atlanta-has-the-highest-percentage-of-black-owned-businesses-in-the-nation

Atlanta Has The Highest Percentage Of Black-Owned Businesses In The Nation

📈 The Gist: Atlanta has been recognized for the second consecutive year as the city with the highest percentage of Black-owned businesses in the nation.

🏙️ The Details: A new analysis of Census data shared by LendingTree highlights Atlanta’s growing prominence as a hub for Black entrepreneurs. The city has seen an incremental increase in the percentage of businesses owned by Black individuals, fostering a diverse and inclusive business environment.

📊 By The Numbers:

  • Atlanta’s Black-owned business rate: 8.8% – up from 7.4%
  • National Average: 2.7% of businesses are Black-owned
  • Notable Increase: A 12.5% increase from the previous year

🚀 Why It Matters: The success of Black-owned businesses in Atlanta is not only a story of economic prosperity but also a beacon of hope and inspiration, showcasing what can be achieved with the right blend of opportunity, community support, and resilience.

🔍 Go Deeper:
Find out more about the successes and challenges faced by Black business owners in the full report by LendingTree here.

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