January 29, 2025
While Black Americans represent nearly 14% of the nation’s population, only 3.3% of businesses in the United States are Black-owned.
While Black Americans represent nearly 14% of the nation’s population, only 3.3% are considered Black-owned businesses. When it comes to where a majority of these businesses are, all roads point to the South, according to a report from Truck Info.
“Black-owned businesses in the South exceed national averages,” the report reads. “For example, Hinesville, Georgia, has five times as many Black-owned businesses as would be expected based on population alone.”
With conversations about eliminating diversity, equity, and inclusion (DEI) initiatives dominating the news cycle, as many companies decide to cut back amid the Trump administration’s priority of cracking down on these kinds of initiatives, this new report shows there is still a long way to go for representation.
Here is a list of the top 10 metro areas in the South with the highest concentration of Black-owned businesses, according to the Truck Info data.
The District of Columbia, Maryland, and Georgia have approximately 50% more Black-owned businesses than other states. Transportation is the most popular industry for Black entrepreneurs. Black business owners comprise nearly 8% of the transportation and warehousing industries, more than twice the national average.
Other popular industries include healthcare, social services, administrative support, and entertainment.
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