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4 Valley Cities Among 20 Best To Start A Business In U.S. | Living In Phoenix Arizona

April 21, 2025

4 VALLEY CITIES AMONG 20 BEST TO START A BUSINESS IN U.S.

LIVING IN PHOENIX, ARIZONA

 

4 Valley Cities Among 20 Best To Start A Business In U.S.

 

By AZBigMedia, azbigmedia.com | April 21, 2025

With May 4th kicking off National Small Business Week but many small-business owners still struggling to hire new employees, the personal-finance website WalletHub today released its report on 2025’s Best Large Cities to Start a Business.

In order to help aspiring entrepreneurs maximize their chances for long-term prosperity, WalletHub compared 100 U.S. cities across 19 key indicators of startup viability. The data set ranges from the five-year business-survival rate to labor costs to office-space affordability.

Best Large Cities To Start A Business

1. Orlando, FL

2. Tampa, FL

3. Austin, TX

4. Jacksonville, FL

5. Miami, FL

6. St. Petersburg, FL

7. Boise, ID

8. Atlanta, GA

9. Raleigh, NC

10. Hialeah, FL

11. Fort Worth, TX

12. Durham, NC

13. Charlotte, NC

14. Scottsdale, AZ

15. Arlington, TX

16. Dallas, TX

17. Chandler, AZ

18. Glendale, AZ

19. Aurora, CO

20. Mesa, AZ

Best vs. Worst

  • Toledo, Ohio, has the lowest average annual rent for office space, which is 6.7 times cheaper than in San Francisco, the city with the highest.
  • Cleveland has the lowest labor costs (median annual income), which is 4.5 times lower than in Fremont, California, the city with the highest.
  • Laredo, Texas and Toledo, Ohio, have the lowest cost-of-living index, which is 2.2 times lower than in Honolulu, the city with the highest.
  • Miami and Hialeah, Florida, have the most startups per 100,000 residents, which is 3.2 times more than in Toledo, Ohio, the city with the fewest.

To view the full report and your city’s rank, visit https://wallethub.com/edu/best-cities-to-start-a-business/2281.

– more at azbigmedia.com

 



Thinking about investing in Phoenix real estate? Have a property to sell in Arizona? Tell us what you’re searching for. Connect with us to buy, sell, or lease multifamily, residential and commercial real estate in Phoenix, and across Arizona. Let’s work together.

Natan Jacobs, Vestis Group

Call: 602-281-6202

Email: Info@Vestis-Group.com

 

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