The Best Cities for Black Americans To Prosper

Durham, Raleigh, and Charlotte are among the Top 20 cities where Black Americans fare best economically.

Black folk in Durham always knew that the city was one of the country’s best-kept secrets. Now with all these damnable “best of” lists, the city is experiencing a housing shortage caused by an influx of affluent (usually white) newcomers, and the price of available homes is higher than WTVD’s indomitable doppler radar.

Black folks in Durham are being approved for homes they could have purchased in 1998, but today that cute little bungalow on the West End is selling for more than $400,000.

The report also notes that the challenge of accumulating wealth has been exacerbated by COVID-19’s disproportionate impact on both the health and economic well-being of Black Americans.

The study determined the cities where Black Americans fared best economically leading up to 2020 by comparing 129 cities across six metrics; income, homeownership rates, labor force participation rates, and poverty rates, along with the percentage of Black adults with a bachelor’s degree and percentage of Black-owned business in each city.

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