|
Census Bureau Releases Nonemployer Business Data by Demographic Characteristics of Owners
Women owned 41.1% (11.2 million) and minorities owned 36.7% (10 million) of the nation’s nonemployer businesses (those without paid employees) and had $307.9 billion and $345.1 billion, respectively, in receipts in 2020, according to the new Nonemployer Statistics by Demographics (NES-D) released today by the U.S. Census Bureau. There were a total of 27.2 million nonemployer businesses with $1.3 trillion in receipts in 2020.
In addition to demographic characteristics of nonemployer business owners, this release also includes data by urban and rural classification, receipt size of firm, and legal form of organization (e.g., sole proprietorships and partnerships).
The NES-D is an annual statistical series that uses existing administrative records and census data to link demographic characteristics of owners to the universe of nonemployer businesses. Nonemployer businesses are those without paid employees and are subject to federal income tax, with receipts of $1,000 or more.
Continue reading to explore highlights for nonemployer businesses in 2020.
|
|
Help us spread the word about Census Bureau data!
Share this on social media or forward it to a friend.
|
|
About the Census Bureau
We serve as the nation’s leading provider of quality data about its people and economy. The Census Bureau is the federal government's largest statistical agency. As the world’s premier statistical agency, we are dedicated to making our nation a better place. Policy-makers, businesses, and the public use our data to make informed decisions.
Resources for Media
For media interviews, please contact the Public Information Office Toll Free at 877-861-2010, 301-763-3030, or pio@census.gov.
|
|
|
|
