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Geekdom to unveil new area to San Antonio entrepreneurs at subsequent Startup Day

March 2, 2024
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In February, a brand new report compiled by Black workers at on-line rental market Condominium Checklist ranked San Antonio the No. 3 finest U.S. metropolis for Black professionals.

Condominium Checklist reviewed 76 cities throughout 4 main classes to find out the rankings: group and illustration; financial alternative; housing alternative; and enterprise surroundings.

San Antonio earned a rating of 65.44 out of a complete 100 factors, making it the top-ranked metropolis in Texas for Black professionals.

Town earned top-10 rankings in three out of the 4 most important classes:

No. 2 – Financial opportunityNo. 7 – Housing opportunityNo. 10 – Group and representationNo. 20 – Enterprise surroundings

Because the highest-ranked metropolis within the Lone Star State, the examine commends San Antonio for its excessive Black employment charge (94 %) and its median earnings for Black workers ($38,151). Whereas the earnings for Black workers remains to be 4 % decrease than the remainder of the San Antonio inhabitants, the examine says the town’s numbers are “a lot nearer” than the opposite cities within the prime three: Washington, D.C. (No. 1) and Atlanta, Georgia (No. 2).

Equally to Condominium Checklist’s 2022 report – which additionally positioned San Antonio at No. 3 – particular recognition was given to native Black-owned companies, together with Black Stallion Boxing Plus, Jamaica Jamaica Delicacies, and Gold Diamonds.

On the subject of training, the report discovered San Antonio’s share of Black graduates is 31 %. St. Philip’s School is the one HBCU within the metropolis, regardless of Texas having the second-highest variety of HBCUs within the nation.

San Antonio additionally has room for enchancment relating to its Black homeownership charges, in response to the examine.

“Whereas the Black homeownership charge is larger than common at 44 %, the homeownership hole (Black homeownership charge to non-Black homeownership charge) fairly low at -19 %,” the report’s writer wrote. “Maybe this might be defined by San Antonio’s general homeownership charge, which can be decrease than the state’s common. Moreover, the decrease homeownership hole may clarify the associated fee burden charge additionally being decrease than common at 41 %.”

Here is how San Antonio stacked up in different metrics:

Black inhabitants share: 9 percentBlack academics: 8 percentBlack medical doctors: 8 percentBlack legal professionals: 10 percentBlack managers: 7 %

Elsewhere in TexasTexas cities dominated the general prime 10. Houston ranked proper behind San Antonio, incomes No. 4, with Dallas (No. 6) and Austin (No. 7) not too far behind.

Houston got here in lower than 2.5 factors behind San Antonio with a complete rating of 63.01 factors. The report praised Houston’s scores throughout its enterprise surroundings (No. 3), group and illustration (No. 4), and financial alternative (No. 10). However like San Antonio, Houston fell behind in its housing alternative rating (No. 21).

The report factors out that whereas Houston’s Black inhabitants share is larger than San Antonio’s (19 %), it is nonetheless decrease general than different cities within the prime 10.

“Moreover, the group is well-represented in some vital occupations: 20 % of academics are Black, as are 21 % of medical doctors,” the report mentioned. “Houston can be house to the HBCU Texas Southern College, serving to a job market when the median Black earnings is a number of thousand {dollars} above common.”

Houston additionally has the very best charge of Black-owned companies in your complete state, at 18 %.

“From the Mitochondria Gallery to Ten Skyncare and Knowledge’s Vegan Bakery, Houston has all of it!” the report mentioned.

The highest 10 cities for Black professionals are:

No. 1 – Washington, D.C.No. 2 – Atlanta, GeorgiaNo. 3 – San Antonio, TexasNo. 4 – Houston, TexasNo. 5 – Palm Bay, FloridaNo. 6 – Dallas, TexasNo. 7 – Austin, TexasNo. 8 – Colorado Springs, ColoradoNo. 9 – Lakeland, FloridaNo. 10 – Charlotte, North Carolina



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