Saturday, April 16, 2016

Saturday Stats: San Jose is the top place for minority-owned businesses in the US

We all know San Jose is one of the most diverse cities on the planet and also one of the best cities for business. So it should not come as a big surprise that San Jose is the best place for minority-owned businesses.

At $83,406/year, San Jose had the highest minority median income in the US. The average revenue per minority-owned business in our area comes in at $317,979 and there are 45.74 minority-owned businesses per 1,000 residents. 6th on the list was San Francisco and New York was all the way down at #51.

Source: Nerdwallet, SJ Economy News

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