Change in Microenterprise Ownership
Definition
Change in microenterprise ownership rate, 2001-2010.
Description
For low-income individuals, self-employment is a significant source of employment and income, and business ownership represents an important opportunity to build assets. The higher the microenterprise ownership rate, the higher the percentage of residents who have the opportunity to build wealth through business capital accumulation. This indicator tracks the change, over time, of the microenterprise ownership rate.

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Change in Microenterprise Ownership
| State | 2001 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
| United States |
14.6% |
15.1% |
15.7% |
16.1% |
16.1% |
16.6% |
16.2% |
16.0% |
16.7% |
| Alabama |
13.4% |
14.1% |
14.7% |
15.3% |
15.5% |
16.4% |
16.3% |
16.0% |
16.6% |
| Alaska |
17.3% |
17.5% |
17.7% |
17.8% |
17.4% |
18.2% |
17.5% |
17.0% |
17.4% |
| Arizona |
12.9% |
13.7% |
14.1% |
14.7% |
14.6% |
15.1% |
14.3% |
14.0% |
14.8% |
| Arkansas |
15.2% |
15.8% |
16.1% |
16.3% |
16.1% |
16.6% |
16.0% |
15.9% |
16.3% |
| California |
15.3% |
16.0% |
16.8% |
17.4% |
17.4% |
17.9% |
17.2% |
17.0% |
17.7% |
| Colorado |
17.4% |
17.9% |
18.3% |
18.7% |
18.4% |
18.9% |
18.2% |
17.9% |
18.6% |
| Connecticut |
15.3% |
15.7% |
16.2% |
16.4% |
16.3% |
16.5% |
15.8% |
15.3% |
15.5% |
| Delaware |
13.3% |
14.0% |
14.4% |
14.8% |
14.7% |
15.1% |
14.6% |
14.3% |
14.8% |
| District of Columbia |
13.8% |
13.7% |
13.9% |
14.9% |
15.1% |
15.4% |
15.1% |
15.4% |
15.7% |
| Florida |
17.7% |
18.6% |
19.5% |
20.4% |
20.4% |
21.1% |
20.6% |
20.6% |
21.5% |
| Georgia |
14.3% |
15.3% |
16.0% |
16.6% |
16.9% |
17.8% |
17.4% |
17.6% |
18.7% |
| Hawaii |
14.8% |
15.4% |
16.0% |
16.3% |
16.6% |
17.5% |
16.9% |
16.6% |
16.4% |
| Idaho |
16.0% |
16.9% |
17.4% |
17.9% |
18.0% |
18.5% |
17.7% |
17.3% |
17.7% |
| Illinois |
13.6% |
14.4% |
15.0% |
15.5% |
15.4% |
15.7% |
15.4% |
15.5% |
16.0% |
| Indiana |
12.4% |
12.8% |
13.1% |
13.4% |
13.4% |
13.8% |
13.4% |
13.4% |
13.9% |
| Iowa |
13.1% |
13.7% |
14.1% |
14.2% |
14.0% |
14.4% |
14.0% |
13.9% |
14.2% |
| Kansas |
13.9% |
14.1% |
14.4% |
14.7% |
14.6% |
14.8% |
14.3% |
13.8% |
14.4% |
| Kentucky |
14.2% |
14.6% |
15.1% |
15.2% |
15.1% |
15.7% |
15.2% |
14.6% |
15.1% |
| Louisiana |
14.8% |
15.5% |
15.6% |
15.2% |
17.1% |
17.2% |
17.2% |
17.3% |
18.6% |
| Maine |
18.2% |
18.8% |
19.4% |
19.7% |
19.6% |
20.1% |
19.2% |
18.7% |
18.8% |
| Maryland |
14.1% |
14.8% |
15.4% |
15.8% |
15.8% |
16.3% |
15.8% |
15.8% |
15.9% |
| Massachusetts |
14.9% |
15.6% |
16.1% |
16.4% |
15.7% |
16.0% |
15.5% |
15.2% |
15.9% |
| Michigan |
13.2% |
13.7% |
14.3% |
14.8% |
14.5% |
15.0% |
15.0% |
15.1% |
16.5% |
| Minnesota |
14.0% |
14.5% |
15.0% |
15.6% |
15.6% |
15.8% |
15.3% |
14.7% |
15.3% |
| Mississippi |
13.2% |
13.8% |
13.9% |
14.4% |
15.7% |
16.5% |
16.4% |
16.2% |
16.8% |
| Missouri |
13.4% |
14.1% |
14.6% |
14.9% |
14.9% |
15.3% |
14.8% |
14.6% |
15.1% |
| Montana |
19.5% |
20.2% |
20.6% |
21.0% |
20.5% |
20.8% |
20.1% |
19.9% |
20.7% |
| Nebraska |
13.6% |
13.8% |
14.2% |
14.5% |
14.6% |
14.9% |
14.6% |
14.5% |
15.0% |
| Nevada |
13.5% |
14.6% |
15.1% |
15.6% |
15.4% |
15.6% |
14.7% |
14.4% |
14.8% |
| New Hampshire |
15.8% |
16.7% |
17.0% |
17.4% |
16.9% |
17.1% |
16.5% |
15.9% |
16.3% |
| New Jersey |
14.6% |
15.2% |
15.7% |
16.0% |
15.7% |
16.1% |
15.7% |
15.3% |
16.0% |
| New Mexico |
14.2% |
14.4% |
14.7% |
15.1% |
15.0% |
15.5% |
14.9% |
14.7% |
15.1% |
| New York |
17.0% |
17.7% |
18.1% |
18.4% |
18.5% |
19.2% |
18.7% |
18.4% |
19.5% |
| North Carolina |
14.0% |
14.6% |
15.2% |
15.7% |
15.8% |
16.5% |
16.0% |
15.8% |
16.1% |
| North Dakota |
14.6% |
14.7% |
15.0% |
15.2% |
15.1% |
15.4% |
15.3% |
14.8% |
15.4% |
| Ohio |
12.7% |
13.0% |
13.4% |
13.8% |
13.7% |
13.9% |
13.7% |
13.5% |
14.2% |
| Oklahoma |
16.0% |
16.6% |
17.2% |
17.5% |
17.4% |
18.0% |
17.6% |
17.0% |
17.2% |
| Oregon |
14.6% |
15.1% |
15.7% |
16.2% |
16.0% |
16.5% |
15.9% |
15.3% |
15.7% |
| Pennsylvania |
12.7% |
13.3% |
13.6% |
13.9% |
13.9% |
14.3% |
13.9% |
13.7% |
14.0% |
| Rhode Island |
14.1% |
14.3% |
14.9% |
15.1% |
14.8% |
15.2% |
15.0% |
14.8% |
15.2% |
| South Carolina |
13.7% |
14.1% |
14.4% |
14.9% |
15.1% |
15.8% |
15.4% |
15.0% |
15.9% |
| South Dakota |
14.9% |
15.2% |
15.5% |
15.9% |
15.8% |
16.0% |
15.6% |
15.5% |
16.4% |
| Tennessee |
14.7% |
15.3% |
15.9% |
16.3% |
16.4% |
17.1% |
16.6% |
16.5% |
16.8% |
| Texas |
14.9% |
15.7% |
16.3% |
17.1% |
17.4% |
17.9% |
17.7% |
17.4% |
17.6% |
| Utah |
14.7% |
15.3% |
15.7% |
16.3% |
16.2% |
16.6% |
16.0% |
15.3% |
16.7% |
| Vermont |
19.0% |
19.6% |
20.1% |
20.4% |
20.0% |
20.5% |
20.1% |
19.5% |
19.7% |
| Virginia |
12.8% |
13.4% |
13.9% |
14.3% |
14.3% |
14.7% |
14.2% |
13.8% |
14.1% |
| Washington |
13.5% |
13.9% |
14.3% |
14.6% |
14.6% |
14.9% |
14.1% |
13.5% |
14.0% |
| West Virginia |
12.9% |
13.3% |
13.5% |
13.5% |
13.2% |
13.6% |
13.3% |
13.1% |
13.2% |
| Wisconsin |
11.5% |
11.9% |
12.4% |
12.8% |
12.6% |
12.7% |
12.4% |
12.0% |
12.8% |
| Wyoming |
17.5% |
17.9% |
18.3% |
18.7% |
18.4% |
18.7% |
18.3% |
17.6% |
18.5% |
Statistics of U.S. Businesses (SUSB). Washington, DC: U.S. Department of Commerce, Census Bureau, 2001-2010.
Non-Employer Statistics. Washington, DC: U.S. Department of Commerce, Census Bureau, 2001-2010.
Local Area Unemployment Statistics. Washington, DC: U.S. Department of Labor, Bureau of Labor Statistics, 2001-2010.