CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Households with Savings Accounts

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Change in Consumers with Subprime Credit

Change in Average Credit Card Debt

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Business Ownership by Gender

Reports & Graphics

Definition

Ratio of the business ownership rate of women to men, 2007. The business ownership rate is defined as the number of businesses in which women or men own 50% or more of the equity, interest or stock of the business as a percentage of women or men in the labor force. 

Calculated by dividing the higher value by the lower value, i.e., men-owned business ownership rate divided women-owned business ownership rate. 

A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. For example, the business ownership rate of men in New York is 1.4 times higher than for women.

Description

This measure describes the disparity in business ownership between male and female workers. Business ownership is a fundamental engine for wealth creation, but business ownership is more prevalent for men than it is for women. This measure describes the disparity in business ownership between men and women in the labor force. For example, in Rhode Island, men own businesses at a rate 1.5 times higher than women.

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Business Ownership by Gender

StatePercent of
Male Labor Force
Owning Firms (%)
Percent of
Female Labor Force
Owning Firms (%)
RatioRank
United States  23.5%  18.6%  1.26   
Alabama  23.8%  17.3%  1.38  37 
Alaska  27.3%  22.1%  1.23  17 
Arizona  20.8%  20.3%  1.03 
Arkansas  24.7%  19.4%  1.27  22 
California  23.6%  21.6%  1.09 
Colorado  26.3%  23.4%  1.13 
Connecticut  24.1%  16.2%  1.49  50 
Delaware  24.1%  16.8%  1.44  44 
District of Columbia  23.4%  16.9%  1.39  38 
Florida  29.3%  22.7%  1.29  26 
Georgia  24.3%  18.8%  1.29  28 
Hawaii  24.2%  20.6%  1.17  13 
Idaho  27.6%  26.7%  1.03 
Illinois  21.8%  17.6%  1.24  18 
Indiana  20.6%  16.3%  1.26  20 
Iowa  22.2%  17.7%  1.25  19 
Kansas  21.7%  18.9%  1.14  10 
Kentucky  23.0%  17.3%  1.33  32 
Louisiana  26.3%  19.6%  1.34  33 
Maine  30.7%  21.4%  1.43  42 
Maryland  23.5%  17.9%  1.31  29 
Massachusetts  23.0%  16.4%  1.40  40 
Michigan  21.7%  17.0%  1.27  23 
Minnesota  24.0%  17.8%  1.35  34 
Mississippi  24.2%  16.7%  1.45  45 
Missouri  23.3%  18.1%  1.29  27 
Montana  32.3%  25.4%  1.28  25 
Nebraska  22.7%  19.2%  1.19  14 
Nevada  21.3%  20.1%  1.06 
New Hampshire  26.1%  17.9%  1.46  47 
New Jersey  23.5%  16.2%  1.45  46 
New Mexico  21.4%  20.3%  1.06 
New York  27.2%  18.9%  1.44  43 
North Carolina  24.2%  17.7%  1.37  36 
North Dakota  23.7%  19.2%  1.23  16 
Ohio  20.5%  14.5%  1.41  41 
Oklahoma  26.9%  22.4%  1.20  15 
Oregon  23.4%  22.0%  1.06 
Pennsylvania  21.5%  14.5%  1.48  49 
Rhode Island  23.5%  15.2%  1.55  51 
South Carolina  23.1%  15.8%  1.46  48 
South Dakota  25.6%  20.0%  1.27  24 
Tennessee  24.5%  17.5%  1.40  39 
Texas  24.4%  21.1%  1.16  12 
Utah  24.3%  21.1%  1.15  11 
Vermont  31.9%  23.5%  1.36  35 
Virginia  21.1%  16.0%  1.32  30 
Washington  21.6%  19.6%  1.11 
West Virginia  19.7%  15.5%  1.27  21 
Wisconsin  20.0%  15.1%  1.32  31 
Wyoming  28.7%  27.4%  1.05 

Source

Survey of Business Owners. Washington, DC: U.S. Department of Commerce, Census Bureau, 2007.

Geographic Profile of Employment and Unemployment, 2007 Annual Averages. Washington, DC: U.S. Department of Labor, Bureau of Labor Statistics, 2007.

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