The Most Entrepreneurial Cities in America
Originally published on JohnJellinek.info
Recent years have seen the development of an excellent environment for entrepreneurship in the United States. The number of self-employed individuals is higher than it has been in decades, with many different sectors of society, from immigrants to the semi-retired, starting businesses of their own.
This boom in start-ups is consequential to a very high percentage of these new companies are finding success. In the past decade, about 80% of startups survived. That dispels the common notion that striking out alone on a new company is usually a losing proposition.
But, as with any economic phenomenon, this boom in entrepreneurship is not happening to the same extent in every part of the country. Some cities see much more start-ups than others. But which cities are the most start-up friendly? Real estate company CloudKitchens recently completed a study to find the “most entrepreneurial” cities in the nation.
In conducting their research, CloudKitchens calculated the percentage of workers in a given city that were self-employed. Then they factored in the city’s median income and the over-represented industries in the area. By this methodology, they determined what cities are the most entrepreneurial in America.
The urban region in the United States with the greatest percentage of self-employment is the Miami metro area, which includes Fort Lauderdale and West Palm Beach. In that area, 15.6 percent of workers are self employed, enough to make Miami the most entrepreneurial city in America.
The New York City area, meanwhile, ranks fifteenth among large cities with 10.5 percent of workers self-employed. While this leaves New Yorkers far behind their South Floridian counterparts, it is nevertheless a positive figure that demonstrates a healthy amount of entrepreneurship in the country’s hub of business activity.
There are small or medium-sized metro areas with even greater percentages of self-employed workers. Among mid-sized cities, the Naples area in Southwest Florida leads the pack with 18 percent of workers self-employed. And Barnstable, a town on Cape Cod in Massachusetts, leads the way among smaller towns with 20.8 percent. On the state level, Vermont and Montana have the highest rates of self-employment.
This is a good time for entrepreneurship in the country, and this research helps us plot the successes on the map.
Articles from John Jellinek
View blogOriginally published on JohnJellinek.com · As companies grow, there is a natural proclivity for them ...
Originally published on JohnJellinek.com · Bigger isn’t always better, and that’s a principle that m ...
It seems that there are pretty solid stances on which is best: Formula One versus NASCAR. Fans typic ...
You may be interested in these jobs
-
Assembler
Found in: beBee S2 US - 5 days ago
Randstad USA Bowling Green, United States TEMPORARY, Full timeAs an Assembly Line Worker, you will perform various duties within the production process while ensuring you meet production goals and quotas. Essential functions of this position will include: Packaging baked goods preparing and organizing various packaging products Prep trays a ...
-
Associate Trauma Specialist Orlando FL
Found in: Lensa US P 2 C2 - 3 days ago
Jacobs Management Group Orlando, United StatesAssociate Trauma Specialist / Trauma Territory Manager Assistant - Orlando, FL · Join my clients team as an Associate Trauma Specialist where youll collaborate closely with the Trauma Territory Manager to cover territories, manage inventory, and handle limited sales responsibili ...
-
Electrical Designer
Found in: beBee S2 US - 4 weeks ago
Insight Global Omaha, United States Paid WorkJob Description · A client of Insight Global is seeking to add several Fire Alarm Designers to its growing team in the Omaha, Nebraska area The Fire Alarm Designer will be part of acollaborative team of designers that prepare submittal and field installation drawings, and submitt ...
Comments