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.
| 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.
| States with the Highest Percentage of Black-Owned Businesses in 2007 |
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| Rank | Area | All firms | 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.
