10 Cities Where Black Americans Are More Successful
A 2021 survey conducted by Smart Asset revealed 10 cities where Black Americans fare best economically in the United States.
The study compared 129 cities across 6 metrics: median Black household income, homeownership rate, lack labor force participation rate, percentage of adults with a bachelor’s degree & business owners.
Six of the top 10 cities are located in Texas, Florida, and North Carolina. Here are the rest.
Virginia Beach ranks in the top 10 cities for 4/6 metrics considered.It has the 7th highest median Black household income and the sixth-highest 2019 Black labor force participation rate.
Grand Prairie, Texas ties with Virginia Beach as the city where Black Americans fare best economically. The city ranks 6th & 10th out of 129 for those two metrics, respectively.
Grand Prairie, Texas
Aurora’s Black labor force participation rate is 73.5%, ranking 15th overall for this metric. More than 29% of Black residents have their bachelor’s degree, ranking 26th overall.
Florida’s Pembroke Pines ties for the No. 3 spot. The city has the second-highest Black homeownership rate – 60.20% – and the sixth-lowest 2019 Black poverty rate – 10.6%
Pembroke Pines, Florida
The Black homeownership rate in Miramar is the highest in the study, at 68.07%. This is about 26% higher than the 2019 national Black homeownership rate, which is approximately 42%.
More than 30% of adults have their bachelor’s degree & almost 4% of businesses in the metro area are Black-owned – both of which rank within the top 25.
Charlotte, North Carolina
The city has the 11th-highest Black labor force rate at 75.8%. It also ranks in the top 15 for its median Black household income & the percentage of Black adults with a bachelor’s degree
Durham takes the 8th spot on the list. The city ranks particularly well for its percentage of Black adults with a bachelor’s degree & percentage of Black-owned businesses.
Durham, North Carolina
Enterprise had the 5th highest Black labor force participation rate, the 16th highest median Black household income & the 23rd best Black homeownership rate of all 129 cities.
The median household income for Black residents in Elk Grove, California is about $76,300, the second-highest in the study.
Elk Grove, California
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