Top 10 Cities For Black Businesses In The U.S. (Cont’d)
If you’re a Black entrepreneur and you don’t live in one of the following 10 cities, you may want to consider relocating. Blacktech Week used data from the U.S. Census Bureau to update its list from 2015 of cities where Black entrepreneurs thrive. The same cities made this new list that was previously published by NerdWallet, only they were ranked differently this time around, HuffPost reported.
The top ten cities, defined as areas with more than 100,000 residents, continues:
4. Washington/Arlington and Alexandria, Virginia:
The “urrea” touted the highest median income for Black residents nationwide, the highest growth rate of startups (measured by number of employees) over the last five years and the support of “National Black Chamber of Commerce, the Northern Virginia Black Chamber of Commerce and BizLaunch, an entrepreneurship program.”
5. Savannah, Georgia (up from sixth place):
Savannah’s rich jazz legacy attracts tourism, which has bolstered much of the Black business ownership in the oceanside city.
6. Baton Rouge, Louisiana (up from seventh place):
Baton Rouge’s petrochemical industry has driven much of its business, as it has the “4th largest refinery in the US and 10th largest in the world.”