The Best Metros for Minority-Owned Businesses in the U.S.
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1. Honolulu, HI
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 3 stars Immigrant population – 5 stars Revenue growth for people of color – 2 stars Inclusion of minorities – 5 stars Equity of minorities – 5 stars Diversity of population – 5 stars Prosperity among minority population – 5 stars
Small Business Spotlight: Jared Brown | Fat Cheeks
2. Cape Coral-Fort Myers, FL
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 5 stars Immigrant population – 5 stars Revenue growth for people of color – 2 stars Inclusion of minorities – 5 stars Equity of minorities – 4 stars Diversity of population – 4 stars Prosperity among minority population – 2 stars
3. Spokane-Spokane Valley, WA
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 3 stars Immigrant population – 2 stars Revenue growth for people of color – 5 stars Inclusion of minorities – 4 stars Equity of minorities – 4 stars Diversity of population – 3 stars Prosperity among minority population – 3 stars
4. Palm Bay-Melbourne-Titusville, FL
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 3 stars Immigrant population – 3 stars Revenue growth for people of color – 2 stars Inclusion of minorities – 5 stars Equity of minorities – 5 stars Diversity of population – 4 stars Prosperity among minority population – 3 stars
5. Fresno, CA
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 5 stars Immigrant population – 5 stars Revenue growth for people of color – 2 stars Inclusion of minorities – 5 stars Equity of minorities – 1 star Diversity of population – 5 stars Prosperity among minority population – 1 star
6. Des Moines-West Des Moines, IA
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 3 stars Immigrant population – 3 stars Revenue growth for people of color – 3 stars Inclusion of minorities – 4 stars Equity of minorities – 4 stars Diversity of population – 3 stars Prosperity among minority population – 5 stars
7. Madison, WI
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 1 star Immigrant population – 3 stars Revenue growth for people of color – 3 stars Inclusion of minorities – 1 star Equity of minorities – 3 stars Diversity of population – 3 stars Prosperity among minority population – 5 stars
8. Dayton-Kettering, OH
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 3 stars Immigrant population – 1 star Revenue growth for people of color – 5 stars Inclusion of minorities – 3 stars Equity of minorities – 4 stars Diversity of population – 3 stars Prosperity among minority population – 2 stars
Small Business Spotlight: Dr. Karen Townsend | KTownsend Counseling
9. Knoxville, TN
Percentage of minority-owned businesses – 5 stars Sales from minority-owned businesses – 4 stars Immigrant population – 1 star Revenue growth for people of color – 2 stars Inclusion of minorities – 3 stars Equity of minorities – 3 stars Diversity of population – 2 stars Prosperity among minority population – 3 stars
Small Business Spotlight: Sybil Bailey | Afro Mermaid Skincare
10. Akron, OH
Percentage of minority-owned businesses – 4 stars Sales from minority-owned businesses – 3 stars Immigrant population – 1 star Revenue growth for people of color – 3 stars Inclusion of minorities – 3 stars Equity of minorities – 4 stars Diversity of population – 3 stars Prosperity among minority population – 3 stars
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Methodology
Median wage Unemployment Poverty Educational attainment Disconnected (not working or in school) youth School poverty Air pollution exposure Commute time Housing burden
White Black Latinx Asian or Pacific Islander Native American Mixed/other populations
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