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Cities Where African-Americans Are Doing The Best Economically 2018
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 http://ow.ly/cexs30kcfuo
#RolandsBookClub suggested reading:
The Memo: Five Rules for Your Economic Liberation https://amzn.to/2KVsNla
Where Do We Go from Here: Chaos or Community? https://amzn.to/2KYQrgP
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