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 Value by Gender

Reports & Graphics

Definition

Ratio of the average business value, in terms of sales and receipts, of female-owned businesses to male-owned businesses, 2007. A women- or men-owned business is one in which women or men own 50% or more of the equity, interest or stock of the business.

Calculated by dividing the higher value by the lower value, i.e., male-owned business average value divided female-owned business average value.

A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. For example, the value of male-owned businesses is 3.4 times higher in South Dakota than for female-owned businesses.

Description

Business ownership is a fundamental engine for wealth creation, and the value of these businesses, measured in annual sales, can demonstrate the extent of the profitability of the business and the potential for wealth creation. Not only do women own businesses at a rate less than men, the businesses owned by women have significantly lower sales than those owned by men, on average in every state. For example, the average sales and receipts of businesses owned by men in Connecticut are almost four times higher than for businesses owned by women.

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Business Value by Gender

StateAverage Receipts of
Male-Owned Businesses ($)
Average Receipts of
Female-Owned Businesses ($)
RatioRank
United States  $527,103  $199,387  2.64   
Alabama  $535,564  $168,338  3.18  46 
Alaska  $466,397  $198,532  2.35 
Arizona  $498,159  $228,625  2.18 
Arkansas  $488,638  $199,819  2.45  14 
California  $531,152  $241,572  2.20 
Colorado  $460,682  $171,540  2.69  27 
Connecticut  $712,995  $191,415  3.72  51 
Delaware  $567,276  $199,434  2.84  35 
District of Columbia  $565,269  $231,052  2.45  15 
Florida  $397,789  $168,946  2.35  10 
Georgia  $513,238  $173,512  2.96  40 
Hawaii  $426,554  $171,930  2.48  17 
Idaho  $436,785  $190,173  2.30 
Illinois  $603,075  $196,529  3.07  42 
Indiana  $629,159  $192,640  3.27  47 
Iowa  $529,010  $181,387  2.92  37 
Kansas  $632,477  $193,492  3.27  48 
Kentucky  $476,597  $184,181  2.59  22 
Louisiana  $536,869  $239,720  2.24 
Maine  $363,192  $153,913  2.36  11 
Maryland  $517,732  $167,207  3.10  43 
Massachusetts  $591,177  $186,406  3.17  45 
Michigan  $494,591  $156,952  3.15  44 
Minnesota  $579,885  $194,954  2.97  41 
Mississippi  $493,644  $174,196  2.83  34 
Missouri  $530,852  $208,024  2.55  20 
Montana  $372,338  $165,228  2.25 
Nebraska  $576,695  $198,655  2.90  36 
Nevada  $639,744  $248,916  2.57  21 
New Hampshire  $498,171  $206,902  2.41  13 
New Jersey  $614,736  $234,095  2.63  24 
New Mexico  $441,513  $201,803  2.19 
New York  $529,115  $179,463  2.95  39 
North Carolina  $491,185  $181,894  2.70  29 
North Dakota  $546,330  $165,989  3.29  49 
Ohio  $552,412  $189,402  2.92  38 
Oklahoma  $476,076  $203,774  2.34 
Oregon  $530,990  $198,256  2.68  25 
Pennsylvania  $587,577  $210,401  2.79  31 
Rhode Island  $488,314  $179,446  2.72  30 
South Carolina  $487,173  $174,047  2.80  33 
South Dakota  $568,600  $166,099  3.42  50 
Tennessee  $468,362  $184,293  2.54  19 
Texas  $507,324  $203,398  2.49  18 
Utah  $506,568  $212,120  2.39  12 
Vermont  $378,862  $140,562  2.70  28 
Virginia  $516,463  $184,731  2.80  32 
Washington  $591,686  $240,303  2.46  16 
West Virginia  $495,236  $184,487  2.68  26 
Wisconsin  $653,720  $249,764  2.62  23 
Wyoming  $563,786  $296,267  1.90 

Source

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

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