📈 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.
Thom Chandler
Thom Chandler is the editor of The Georgia Sun and has been writing, editing and managing websites and blogs since 1995. He is a lifelong Georgian and one of those increasingly rare Atlanta natives.
