Sioux Falls ranked third best city to start a business
April 30, 2018
Sioux Falls is the third best place for entrepreneurs trying to maximize their chances at long-term prosperity, according to a report by WalletHub.
It compared data for more than 180 U.S. cities across 19 key indicators of startup viability.
Sioux Falls ranked first for financing accessibility and third overall behind Oklahoma City and Austin, Texas.
Here are some of its category rankings. A score of 91 was average:
- 1st – Financing accessibility.
- 23rd – Office-space affordability.
- 39th – Cost of living.
- 39th – Length of average workweek — in hours.
- 70th – Share of college-educated population.
- 83rd – Industry variety.