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VETERAN OWNED BUSINESSES BY THE NUMBERS
These statistics related to United States military veterans
who own businesses were issued by the US Small Business
2.52 Million – This is how many businesses in the United States
that are majority-owned by Veterans.
442,485 – This is the number of Veteran owned Businesses
with employees.
9.1 percent – This is overall percentage of United States businesses
1.14 Trillion – This is the annual revenues that are generated by
5.03 Million – This is the total number of people employed by
Veteran Owned Businesses.
195 Billion – This is the annual payroll of Veteran Owned Businesses.
TOP INDUSTRIES FOR VETERAN-OWNED BUSINESSES
12.2% - Construction
11.8% - Other Services
8.1% - Retail Trade
8.0 % - Administrative and Support
THE PERCENTAGE OF VETERAN-OWNED BUSINESSES
VARIES BY INDUSTRY
12.8% - Finance and Insurance
12.1% - Transportation
11.4% - Construction
10.9% - Utilities
10.2% - Manufacturing
Veteran Owned Businesses are owned by men over women by
a huge majority with 84.3 percent being male owned compared
to only 15.2 percent being female owned. The trend is that more
women veterans are opening their own businesses.
Veteran Owned Businesses by race or ethnicity are with the majority
percent being American Indian or Alaska Native and less than 0.3
108 VETERANS AFFAIRS 90 YEARS: Military & Wellness