Black Ownership Statistics 2024 In 2019, Black business owners owned 3,589,567 businesses. Black-owned businesses employed 1,273,002 Americans. Total Firms 3,589,567 Total Sales $217.3 billion Employer Firms 134,567 Employer Total Sales $133.7 billion No. of Employees 1,273,002 Annual Payroll $40.5 billion Nonemployer Firms 3,455,000 Nonemployer Total Sales $83.6 billion Source: U.S. Census, ABS, NES-D, https://www.census.gov/programs-surveys/abs/data/nesd.html
Fact SheetSmall Business Facts

Facts About Small Business: Black-Ownership Statistics 2024

By Office of Advocacy

Advocacy has released an updated infographic showcasing Black-owned businesses. Black business owners own 3.5 million businesses and employ more than 1.2 million people. This represents an annual increase of over 7 percent in people employed by Black entrepreneurs. The infographic uses the most recent Census Bureau data to show the contributions of Black-owned businesses in the United States.

Black Ownership Statistics 2024 In 2019, Black business owners owned 3,589,567 businesses. Black-owned businesses employed 1,273,002 Americans. Total Firms 3,589,567 Total Sales 7.3 billion Employer Firms 134,567 Employer Total Sales 3.7 billion No. of Employees 1,273,002 Annual Payroll .5 billion Nonemployer Firms 3,455,000 Nonemployer Total Sales .6 billion Source: U.S. Census, ABS, NES-D, https://www.census.gov/programs-surveys/abs/data/nesd.html
Black Ownership Statistics 2024 In 2019, Black business owners owned 3,589,567 businesses. Black-owned businesses employed 1,273,002 Americans. Total Firms 3,589,567 Total Sales $217.3 billion Employer Firms 134,567 Employer Total Sales $133.7 billion No. of Employees 1,273,002 Annual Payroll $40.5 billion Nonemployer Firms 3,455,000 Nonemployer Total Sales $83.6 billion Source: U.S. Census, ABS, NES-D, https://www.census.gov/programs-surveys/abs/data/nesd.html
Black Ownership Statistics 2024 In 2019, Black business owners owned 3,589,567 businesses. Black-owned businesses employed 1,273,002 Americans. Total Firms 3,589,567 Total Sales $217.3 billion Employer Firms 134,567 Employer Total Sales $133.7 billion No. of Employees 1,273,002 Annual Payroll $40.5 billion Nonemployer Firms 3,455,000 Nonemployer Total Sales $83.6 billion Source: U.S. Census, ABS, NES-D, https://www.census.gov/programs-surveys/abs/data/nesd.html

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