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Cities Where African-Americans Are Doing The Best Economically 2018

Published on 29 Sep 2019 / In Film & Animation

There's still much room for economic improvement for the nation's black community -- the income gap with whites remains considerably higher than it was in 2000, with the median black household earning 35.5% less than their white counterparts.

To determine where African-Americans are faring the best economically, Forbes evaluated America’s 53 largest metropolitan statistical areas based on three critical factors that we believe are indicators of middle-class success: the home ownership rate as of 2016; entrepreneurship, as measured by the self-employment rate in 2017; and 2016 median household income.

Forbes also added a fourth category, demographic trends. They measured the change in the African-American population from 2010 to 2016 in these metro areas, to judge how the community is “voting with its feet.” Each factor was given equal weight.

Source: Forbes

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