Twenty-four small cities in Florida have been named the best places to start a business by WalletHub. The organization ranked more than 1,300 cities. The cities in the top 5% and their ranking are:

  • City of Fort Myers (8)

  • City of Winter Park (18)

  • City of Altamonte Springs (19)

  • City of Sarasota (24)

  • City of Bradenton (29)

  • City of Daytona Beach (30)

  • City of Casselberry (31)

  • City of Greenacres (32)

  • City of Boca Raton (33)

  • City of Clermont (36)

  • City of North Port (38)

  • City Winter Garden (41)

  • City of Sanford (45)

  • City of Lake Worth Beach (47)

  • City of St. Cloud (54)

  • City of Deerfield Beach (55)

  • City of Oviedo (56)

  • City of Ocoee (57)

  • City of Pensacola (58)

  • City of Melbourne (60)

  • City of Kissimmee (63)

  • City of Apopka (64)

  • City of Riviera Beach (65)

  • City of Palm Beach Gardens (67).

 

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.