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Women Owned Businesses Statistics

Women Owned Business in the United States

  • 10.1 million firms are owned by women (50% or more), employing more than 13 million people, and generating $1.9 trillion in sales as of 2008. 
  • Three quarters of all women-owned businesses are majority owned by women (51% or more), for a total of 7.2 million firms, employing 7.3 million people, and generating $1.1 trillion in sales. 
  • Women-owned firms (50% or more) account for 40% of all privately held firms.

Businesses Owned by Women of Color

  • 1.9 million firms are majority-owned (51% or more) by women of color in the U.S. 
  • These firms employ 1.2 million people and generate $165 billion in revenues annually.
  • Between 2002 and 2008, these firms grew faster than all privately held firms. 

Million Dollar Businesses

  • One in five firms with revenue of $1 million or more is woman-owned.
  • 3% of all women-owned firms have revenues of $1 million or more compared with 6% of men-owned firms.

Sources:  Statistics from the Center for Women’s Business Research, 2006. Census information from 2002. Visit www.womensbusinessresearch.org for more information on women owned businesses in the United States.