Where to work
When it comes to launching a business in Texas, you might want to look into the suburbs that surround the state's major metros.
Personal finance website WalletHub ranked the best and worst small towns to start a business — and the Lone Star State had plenty of suburbs making the top 400 in the list of more than 1,300 towns.
The report found that Georgetown as the best small city in Texas for starting a business. The website classifies a small city as one with a population of 25,000 to 100,000. The Austin suburb appears at No. 70 on the list overall, and No. 1 in Texas. It scored particularly well in the access to resources category (No. 26) and business environment category (No. 31).
To determine the best small cities for startups, WalletHub compared the business-friendly nature of more than 1,300 small cities across the country. Among the factors it examined were average growth in number of businesses, labor costs, and investor access.
Houston suburbs didn't manage to crack the top 200, but four were recognized amongst the rest of the best small busissiness towns:
- Texas City , No. 202
- Baytown, No. 267
- Deer Park, No. 362
- Conroe, No. 369
Washington, Utah, nabbed the top spot nationally, along with four other Utah cities in the top 10.
“Size matters when choosing a city in which to launch a startup. As many veteran entrepreneurs — and failed startups — understand well, bigger is not always better,” WalletHub says. “A city with a smaller population can offer a greater chance of success, depending on an entrepreneur’s type of business and personal preferences.”
Elsewhere in Texas, other highly ranked small cities in include:
- Farmers Branch (Dallas-Fort Worth), No. 102
- Pflugerville lands (Austin), No. 150
- San Marcos (Austin), No. 181
- West Odessa, No. 193
- Leander (Austin), No. 250
- Kyle (Austin), No. 258
- Greenville (Dallas-Fort Worth), No. 275
- Cedar Park (Austin), No. 280
- Waxahachie (Dallas-Fort Worth), No. 306
- Huntsville, No. 308
- Hurst (Dallas-Fort Worth), No. 312
- Socorro (El Paso), No. 339
- Sherman, No. 368
- Seguin (San Antonio), No. 375
Baytown, Port Arthur, and Texas City tied for first place in the U.S. in terms of highest average revenue per business.
This article originally ran on CultureMap.