Best State to Raise a Black Family 2019
A 2021 survey conducted by Smart Nugget revealed ten cities where Black Americans fare best economically in the U.s.a..
The study compared 129 cities across half-dozen metrics: median Black household income, Black homeownership rate, Black labor force participation rate, percentage of Black adults with a bachelor's degree and percent of business owners who are Black.
Six of the height 10 cities are located in Texas, Florida, and Northward Carolina.
They performed above the nationwide average showed in the Demography data from 2019, which says that the Blackness household income boilerplate is about $43,000, and Black homeownership is 35%.
In the same Census, the average rate of Black Americans who take their available's degree is 23%, and ii% of businesses are Black-owned in the country on average.
Most of the 10 ten cities on the list showed ameliorate rates than the national boilerplate unemployment data, apropos Black adults. On average, labor force data in the United states shows that as of Dec 2020, the Black unemployment rate was three.9%, according to Bureau of Labor Statistics (BLS) data.
"Nationwide, when it comes to wealth and personal finance success, Blackness Americans generally have less. Black household income is 33% lower than the overall median household income, and the Black homeownership rate is 22 percentage points lower than the full general homeownership rate. Though the national picture is less than encouraging, economical outcomes for Black Americans are amend in some places than others." said Smart Asset in a argument published in its website.
i. Virgina Beach
According to Smart Asset, Virginia Embankment, Virginia ranks in the acme 10 cities for four of the six metrics we considered.
Information technology has the seventh-highest median Black household income, at roughly $65,600, and the sixth-highest 2019 Black labor force participation rate, at 78.7%.
Additionally, Census Bureau data shows that the 2019 poverty charge per unit for Black residents in Virginia Beach is 10%, fourth-lowest in the study. In the Virginia Beach-Norfolk-Newport News metro surface area, more than than 5% of businesses are Black-owned, the seventh-highest per centum for this metric overall.
two. Thousand Prairie, Texas (tie)
Grand Prairie, Texas ties with Virginia Beach, Virginia every bit the metropolis where Black Americans fare best economically.
Information technology has the quaternary-highest Black labor force participation charge per unit (at 79.nine%) and the lowest Black poverty rate (at less than v%) of all 129 cities in the study. In addition, more than a third of Blackness residents in Yard Prairie have their available's caste and the median Black household income is more than $63,000.
The urban center ranks sixth and tenth out of 129 for those two metrics, respectively.
three. Aurora, Illinois
Ranking in the top third of all 129 cities for 5 of the 6 metrics considered, Aurora has the fourth-highest Black homeownership rate (about 52%), sixth-highest median Black household income (about $65,900) and 10th-lowest Blackness poverty rate (eleven.9%).
Aurora's Blackness labor strength participation charge per unit is 73.5%, ranking 15th overall for this metric. Moreover, more than 29% of Black residents in the city have their available's degree, ranking 26th overall.
4. Pembroke Pines, Florida
Florida'south Pembroke Pines ties for the No. 3 spot. The city has the 2d-highest Black homeownership rate – 60.20% – and the sixth-lowest 2019 Black poverty rate – 10.half dozen%.
Incomes for Black households are relatively high. In 2019, the median Black household income was about $61,500, the 11th-highest in the study.
v. Miramar, Florida
The Black homeownership rate in Miramar, Florida is the highest in the study, at 68.07%. This is nigh 26 percent points higher than the 2019 national Blackness homeownership rate, which is approximately 42%.
Miramar ranks in the height 15 cities for 3 other metrics: its high median Black household income (about $66,300), its loftier Blackness labor forcefulness participation rate (74.1%) and its relatively low Black poverty charge per unit (7.9%).
6. Charlotte, North Carolina
Charlotte ranks in the top list of cities for the five metrics considered in the study. It has the 28th-highest Black homeownership rate (41.45%), the 18th-highest Black labor force participation rate (73.0%) and the 14th-lowest poverty rate for Blackness residents (13.6%).
More than 30% of Black adults take their bachelor'due south degree and nearly 4% of businesses in the larger Charlotte metro area are Black-owned – both of which rank inside the top 25 out of all 129 cities in the study.
7. Garland, Texas
The Black homeownership rate in Garland, Texas is the fifth-highest in the state, at fifty.98%. This urban center has the 11th-highest Black labor force participation rate, at 75.eight%. It also ranks in the summit xv for its median Black household income ($60,030) and the percentage of Black adults with a bachelor's degree (32.5%).
viii. Durham, Northward Carolina
Durham, North Carolina takes the eighth spot on the list. According to Smart Asset, the city ranks particularly well for its per centum of Black adults with a bachelor's caste (35.2%) and percent of Black-endemic businesses in the larger Durham-Chapel Hill metro expanse (4.7%).
The Blackness labor force participation rate is the 30th-highest across all 129 cities in the study, at 69.four%.
9. Enterprise, Nevada
Enterprise, Nevada had the fifth-highest 2019 Black labor force participation rate (79.0%), the 16th-highest 2019 median Black household income (about $58,500) and 23rd-best 2019 Black homeownership rate (roughly 43%) of all 129 cities.
Enterprise falls behind, still, when it comes to the number of Black-owned businesses in the larger Las Vegas metro area, at less than ii%. The city ranks 67th out of 129 for this metric
x. Elk Grove, California
The median household income for Black residents in Elk Grove, California is about $76,300, the second-highest in the study (ranking behind simply Rancho Cucamonga, California, where the median household income is almost $92,000).
Elk Grove as well ranks in the top 10 cities for its relatively loftier Blackness homeownership rate (52.51%) and the relatively high percentage of Black adults with a bachelor's caste (35.1%). But few businesses in the Elk Grove expanse are Blackness-owned.
Almanac Business Survey data from 2018 shows that less than ii% of employer firms in the greater Sacramento-Roseville-Arden-Arcade metro area are Black-owned.
Source: https://travelnoire.com/10-cities-black-americans-successful
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