With National Small Business Week approaching and many employers struggling to hire new workers, the personal-finance website WalletHub today released its report on 2022’s Best Small Cities to Start a Business.
To determine the most business-friendly small markets in the US, they compared more than 1,300 cities with fewer than 100,000 residents across 18 key metrics. The data set ranges from small business growth rates and accessibility of financing to investor access and labor costs.
After over 1,300 small cities ranked, these were determined to be the top 100 in the nation, including; Morrisville, NC at #11, Greenville, SC at #18, Asheville, NC at #47, Wake Forest, NC at #59, Holly Springs, NC at #61, Salisbury, NC at #71, Apex, NC at #78, Garner, NC at #88, and Fuquay-Varina, NC at #96.
Best Small Cities for Starting a Business
Overall Rank | City | Total Score | Business Environment | Access to Resources | Business Costs |
---|---|---|---|---|---|
1 | Washington, UT | 66.02 | 4 | 3 | 276 |
2 | St. George, UT | 63.56 | 1 | 359 | 185 |
3 | Bozeman, MT | 61.36 | 8 | 15 | 384 |
4 | Cedar City, UT | 61.1 | 9 | 113 | 208 |
5 | Fort Myers, FL | 59.15 | 89 | 27 | 57 |
6 | South Bradenton, FL | 58.95 | 106 | 426 | 33 |
7 | Williston, ND | 58.47 | 12 | 108 | 405 |
8 | Logan, UT | 58.12 | 130 | 16 | 146 |
9 | Eagle Mountain, UT | 58.09 | 34 | 25 | 486 |
10 | Winter Park, FL | 57.87 | 57 | 9 | 514 |
11 | Morrisville, NC | 57.71 | 30 | 55 | 478 |
12 | Cheyenne, WY | 57.7 | 22 | 502 | 141 |
13 | Missoula, MT | 57.33 | 102 | 21 | 295 |
14 | Lehi, UT | 57.3 | 7 | 117 | 581 |
15 | Altamonte Springs, FL | 57.12 | 51 | 389 | 88 |
16 | Redmond, OR | 56.92 | 5 | 127 | 810 |
17 | Bend, OR | 56.8 | 3 | 54 | 972 |
18 | Greenville, SC | 56.76 | 311 | 8 | 151 |
19 | Sarasota, FL | 56.74 | 126 | 53 | 210 |
20 | Pleasant Grove, UT | 56.66 | 6 | 393 | 403 |
21 | Midvale, UT | 56.62 | 93 | 19 | 348 |
22 | Aberdeen, SD | 56.5 | 558 | 6 | 17 |
23 | Casselberry, FL | 56.35 | 52 | 506 | 111 |
24 | Post Falls, ID | 56.3 | 20 | 324 | 425 |
25 | American Fork, UT | 56.26 | 11 | 281 | 416 |
26 | Englewood, CO | 56.26 | 42 | 84 | 374 |
27 | Bradenton, FL | 56.13 | 146 | 213 | 64 |
28 | Orem, UT | 56.05 | 14 | 493 | 241 |
29 | Immokalee, FL | 56.02 | 61 | 1054 | 70 |
30 | Coeur d’Alene, ID | 55.97 | 15 | 529 | 444 |
31 | Winter Garden, FL | 55.9 | 32 | 287 | 382 |
32 | Daytona Beach, FL | 55.75 | 233 | 145 | 39 |
33 | Grand Junction, CO | 55.7 | 195 | 63 | 184 |
34 | Ocoee, FL | 55.66 | 66 | 169 | 314 |
35 | Nampa, ID | 55.6 | 25 | 223 | 370 |
36 | Greenacres, FL | 55.57 | 36 | 585 | 226 |
37 | Sanford, FL | 55.52 | 62 | 587 | 132 |
38 | Spanish Fork, UT | 55.42 | 10 | 468 | 401 |
39 | Clermont, FL | 55.41 | 145 | 83 | 279 |
40 | Longmont, CO | 55.27 | 44 | 290 | 362 |
41 | Melbourne, FL | 55.24 | 332 | 64 | 98 |
42 | Gainesville, GA | 55.21 | 259 | 90 | 113 |
43 | Helena, MT | 55.14 | 152 | 45 | 367 |
44 | Holland, MI | 55.01 | 485 | 7 | 188 |
45 | Boca Raton, FL | 54.97 | 50 | 43 | 595 |
46 | St. Cloud, FL | 54.87 | 143 | 220 | 175 |
47 | Asheville, NC | 54.77 | 151 | 140 | 144 |
47 | Oviedo, FL | 54.77 | 68 | 158 | 441 |
49 | Carlsbad, NM | 54.59 | 78 | 440 | 238 |
50 | Apopka, FL | 54.54 | 79 | 414 | 248 |
51 | Carrollton, GA | 54.42 | 125 | 250 | 92 |
52 | Meridian, ID | 54.33 | 18 | 178 | 642 |
53 | Kissimmee, FL | 54.31 | 107 | 768 | 73 |
54 | North Port, FL | 54.11 | 154 | 301 | 186 |
55 | Leisure City, FL | 54.11 | 95 | 977 | 159 |
56 | Rexburg, ID | 53.98 | 164 | 166 | 274 |
57 | East Lake-Orient Park, FL | 53.93 | 67 | 1171 | 41 |
58 | Windsor, CO | 53.82 | 77 | 272 | 422 |
59 | Wake Forest, NC | 53.79 | 204 | 23 | 503 |
60 | Draper, UT | 53.75 | 49 | 33 | 791 |
61 | Holly Springs, NC | 53.7 | 101 | 92 | 556 |
62 | Deerfield Beach, FL | 53.66 | 33 | 1090 | 105 |
63 | North Fort Myers, FL | 53.37 | 100 | 1222 | 11 |
64 | Chamblee, GA | 53.27 | 226 | 153 | 262 |
65 | Loveland, CO | 53.25 | 63 | 409 | 243 |
66 | Pensacola, FL | 53.18 | 549 | 67 | 75 |
67 | Plant City, FL | 53.13 | 71 | 656 | 138 |
68 | Saratoga Springs, UT | 53.07 | 60 | 126 | 593 |
69 | Palm Beach Gardens, FL | 53.07 | 58 | 128 | 597 |
70 | Georgetown, TX | 53.04 | 31 | 26 | 1005 |
71 | Salisbury, NC | 53.04 | 210 | 514 | 13 |
72 | Bentonville, AR | 53.01 | 39 | 162 | 637 |
73 | Riviera Beach, FL | 52.99 | 35 | 1203 | 112 |
74 | Lafayette, CO | 52.89 | 123 | 207 | 445 |
75 | Oakleaf Plantation, FL | 52.82 | 330 | 46 | 434 |
76 | Fort Pierce, FL | 52.81 | 249 | 395 | 25 |
77 | Bonita Springs, FL | 52.76 | 94 | 390 | 254 |
78 | Apex, NC | 52.69 | 214 | 31 | 580 |
79 | Woodstock, GA | 52.66 | 313 | 81 | 268 |
80 | Charlottesville, VA | 52.64 | 537 | 2 | 471 |
81 | Taylorsville, UT | 52.54 | 103 | 240 | 366 |
82 | Springville, UT | 52.53 | 27 | 865 | 360 |
82 | Fountain, CO | 52.53 | 267 | 367 | 150 |
84 | Caldwell, ID | 52.45 | 26 | 797 | 391 |
85 | Auburn, AL | 52.43 | 482 | 51 | 224 |
86 | Ormond Beach, FL | 52.41 | 355 | 407 | 79 |
87 | Murray, UT | 52.38 | 153 | 185 | 352 |
88 | Garner, NC | 52.36 | 244 | 291 | 236 |
89 | Eagle, ID | 52.31 | 19 | 247 | 792 |
90 | Rogers, AR | 52.31 | 28 | 600 | 512 |
91 | Dania Beach, FL | 52.26 | 104 | 930 | 242 |
92 | Boynton Beach, FL | 52.23 | 70 | 531 | 304 |
93 | DeLand, FL | 52.17 | 278 | 184 | 127 |
94 | Port Orange, FL | 52.1 | 446 | 261 | 76 |
95 | Lake Worth Beach, FL | 52.01 | 46 | 1243 | 115 |
96 | Fuquay-Varina, NC | 52 | 307 | 68 | 322 |
97 | Titusville, FL | 51.97 | 375 | 672 | 28 |
98 | Horizon West, FL | 51.97 | 287 | 11 | 655 |
99 | Winter Haven, FL | 51.94 | 595 | 141 | 60 |
100 | Sandy, UT | 51.92 | 216 | 37 | 602 |