So, ya want to start a business? (Even if you don’t, just play along.) Well, then it’s important to know the best city in which to start a business. Take a moment to come up with your top-10 predictions prior to seeing what Inc. Magazine and Startup Genome had to say are at the top.
The top 10 are as follows: 1. Austin (what’s up?!), 2. Salt Lake City, 3. Durham, 4. Denver, 5. Boise, 6. San Francisco, 7. Charleston, 8. San Diego, 9. Phoenix, and 10. Miami.
10. Miami:
- is number One in rate of entrepreneurship
- number 19 in high-growth company density
- number 22 in net business creation.
Much like the weather, the startup scene just keeps heating up.
9. Phoenix:
- is number 2 in net business creation
- number 7 in population growth
- number 9 in job creation.
Many have flocked to the Arizona city for warm weather and lower costs of living.
8. San Diego:
- is number 7 in rate of entrepreneurship
- number 7 in high-growth company density
- and number 7 in early-stage funding deals.
Three rated sevens in a row? Somebody call Monica Gellar!
7. Charleston:
- is number One in net business creation
- number 6 in high-growth company density
- number 10 in job creation.
In the Souths of Carolina, founding tops funding.
6. San Francisco:
- is number One in early-stage funding deals
- number 2 in wage growth
- number 8 in high-growth company density.
All of this in spite of the pricey cost of living.
5. Boise:
- The capital of Idaho is number 2 in population growth
- number 3 in job creation
- number 3 in net business creation.
According to the data, you can buy four houses in Boise for the cost of one house in San Francisco. Breaking that knowledge out at my next cocktail party.
4. Denver:
- is number 2 in rate of entrepreneurship
- number 4 in high-growth company density
- number 8 in wage growth.
People have been moving to this Colorado city like crazy
3. Durham:
- is number 3 in high-growth company density
- number 8 in net business creation
- number 10 in job creation.
This North Carolina hub was once known for big tobacco
2. Salt Lake City:
- is number One in high-growth company density
- number One in job creation
- and number 3 in population growth.
- is number 3 in population growth
- number 27 in net business creation
- number 4 in early-stage funding deals.
This spot is popular with adventure seekers
1. Austin:
The American Genius’s home town is leading the nation in job creation and high-growth company density.
Staff Writer, Taylor Leddin is a publicist and freelance writer for a number of national outlets. She was featured on Thrive Global as a successful woman in journalism, and is the editor-in-chief of The Tidbit. Taylor resides in Chicago and has a Bachelor in Communication Studies from Illinois State University.
