Arizona Cities Are Among The Worst To Start A Business

Tucson Mayor Rothschild [City of Tucson photo}

It’s no surprise that Arizona cities once again rank overwhelmingly in the bottom one third of an analysis of 2017’s Best Large Cities to Start a Business.

While Tempe is just outside the bottom third, Scottsdale, the most affluent city, ranks the best of Arizona cities in business environment and resource access, 80th and 70th respectfully.

Ranking of Arizona’s Largest Cities
RankCityTotalBusiness EnvironmentResource AccessBusiness Cost
93Tempe, AZ45.291107757
108Phoenix, AZ44.698814656
111Mesa, AZ44.439614450
116Scottsdale, AZ44.28070118
125Glendale, AZ43.69714951
130Tucson, AZ42.8714510328
131Peoria, AZ42.699912992
132Chandler, AZ42.6689124106
139Gilbert, AZ41.2298105119

With President Donald Trump proposing to slash the corporate tax rate from 35 percent to 15 percent and National Small Business Week in full gear, the personal-finance website WalletHub conducted an in-depth analysis of 2017’s Best Large Cities to Start a Business.

To help aspiring entrepreneurs maximize their chances for long-term prosperity, WalletHub’s analysts compared the 150 most populated U.S. cities across 18 key indicators of startup viability. The data set ranges from five-year business-survival rate to office-space affordability.

1Oklahoma City, OK11Springfield, MO
2Salt Lake City, UT12Raleigh, NC
3Charlotte, NC13Lubbock, TX
4Tulsa, OK14Port St. Lucie, FL
5Grand Rapids, MI15Laredo, TX
6Durham, NC16Lincoln, NE
7St. Louis, MO17Winston-Salem, NC
8Austin, TX18Houston, TX
9Amarillo, TX19Orlando, FL
10Sioux Falls, SD20Fort Worth, TX

Best vs. Worst

  • Toledo, Ohio, has the lowest average annual rent for office space, $12 per square foot, which is 6.7 times cheaper than in San Francisco, the city with the highest at $80 per square foot.
  • Detroit has the lowest labor costs (median annual income), $25,764, which is 4.1 times lower than in Fremont, Calif., the city with the highest at $105,355.
  • Brownsville, Texas, has the lowest cost-of-living index, 79, which is 2.5 times lower than in New York, the city with the highest at 201.
  • Irvine, Calif., has the highest share of the college-educated population, 66.4 percent, which is 5.8 times higher than in San Bernardino, Calif., the city with the lowest at 11.5 percent.
  • Miami has the most startups per 100,000 residents, 237, which is 12.5 times more than in Columbus, Ga., the city with the fewest at 19.
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