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.
|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 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.
|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|
|1||District of Columbia||63,408||205,091,146||22,097||2,517,344||34.8%|
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