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With Black History Month around the corner, MoneyGeeka personal finance and analytics website has listed the 15 best and worst for Black women to feel supported and flourish financially. However, Black women still face more barriers than most due to the combined effect of racial and gender bias.
To come up with the lists, MoneyGeek analyzed data on income, the cost of crime, homeownership, and poverty level from cities across the U. The rankings include analysis of income, poverty rate, homeownership, educational attainment, and health insurance gaps between Black women and the entire population locally and nationally. The quickest takeaway from both lists is how many cities on both lists are in the same state.
Of the 15 best cities five are in California and of the 15 worst, four are in Florida. Additionally, Texas and Florida have at least one city on both lists.
The lack of economic opportunities puts both Black men and women at a disadvantage when it comes to building wealth. The coronavirus pandemic has also increased the wealth gap between Black and white Americans. Primary Menu. Search for: Search.