Black History Month Ends Today

February is Black History Month, so on this last day of the month, I wanted to concentrate on some facts about African Americans that are not usually reported in the media - just a traveler



Businesses

- $88.6 billion in revenues for black-owned businesses in 2002, up 24 percent from 1997. The number of black-owned businesses totaled 1.2 million in 2002, up by 45 percent since 1997. Black-owned firms accounted for 5 percent of all nonfarm businesses in the United States.

- 129,329 - The number of black-owned firms in New York in 2002, which led all states. New York City alone had 98,080 such firms, which led all cities.

- 10,716 - The number of black-owned firms operating in 2002 with receipts of $1 million or more. These firms accounted for 1 percent of the total number of black-owned firms in 2002 and 55 percent of their total receipts, or $49 billion.

- 969 - The number of black-owned firms with 100 or more employees in 2002. Firms of this size accounted for 24 percent of the total revenue for black owned employer firms in 2002, or $16 billion.

Education

- 80% of blacks age 25 and older had at least a high school diploma in 2005. In states such as Colorado, the proportion was even higher - 90 percent. (Source: 2005 American Community Survey)

- 17% of blacks 25 and older had a bachelor's degree or higher in 2005. In many states, the rate was higher. 26% blacks this age in Colorado, for instance, had this level of education. (Source: 2005 American Community Survey)

- 1.1 million blacks age 25 and older had an advanced degree in 2005 (e.g., master's, Ph.D., M.D. or J.D.). Ten years earlier - in 1995 - only 677,000 blacks had this level of education.

- For the 2005 school year, 2.3 million black college students were enrolled. This was an increase of roughly 1 million from 15 years earlier.

Families and Children

- There are 9.1 million black families in the United States. Of these, nearly one-half (47%) are married-couple families.

- 11% of black children live in a household maintained by a grandparent.

- 46% of black householders own their own home, nationally. The rate was higher in certain states, such as Mississippi, where it reached 56%.

Military Service

- There are 2.4 million black military veterans in the United States in 2004.
(Source: American FactFinder)

Jobs

- 26% of blacks age 16 and older work in management, professional and related occupations. (Source: American FactFinder)

- There are 44,000 black physicians and surgeons; 79,400 postsecondary teachers; 45,200 lawyers; and 49,300 chief executives.

(Source: Upcoming Statistical Abstract of the United States: 2007)

Data courtesy of the U.S. Census Bureau