Delaware ranks at or near the top in minority businesses.
According to the: Business Owner Diversity report from Paychex Worx:
- Delaware ranks No. 1 for the most minority female-owned businesses
- The top 5 cities in Delaware with the most minority female-owned businesses are: New Castle, Bear, Newark, Wilmington, Middletown
- Delaware ranks No. 2 for having the most minority-business owners– the top 5 cities include: New Castle, Wilmington, Claymont, Bear, Newark.
Maryland and Delaware earned top spots for the highest number of minority-owned businesses per capita in America, and both had an above average ratio of minority residents.
Delaware ranked No. 2 in the number of minority owned businesses per 100,000 residents, trailing Maryland by a wide margin, but well ahead of No. 3 Arkansas.
In Arkansas, which ranked third overall with 17.7 minority-owned operations per every 100,000 residents, the ratio of minority residents was lower than the national average. Experts suggested the success may be owed in some parts of the state to the booming economy supported by big name brands including Walmart and Tyson Foods having established corporate hubs in the state.
Nine states among the 50 did not have easy-to-access reporting on minority business owners in their region, including Arizona, Alabama, and Idaho.
While Delaware ranked No. 1 in the number of minority women-owned businesses, it did not make the top 10 in the number of female-owned businesses.