We decided to look in to which of America’s 52 largest metropolitan areas present African Americans with the best opportunities. We weighed these metropolitan statistical areas by three critical factors — homeownership, entrepreneurship, as measured by the self-employment rate, and median household income — that we believe are indicators of middle-class success. Data for those is from 2013. In addition, we added a fourth category, demographic trends, measuring the change in the African-American population from 2000 to 2013 in these metro areas, to judge how the community is “voting with its feet.” Each factor was given equal weight.
One of the most noticeable trends of the report is that the South is comprised of cities and metropolitan areas that offer the best opportunities for Black residents.
In the Forbes survey, 13 of the 15 metro areas captured were in the South.
Read more about the Forbes report here.
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Charlotte No. 4, Raleigh No. 2, Cities For Black Economic Success was originally published on praisecharlotte.com
