As Black History Month begins, it’s important to recognize the many financial barriers that Black Americans continue to face today.In fact, the median income of Black households in 2021 was almost $23,000 less than the median income of all households nationally.
However, the economic environment for Black Americans can vary from place to place.
In a new study, SmartAsset analyzed data for 133 locations across the U.S. to uncover where Black Americans fare best economically. They evaluated metrics such as household income, homeownership and education, among others.
Their findings show that Charlotte ranked among the top 15 places where Black Americans fare best economically.