2023-09-07 00:10:20
SALT LAKE CITY, UTAH- A study of WalletHub places West Valley among the best cities in the country for Hispanic entrepreneurs in 2023.
To help Hispanic entrepreneurs find the most fertile ground for their companies, WalletHub compared more than 180 US cities across 24 key metrics ranging from the rate of Hispanic entrepreneurship to Hispanic income growth and the proportion of Hispanic-owned businesses.
Hialeah, Florida, has the highest proportion of Hispanic residents at 95.82%, which is 76 times higher than in Charleston, West Virginia, the city with the lowest score of 1.26%.
On the other hand, Mobile, Alabama, has one of the lowest Hispanic unemployment rates, 0.90%, which is 15.6 times lower than Akron, Ohio, the city with the highest rate of 14%.
The cities of Miami, Hialeah, Fort Lauderdale and Pembroke Pines, in Florida, have the highest entrepreneurship rate among the Hispanic population, 1.81%, which is 22.6 times higher than in Billings, Montana, the city with the lowest with 0.08%.
The 20 best cities for Hispanic entrepreneurs
1. Orlando, Florida
2. Miami, Florida
3. Pembroke Pines
4. Cabo Coral, Florida 14. Nampa, ID
5. Fort Lauderdale, Florida 15. Ontario, California
6. Port St. Lucie, FL 16. San Petersburgo, FL
7. Hialeah, Florida 17. Riverside, California
8. Santa Clarita, California 18. West Valley City, UT
9. Tampa, Florida 19. San Antonio, Texas
10. Albuquerque, New Mexico 20. Denver, CO
11. Laredo, Texas
12. Amarillo, Texas
13. Las Cruces, New Mexico
14. Nampa, ID
15. Ontario, California
16. St. Petersburg, Florida
17. Riverside, California
18. West Valley City, Utah
19. San Antonio, Texas
20. Denver, Colorado
To see the full report and your city’s ranking, visit the following link.
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