Buffalo AND Rochester Listed As Top Cities To Start A New Business
Buffalo is on the rise. How many times have you heard that over the last 10 years? According to WalletHub, it's true. Buffalo and Rochester have both been listed as two of the top cities to start a new business.
The study was done in 150 of the United States' most populated cities. They considered 18 key business metrics from five-year business-survival rate to office-space affordability.
Certainly the "business cost" ranking helped them both as they were both in the top 10 (with Rochester at #4 and Buffalo at #6 on the list) there.
Overall, Buffalo was listed at #34 on the list of Top Cities To Start A New Business. Rochester came in ahead of Buffalo at #31.
The top 10 on the list were:
Overall Rank | City | Total Score | ‘Business Environment’ Rank | ‘Access to Resources’ Rank | ‘Business Costs’ Rank |
---|---|---|---|---|---|
1 | Oklahoma City, OK | 56.85 | 6 | 71 | 21 |
2 | Salt Lake City, UT | 55.14 | 101 | 1 | 25 |
3 | Charlotte, NC | 54.90 | 14 | 36 | 48 |
4 | Tulsa, OK | 54.16 | 53 | 35 | 12 |
5 | Grand Rapids, MI | 54.02 | 48 | 55 | 10 |
6 | Durham, NC | 53.59 | 69 | 14 | 29 |
7 | St. Louis, MO | 53.54 | 68 | 28 | 8 |
8 | Austin, TX | 53.37 | 4 | 9 | 127 |
9 | Amarillo, TX | 53.31 | 25 | 19 | 82 |
10 | Sioux Falls, SD | 52.77 | 50 | 64 | 18 |