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Multicultural Services > AFRICAN AMERICAN MARKET
African American Market Facts

Population

  • There is an estimated 40.7 million African Americans in the U.S. That represents 13.5% of the total U.S population.
  • By 2050, it's estimated that there will be 65.7 million African Americans in the U.S.

Purchasing Power

  • In 2007, African American’s purchasing power was $913 billion.
  • It’s estimated that by 2013, African Americans will have a purchasing power of $1.2 trillion.
  • Where African Americans are spending their dollars: phone services, utilities, apparel, footwear and groceries.

Internet

  • There are more than 10 million African Americans online.

Media

  • African Americans out rank any other minority in leadership positions in mainstream publications.

Top African American Markets

Market/DMA Population
New York 4 million
Chicago 1.9 million
Atlanta 1.6 million
Washington D.C. 1.6 million
Philadelphia 1.5 million


Sources: U.S. Census Bureau, Selig Center, Packaged Facts, Synovate, Black Enterprise and EEOC Diversity Media Study

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African American Market Facts
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