📈 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.
TOO MANY ADS? GO AD-FREE
Did You Know?: The ads you see on this site help pay for our website and our work. However, we know some of our readers would rather pay and not see ads. For those users we offer a paid newsletter that contains our articles with no ads.
What You Get: A daily email digest of our articles in full-text with no ads.
🔍 Go Deeper:
Find out more about the successes and challenges faced by Black business owners in the full report by LendingTree here.