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These 10 cities have come out at the top for the best metro areas financially for Black people.
These are the WORST 10 cities: https://youtu.be/KWswXB7IHM4?si=zUNLCBO8lZdSZ4dI
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in our last video on the top 10 worst
0:02
cities for blacks financially it
0:04
garnered a lot of conversation most of
0:06
the comments suggested that the list was
0:08
pretty accurate and you know I'm looking
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at you Ohio the comments also had a
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request for the inverse of that list the
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top 10 cities where blacks are also
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doing the best financially and that's
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what we have for you today a couple of
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things I wanted to point out that I
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should have pointed out in our last
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video the median household income for
0:25
the general US population was
0:28
$775 40
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in the year that this survey was
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conducted and the home ownership rate in
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the US is
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65.6% so when we talk about black
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numbers for those two things that's what
0:40
you can compare it to okay now let's get
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to our list going from the number 10
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spot to the number one best city for
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blacks financially and number 10 we have
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Ogden Utah when I first saw this city on
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the list for best places for black
0:54
people my reaction was there are black
0:58
people in Utah then I looked up the
1:00
numbers on Ogden and just like I thought
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of the approximately 87,000 people only
1:07
2% are black so really there are
1:10
practically no black people in Utah or
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at least in Ogden but the 2% black
1:15
population there has a 62,000 median
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household income and a 43% home
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ownership rate Ogden has the second
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lowest unemployment rate for this list
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at 3.9% and 26% of the black households
1:29
here make over 100k time to get on my
1:32
hiking boots and maybe head to Utah and
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number nine we have Baltimore Maryland
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now before the comments start to go
1:40
crazy I know that this is a very
1:43
controversial City according to our
1:45
previous videos we've had Baltimore on a
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list of best cities for black people and
1:50
tons of people in the comments went
1:52
absolutely nuts saying Baltimore is a
1:55
horrible City I have to go see it for
1:57
myself but according to the numbers it's
1:59
one of the best cities to live in at
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least financially the black median
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household income here is
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9,374 th000 and 28% of households make
2:10
over
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$100,000 the home ownership rate is 47%
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with 28% of the black residents holding
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a bachelor's degree or higher if you
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live in Baltimore or you've lived there
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before please let me know in the
2:24
comments your opinion on this city I
2:26
might end up filming like a small
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documentary to see where all the rich
2:30
people are or what's going on in this
2:32
city is there just tons of people making
2:35
a lot of money and then a lot of poor
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people because I get roasted in the
2:39
comments every time I even mention this
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city and keep in mind these are the
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Metro areas we're talking about so it's
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Baltimore and the surrounding areas and
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number eight we have a city I can't wait
2:49
to see one day and that's Raleigh North
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Carolina now this is a city I've always
2:53
been curious about because I've heard of
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all the black entrepreneurship going on
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here I got really close when I went to
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Durham one time but I have not had the
3:01
chance to actually check out rally a
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little side fact that I learned recently
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we've all heard of Black Wall Street but
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there was actually a black Main Street
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you guys should read about it that was
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located in Raleigh North Carolina the
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rale metro area has a population of 1.5
3:16
million with 20% being black the median
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household income is
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$54,500 and 32% of residents have a
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bachelor's degree or higher the home
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ownership rate is 47% in R and
3:30
unemployment sits at 7.2% but 23% of
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black households make over $100,000 a
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year I haven't heard much about rally in
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the last couple of years so I wonder if
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the hype around this area has died down
3:43
is there still a ton of black
3:44
entrepreneurship and growth happening in
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this area let me know and number seven
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we have San Antonio Texas about 6% of
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San Antonio metro area is black and has
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a median household income of
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$544,000 a quarter of the population
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makes over
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$100,000 and 46% are homeowners the
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percentage of the residents that have a
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bachelor's degree or hire is at 31% the
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unemployment rate for black residents
4:10
sits at a medium 6.4% from the numbers
4:14
San Antonio seems like a decent City
4:16
I've never been there I've been to
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Dallas a couple times but let me know if
4:19
you live there and what you think of the
4:21
city and number six we have Oxnard
4:23
California this Metro by the Pacific
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Ocean is located between Los Angeles and
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Santa Barbara a oard is located in
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Ventura County which is only 1.6% black
4:34
Oxnard has the highest black median
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household income on this list at
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$83,500 was at 30% for black residents
5:02
in Oxnard the home ownership rate is at
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44% 38% of black residents in Oxnard
5:08
have a bachelor's degree or higher and
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42% of households make over 100k which
5:14
is also the highest on this list however
5:17
the unemployment rate for black
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residents is also the highest on this
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list at 88.7% I'm not too surprised by
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Oxnard landing on this list because it's
5:25
a high income area I just wasn't sure
5:28
about it being single out above let's
5:31
say la or San Jose La landed at a
5:34
disappointing 39th place the median
5:36
income there is $
5:38
55,8 39 which is crazy I actually live
5:42
close to LA and for the median to be
5:44
$55,000 in La where the average price of
5:48
a house is a million or over now is
5:50
crazy to me and it has a 10%
5:53
unemployment rate for black residents
5:55
whatever you do if you're going to move
5:57
to LA just move don't come look at it
5:59
first because you're going to see
6:01
homeless everywhere it's just atrocious
6:03
right now there are some streets that
6:04
are so bad you would think that you're
6:06
in a different country I just drove down
6:08
one the other day it was insane I can't
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believe how much LA's changed every time
6:13
that I go there but if you are going to
6:14
go there if you're stuck and you have to
6:16
come here just come here hopefully
6:18
you're moving to a good area but if you
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have the time make sure you do your
6:22
research pick a city like Oxnard or some
6:25
surrounding City but make sure you do
6:27
your research before you just move here
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because it's not it just doesn't look
6:32
good right now and number five you can
6:34
see that I'm a little bent up about LA
6:37
and number five we have Atlanta Georgia
6:40
this is another city I visited out of
6:42
curiosity since it's the mecca of Black
6:45
Culture I recently went there and I
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would just like to say the people are
6:48
amazing it kind of bothered me that a
6:50
lot of the restaurants were closed at
6:51
the time yeah the people were friendly a
6:54
lot more friendly than LA to me
6:55
everybody wanted to talk to you but I
6:57
was only there for a short period of
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time so I don't know what it's like to
7:01
really live there let me know in the
7:02
comments the median household income for
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black residents in Atlanta is $
7:07
58,60 with 50% of them being homeowners
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that's the second highest home ownership
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rate on this top 10 list 33% of
7:16
residents here have a bachelor's degree
7:18
or higher with exactly a quarter of the
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black households making over 100k
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unemployment rate for black residents in
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Atlanta is
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7.6% that's so crazy that how expensive
7:30
La is compared to the rest of these
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places and the median income is close to
7:35
the same and there is a tie between two
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metros for the next two spots first one
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is popsi New York there is the city of
7:43
popsi which I've never heard of in the
7:45
town of bpsi which I've never heard of
7:48
and those two areas combined have a
7:50
population of over 880,000 people but
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they are part of a larger metro area
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with a population of over 600,000 people
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in the most recent survey that Metro is
8:02
about 12% black with most black
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residences concentrated in bpsi which
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I've never heard of the black median
8:09
household income here is
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$67,000 and 46% of black residences
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being homeowners 34% of black households
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earn over $100,000 which is the third
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highest for this top 10 list
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unemployment rate here is 7.2% the other
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Metro that tied for third place is Provo
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UT
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again what what what are we doing like
8:32
what is the rest of the United States
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doing how does Utah have two cities on
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our top 10 lists because I've never ever
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thought about moving to Utah I've never
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even heard of a black person talk about
8:45
moving to Utah but let me know I'll go
8:47
visit I'll go I'll go check it out Provo
8:49
is part of the Provo Ora metro area with
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a population of 671 th000 people but
8:55
again the black population here is
8:57
almost non-existent at
9:00
0.5% but hey it's still landed on this
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list with that tiny percentage the
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median household income for those
9:07
residence is
9:10
$59,400 home ownership rate the
9:13
unemployment rate is the lowest on this
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list at 3.6% the second lowest
9:19
unemployment rate on this list was also
9:21
in Utah so if you've been looking for
9:23
employment for a while it might be time
9:25
to pack up your things and head to Utah
9:27
34% of black residents have a bachelor's
9:30
degree and 28% of them have a household
9:33
income of over 100k and number two
9:36
another place I love Austin Texas so
9:39
Utah and Texas have both landed two
9:41
cities in the top 10 for black people
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and I'm not surprised about Texas Austin
9:46
is a pretty cool City from what I saw
9:48
when I visited there and as a pretty
9:50
Lively downtown area the black median
9:52
income here is
9:55
$1,272 and 44% of black residents are
9:59
home home owners 27% of black households
10:02
earn over $100,000 the unemployment rate
10:05
is not as low as Utah but not as bad as
10:08
Baltimore either landing at a medium 6%
10:11
and now it's time for the number one
10:14
metro area where black people are doing
10:16
the best financially you deserve to brag
10:18
if you live here I wish I lived here and
10:20
that is Washington DC I swear if it
10:24
wasn't cold which I'm probably being
10:26
dramatic if it wasn't cold I would be
10:28
living in Wasing Washington DC or around
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the surrounding areas I love it every
10:32
time I go there and hopefully one day I
10:34
will own a condo or a house or something
10:37
in Washington DC I just I love the
10:40
feeling when I go there and also there's
10:41
lots of Ethiopian food and beautiful
10:43
Ethiopian people they're all over the
10:45
place black residents in the DC Metro
10:47
area have a median household income of
10:52
$82,400 of them are homeowners which is
10:55
the highest home ownership rate for the
10:58
top 10 list I just love DC I love all
11:00
the black cultures that are coming
11:02
together there I love the conversations
11:04
that you hear at coffee shops I love
11:06
everything about DC except the freaking
11:09
cold I just can't do the cold 40% of
11:11
black households make over $100,000 a
11:14
year and 37% of black residents have a
11:17
bachelor's degree or higher so with all
11:19
of these great things going for it why
11:21
does DC also have the second highest
11:24
unemployment rate on this list at 8.1%
11:27
so has anything on this list surprised
11:29
you like Utah surprise me let me know in
11:32
the comments ask me anything I might
11:34
have left out also if you want to check
11:36
out our list of the worst cities for
11:38
black people you know where to look up
11:40
above we'll see you on the next
11:43
episode Utah really what the heck is
11:46
going on in Utah what is going on in
11:48
Utah this is crazy
#Finance
#Discrimination & Identity Relations