Minneapolis ranked 4th worst metro in nation for black citizens
by Samuel Stebbins Evan Comen
The business website 24/7 Wall St. ranked Minneapolis one for the worst cities in the nation for black people. It is fourth behind Waterloo-Cedar Falls, Iowa, which was ranked worst for black American. Two Wisconsin cities, Milwaukee and Racine, were second and third, respectively.
The breakdown on the Minneapolis ranking:
> Black population: 270,924 (7.8%)
> Black median income: $31,653 (41.5% of white income)
> Unemployment: 12.3% black; 3.9% white
> Homeownership rate: 24.6% black; 75.8% white
The Minneapolis-St. Paul-Bloomington metro area is one of several Midwestern cities that enacted restrictive housing covenants and exclusionary zoning policies in the 20th century. These policies still impact residential patterns today. The city is highly segregated by race and has some of the largest disparities in poverty, income, and homeownership between black and white residents of any U.S. metro area.
While the 6.0% white poverty rate in Minneapolis is far lower than the comparable 10.6% national figure, the 32.0% black poverty rate is above the 26.2% national figure. Additionally, the typical black household in the area earns $31,653 a year, just 41.5% of the white median household income of $76,208. Disparity in homeownership is even more stark. The 24.6% black homeownership rate in the Twin Cities metro area is less than a third of the 75.8% white homeownership rate.
To read more go to: 24/7 Wall St