There were 36,374 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 47.4% increase in the number of black-owned firms in the state. These firms accounted for nearly $2.56 billion in sales and receipts in 2012.
In the U.S., there were 2.6 million black-owned firms in 2012, up 33% from 2007. Sales and receipts from black-owned firms totaled $187.6 billion in 2012. Black-owned firms made up 9.4% of all firms and 0.6% of all sales and receipts in the U.S.
States with the largest number of black-owned businesses were Georgia (257,671), Florida (252,129), New York (219,912), Texas (218,046) and California (177,879). Georgia had the largest gross sales from black-owned firms. Missouri ranked 20th among the states in the total number of black-owned firms.
|States with the Largest Number of Black-Owned Businesses in 2012|
|Rank||Area||Black-Owned Firms||Black-Owned Receipts||Share of US Black-Owned Firms Total|
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 35.0%. Other states with a large percentage of black-owned businesses were Mississippi (27.8%), Georgia (27.7%), Maryland (23.5%), Louisiana (22.9%), and Alabama (19.6%). In Missouri, blacks owned 7.4% of all firms in 2012, up from 4.9% of all firms in 2007.
|States with the Highest Percentage of
Black-Owned Businesses in 2012
|Rank||Area||Number of All Firms||Sales Receipts ($1,000)||Black-Owned Firms||Black-owned Receipts ($1,000)||Black-Owned as a Percent of All firms|
|1||District of Columbia||63,408||$205,091,146||22,189||$2,769,754||35.0%|
Source: U.S. Census Bureau, Survey of Business
Owners - Preliminary Results
For more information on Black-Owned Businesses see: Black-Owned Business by Industry
Updated September 2015.