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Businesses & Jobs
Business Value by Gender
Definition

Ratio of the average business value, in terms of sales and receipts, of women-owned businesses to men-owned businesses, 2012. 

Description

Business ownership is a fundamental engine for wealth creation, and the value of these businesses, measured in annual revenue, can demonstrate the extent of the profitability of the business and the potential for wealth creation. Not only do women own businesses at a lower rate than men, but businesses owned by women also have significantly lower sales than those owned by men, on average in every state. For example, the average revenue of businesses owned by men in Connecticut are more than 4.5 times higher than for businesses owned by women.

Male-owned businesses in United States are valued 3.0x as high as businesses owned by women

Business Value by Gender, 2012

StateAverage Receipts of
Male-Owned Businesses ($)
Average Receipts of
Female-Owned Businesses ($)
RatioRank
United States $726,141 $239,486 3.03
Alabama $695,468 $188,635 3.69 48
Alaska $689,182 $359,134 1.92 4
Arizona $577,603 $207,703 2.78 18
Arkansas $730,210 $219,029 3.33 36
California $717,324 $267,653 2.68 16
Colorado $602,985 $239,128 2.52 12
Connecticut $1,028,434 $227,732 4.52 51
Delaware $754,081 $436,191 1.73 2
District of Columbia $805,824 $234,467 3.44 38
Florida $494,009 $164,806 3.00 26
Georgia $687,459 $170,748 4.03 49
Hawaii $538,885 $219,342 2.46 10
Idaho $535,055 $234,971 2.28 7
Illinois $861,645 $246,800 3.49 42
Indiana $825,683 $258,386 3.20 34
Iowa $787,887 $245,874 3.20 35
Kansas $834,762 $287,140 2.91 23
Kentucky $732,813 $230,265 3.18 33
Louisiana $939,264 $393,147 2.39 8
Maine $459,074 $267,852 1.71 1
Maryland $682,418 $193,765 3.52 45
Massachusetts $807,157 $223,602 3.61 46
Michigan $806,203 $190,279 4.24 50
Minnesota $787,786 $264,084 2.98 25
Mississippi $642,713 $177,374 3.62 47
Missouri $709,523 $236,155 3.00 27
Montana $539,989 $272,878 1.98 5
Nebraska $863,905 $246,331 3.51 44
Nevada $704,757 $247,271 2.85 21
New Hampshire $583,342 $228,003 2.56 13
New Jersey $872,509 $354,654 2.46 11
New Mexico $541,685 $222,897 2.43 9
New York $689,803 $219,416 3.14 31
North Carolina $669,565 $192,810 3.47 40
North Dakota $1,109,803 $382,303 2.90 22
Ohio $821,339 $235,231 3.49 43
Oklahoma $742,277 $364,812 2.03 6
Oregon $657,324 $235,160 2.80 19
Pennsylvania $766,070 $252,278 3.04 28
Rhode Island $591,704 $223,068 2.65 15
South Carolina $601,009 $173,409 3.47 39
South Dakota $754,663 $244,447 3.09 29
Tennessee $632,819 $200,975 3.15 32
Texas $778,907 $263,815 2.95 24
Utah $622,683 $240,609 2.59 14
Vermont $584,519 $174,962 3.34 37
Virginia $664,938 $245,328 2.71 17
Washington $808,977 $288,721 2.80 20
West Virginia $708,863 $203,505 3.48 41
Wisconsin $865,445 $276,333 3.13 30
Wyoming $706,503 $385,915 1.83 3

Definition

Ratio of the average business value, in terms of sales and receipts, of women-owned businesses to men-owned businesses, 2012. 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., men-owned business average value divided women-owned business average value).

A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. 

Source

Survey of Business Owners. Washington, DC: U.S. Department of Commerce, Census Bureau, 2015.

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