Nearly 30% of All Businesses in the District are Black-Owned

Nearly 30% of all businesses in the District are Black-owned — the largest percentage compared to four other major U.S. cities, according to a new report.

The report published in mid-August by Philly’s Center City District (CCD) and the Central Philadelphia Development Corporation examines the business density in five East Coast cities — Philadelphia, New York, Atlanta, Boston and Washington, D.C. — while highlighting and comparing how many Black-owned businesses are in these regions.

The report draws data from the U.S. Census Bureau’s annual business survey in 2018 and its American Community Survey 2017 one-year estimates. It’s important to note that there are large differences in geographical size and population among the five cities, so the report shows a “business density” for each city, which is the ratio between the number of businesses in a city and its population. The 2018 business data used was the most up-to-date information available.

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