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Black Wealth Indicators
The Black Wealth Indicators tool brings together county-level metrics from our Racial Wealth Equity Database to explore the state of Black wealth. In addition to direct measures of wealth, such as home values and household debt, the tool displays data on factors that can determine household earning power, such as educational attainment. The tool can offer a nuanced picture of where a county is succeeding while highlighting areas to target interventions in addressing racial wealth inequity compared to its peers.
black wealth indicators FOR
Mecklenburg CountyMecklenburg County
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nationalnational
CONTEXT VARIABLES

MEDIAN HOME VALUE (2022)

NUMBER OF BUSINESS FORMATIONS (2023)

SOCIAL VULNERABILITY INDEX (0=LOW RISK, 1=HIGH RISK) (2022)

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BLACK POPULATION PERCENTAGE (2022)

  • Sources: American Community Survey - US Census (Median Home Value, Black Population Percentage); Business Formation Statistics - US Census (Number of Business Formations); Centers for Disease Control (Social Vulnerability Index)
COMPARING INDICATORS

Median Income for Black Households (2022)

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Sources: American Community Survey, US Census

Black Homeownership Rate (2022)

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Sources: American Community Survey, US Census

Black Households in Poverty (2022)

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Sources: American Community Survey, US Census

Health insurance coverage among Black households (2022)

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Sources: American Community Survey, US Census

Bachelor's Degree Attainment for Black Individuals (2022)

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Sources: American Community Survey, US Census

Debt to Income Ratio (2022)

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Sources: Federal Reserve and Equifax Credit Panel

PPP Dollar Amount Received by Black Businesses per Black Capita (2020-2021)

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Sources: Small Business Administration

Broadband Internet Access among Black households (2022)

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Sources: American Community Survey, US Census

Expected Annual Loss Per Capita Due to Natural Hazards (2022)

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Sources: Federal Emergency Management Agency (FEMA)

FDIC Active Institutions per 100,000 People (2023)

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Sources: Federal Deposit Insurance Corporation (FDIC)

Annual Unemployment Rate (2024)

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Sources: Local Area Unemployment Statistics, Bureau of Labor Statistics (BLS)
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    Citation
    Black Wealth Data Center. (2024). Black Wealth Indicators. blackwealthdata.org.

    EXPLORE DATA

    Assets & Debt

    From 2013 - 2016, the median net worth of Black families increased by 29%.

    SEE MORE DATAGo to Assets & Debt page

    Business Ownership

    Florida has the highest number of Black-owned businesses.

    SEE MORE DATAGo to Business Ownership page

    Education

    In 2019, 26.3% of Black individuals have earned a Bachelor's degree or higher.

    SEE MORE DATAGo to Education page

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