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Florida Cities Sweep Top Five in WalletHub Ranking of Best Large Cities to Start a Business

Low taxes, abundant investors, a growing workforce give Florida an edge.

Overview

  • WalletHub ranked 100 large U.S. cities using 19 metrics across business environment, access to resources, and business costs.
  • Florida took six of the top 10, sweeping the top five with Tampa, Orlando, Jacksonville, Hialeah, and St. Petersburg.
  • Analysts point to low corporate tax rates, a high share of investors per capita, and strong growth in the working-age population as key drivers of Florida’s results.
  • South Florida placements include Hialeah at No. 4 with a 60.94 overall score and Miami at No. 10 with a 57.33 score.
  • Atlanta ranked 12th overall, with subrankings of 27th in business environment, 26th in access to resources, and 45th in business costs.