Top 10 cities for entrepreneurs in 2017
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Top 10 cities for entrepreneurs in 2017

According to a newly published study by nerdwallet.com, these are the best 10 cities to live in and start your new business.

The top 10 cities are arranged in reverse order from 10 to 1 as follows

10. Missoula, MT

Population age average 25 – 34: 15.3%

SBA loan per capita: $171

Business per 100 Residents: 7.4

Unemployment Rate: 3%

Median Household Income: $42,815

MT

9. Fargo, North Dajota, MN

Population age average 25 – 34: 16.9%

SBA loan per capita: $131

Business per 100 Residents: 5.61

Unemployment Rate: 2.2%

Median Household Income: $56,015

Fargo

8. San Francisco, CA

Population age average 25 – 34: 16.9%

SBA loan per capita: $150

Business per 100 Residents: 5.34

Unemployment Rate: 3.8%

Median Household Income: $88,518

San Francisco, CA, USA

7. Seattle, WA

Population age average 25 – 34: 16.2%

SBA loan per capita: $135

Business per 100 Residents: 5.33

Unemployment Rate: 4.4%

Median Household Income: $75,331

Seattle, WA

 

6. Fort Collins, CO

Population age average 25 – 34: 14.3%

SBA loan per capita: $150

Business per 100 Residents: 6.01

Unemployment Rate: 3.5%

Median Household Income: $64,919

Fort Collins

 

5. Denver, CO

Population age average 25 – 34: 16.1%

SBA loan per capita: $173

Business per 100 Residents: 5.55

Unemployment Rate: 2.9%

Median Household Income: $70,283

Denver, CO

 

4. Austin, TX

Population age average 25 – 34: 17.3%

SBA loan per capita: $225

Business per 100 Residents: 4.69

Unemployment Rate: 3.5%

Median Household Income: $67,195

Austin, TX

 

3.Salt Lake City, UT

Population age average 25 – 34: 16.3%

SBA loan per capita: $202

Business per 100 Residents: 5.31

Unemployment Rate: 2.8%

Median Household Income: $65,792

Salt lake city, UT

 

2. Minneapolis, MN

Population age average 25 – 34: 15.6%

SBA loan per capita: $196

Business per 100 Residents: 5.33

Unemployment Rate: 3.3%

Median Household Income: $71,008

Minneapolis, MN

 

1. Boulder, CO

Population age average 25 – 34: 13.2%

SBA loan per capita: $180

Business per 100 Residents: 7.47

Unemployment Rate: 2.4%

Median Household Income: $72,009

 

Source: Forbes

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