10 Cities Where Black Families Do Best Economically

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10 Cities Where Black Families Do Best Economically –

Forbes published the top 10 U.S. cities in which African Americans are doing the best economically.  The cities were selected from America’s 52 largest metropolitan areas that present African-Americans with the best opportunities .  Overall, the top cities were selected based on median household income, home ownership rate, and the percent of those self-employed.




Here are the top 10: 

  1. Atlanta, GA – Median household income: $41,047. Home ownership rate: 51.5 percent. Self-employed: 17.1 percent.
  2. Raleigh, NC – Median household income: $42,285. Home ownership rate: 46.7 percent. Self-employed: 12.8 percent.
  3. Washington, DC – Median household income: $64,896. Home ownership rate: 49.2 percent. Self-employed: 15.1 percent.
  4. Charlotte, NC – Median household income: $36,522. Home ownership rate: 43.9 percent. Self-employed: 13.6 percent.
  5. Baltimore, MD – Median household income: $47,898. Home ownership rate: 46.2 percent. Self-employed: 15 percent.
  6. Virginia Beach-Norfolk, VA – Median household income: $40,677. Home ownership rate: 43.8 percent. Self-employed: 13.2 percent.
  7. Orlando, FL – Median household income: $33,982. Home ownership rate: 43.8% percent. Self-employed: 11 percent.
  8. Miami, FL – Median household income: $36,749. Home ownership rate: 44.9 percent. Self-employed: 11.2 percent.
  9. Richmond, VA – Median household income: $38,899. Home ownership rate: 47.8 percent. Self-employed: 12.7 percent.
  10. San Antonio, TX – Median household income: $41,681. Home ownership rate: 40.8 percent. Self-employed: 9.3 percent.

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