Study Reveals The Best Cities for Entrepreneurs

When it comes to starting a new business, location is a key consideration. Young entrepreneurs should consider taxes and demographics when looking for the best cities for startups in 2019.
By Linda Vergon
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New research determines the best locations for starting businesses in 2019.

Foster City, CA - July 18, 2019 - Personal finance resource reveals the "Best Cities for Young Entrepreneurs" to start a business. The personal finance website looked at more than 380 U.S. metropolitan areas to determine the top 25 and highlights why location is so critical to a startup.

The study looked at what can influence new businesses: population growth, affluence, education and taxes. The 25 fastest-growing cities were ranked based on this criteria; the average of these rankings was used to determine the best places for millennials to start a business in 2019. Here are the top 10:

  1. Midland, TX - With the fastest year-over-year population increase in the nation, it represents a growing market. Midland is above the national average for young adult affluence and the tax environment in Texas is more business-friendly than most states.
  2. Crestview/Fort Walton Beach/Destin, FL
  3. North Port/Sarasota/Bradenton, FL (tie)
  4. St. George, UT (tie)
  5. Raleigh, NC
  6. Provo/Orem, UT
  7. Austin/Round Rock, TX (tie)
  8. Bend/Redmond, OR (tie)
  9. Orlando/Kissimmee/Sanford, FL
  10. Daphne/Fairhope/Foley, AL (tie)
  11. 10. Greeley, CO (tie)

To see the full list and methodology visit,

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