Owned Business County Report and Black-Owned Business by Industry

Updated February 2012



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