Business is booming in the Lone Star State, and a new report from GoodCall ranks large Texas cities as some of the best economic environments for black entrepreneurs — and Houston is near the top of the list.
The Houston-The Woodlands-Sugarland metro area ranks No. 2 in the nation for black entrepreneurs. In Houston, 23.41 percent of African-Americans have a bachelor's degree or higher. The Houston area impresses with a high ratio of 9.47 African-American-owned businesses per 1,000 people. However, Houston ranks No. 24 for economic health, tied with the Dallas-Fort Worth-Arlington area.
The research website looked at statistics from the U.S. Census Bureau and the Bureau of Economic Analysis to get an idea of "each city's economic health, the strength of its job market, its educational values, and its concentration of African-American-owned businesses."
The Dallas-Fort Worth metroplex comes in just behind Houston at No. 3. There are 8.10 African-American-owned businesses per 1,000 residents, and 23.41 percent have higher education degrees.
Austin-Round Rock takes the No. 6 spot on the Texas-dominated top 10 list. While 24.17 percent of African-Americans in Austin have a bachelor's degree or higher, there are only 3.06 African-American-owned businesses per 1,000 Austin residents, which is far less impressive than the other Texas cities on the list.
San Antonio barely misses the top 10, ranking No. 13. A No. 18 position for economic health and a 24.09 percent education rate boosted San Antonio in the rankings, but the city has only a 2.5 to 1,000 African-American-owned business ratio.
For a further breakdown of the numbers, head to GoodCall.