Upstate makes it into top third rankings for best cities for startups

Mar 19, 2014

Rankings just released by the financial social network, WalletHub show the nation's South-East surging ahead as environments for startups.

The site estimates that between 10 and 43 million Americans currently work for themselves, and this map ranks the nation's largest 150 cities by population and applies metrics to measure the business climate for wannabe entrepeneurs.

The survey looks at factors such as access to financing, cost of office space, tax regimes, availability of qualified employees, cost of living and average salary levels.

Upstate New York came through near the top third of the pack with Rochester coming in at 48, with Buffalo at 58. New York came in at 126.

Jacksonville, FL emerged as the front runner:

as Florida’s largest city boasts the country’s second-highest 5-year small business survival rate as well as attractive corporate tax rates, a bountiful labor force and fairly accessible small business funding.

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