In addition, the City of Key West tied for first place for startups per capita.
To determine the best small cities to start a business, WalletHub compared more than 1,300 cities with 25,000 to 100,000 residents. WalletHub compared cities by business environment, access to resources and business costs. To see WalletHub’s full rankings of business-friendliness, click here.
WalletHub’s Best Awards are based on data from sources including federal government agencies and institutions, research organizations and WalletHub’s research and analysis. WalletHub is a personal finance company that empowers consumers to lead financially healthy lives.