Black-Owned Businesses


There were 36,230 black-owned firms in Missouri in 2012, up from 24,685 in 2007, according to data from the U.S. Census Bureau's 2012 Survey of Business Owners. This was a 46.8% increase in the number of black-owned firms in the state. These firms accounted for nearly $2.43 billion in sales and receipts in 2012.

In the U.S., there were almost 2.6 million black-owned firms in 2012, up 36% from 2007. Sales and receipts from black-owned firms totaled $150.2 billion in 2012. Black-owned firms made up 9.4% of all firms and 0.4% of all sales and receipts in the U.S.

States with the largest number of black-owned businesses were Georgia (256,848), Florida (251,216), New York (219,036), Texas (217,343) and California (177,302). Florida 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 2012
Rank Area Black-Owned Firms Black-Owned Receipts
($1,000)  
Share of US Black-Owned Firms Total
**** United States 2,584,403 $150,203,163 100.0%
1 Georgia 256,848 $9,586,641 9.9%
2 Florida 251,216 $11,215,492 9.7%
3 New York 219,036 $10,602,665 8.5%
4 Texas 217,343 $11,909,263 8.4%
5 California 177,302 $14,924,763 6.9%
6 Illinois 144,780 $7,470,106 5.6%
7 Maryland 124,729 $8,565,275 4.8%
8 North Carolina 112,892 $6,059,369 4.4%
9 Michigan 106,457 $5,137,001 4.1%
10 Louisiana 94,450 $3,361,653 3.7%
11 Ohio 81,244 $9,149,759 3.1%
12 Virginia 80,124 $7,870,853 3.1%
13 Tennessee 73,688 $2,967,734 2.9%
14 Alabama 73,015 $3,087,663 2.8%
15 Mississippi 65,295 $2,085,035 2.5%
16 New Jersey 63,686 $4,176,973 2.5%
17 South Carolina 61,943 $3,353,199 2.4%
18 Pennsylvania 56,748 $3,083,306 2.2%
19 Missouri 36,230 $2,426,888 1.4%
20 Indiana 34,036 $3,780,893 1.3%

 

Nine states had more than 100,000 black-owned businesses. Sixteen States had fewer than 5,000 black-owned firms in 2012.

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 34.8%. Other states with a large percentage of black-owned businesses were Mississippi (27.7%), Georgia (27.6%), Maryland (23.4%), Louisiana (22.8%), and Alabama (19.5%). In Missouri, blacks owned 7.4% of all firms in 2012, up from 4.9% of all firms in 2007.


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

States with the Highest Percentage of
Black-Owned Businesses in 2012
Rank Area Number of Firms Sales Receipts ($1,000) Black-Owned Firms Black-owned Receipts ($1,000) Black-Owned as a Percent of All firms
**** United States 27,626,360 33,536,848,821 2,584,403 150,203,163 9.4%
1 District of Columbia 63,408 205,091,146 22,097 2,517,344 34.8%
2 Mississippi 235,454 213,455,621 65,295 2,085,035 27.7%
3 Georgia 929,864 960,432,488 256,848 9,586,641 27.6%
4 Maryland 531,953 513,951,749 124,729 8,565,275 23.4%
5 Louisiana 414,291 639,279,967 94,450 3,361,653 22.8%
6 Alabama 374,153 410,217,329 73,015 3,087,663 19.5%
7 South Carolina 367,726 350,808,351 61,943 3,353,199 16.8%
8 North Carolina 805,985 847,349,408 112,892 6,059,369 14.0%
9 Tennessee 550,453 647,300,920 73,688 2,967,734 13.4%
10 Michigan 834,087 1,005,215,114 106,457 5,137,001 12.8%
11 Illinois 1,135,017 1,683,129,252 144,780 7,470,106 12.8%
12 Virginia 653,193 843,986,907 80,124 7,870,853 12.3%
13 Florida 2,100,187 1,516,846,612 251,216 11,215,492 12.0%
14 New York 2,008,988 2,184,220,670 219,036 10,602,665 10.9%
15 Delaware 73,418 151,181,125 7,767 342,921 10.6%
16 Texas 2,356,748 3,623,481,905 217,343 11,909,263 9.2%
17 Ohio 904,814 1,204,964,794 81,244 9,149,759 9.0%
18 Arkansas 231,959 252,140,106 20,556 806,933 8.9%
19 New Jersey 792,088 1,233,058,233 63,686 4,176,973 8.0%
20 Missouri 491,606 598,271,031 36,230 2,426,888 7.4%

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

Updated January 2016 

For more information on Black-Owned Businesses see: Black-Owned Business by Industry

and Black-Owned Business by County

 



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