NerdWallet considers business climate and local economic health
San Francisco, CA (August 12, 2015) – NerdWallet, a consumer finance website, has conducted a study to find the best places in Pennsylvania to start a business – and West Mifflin ranked first.
To determine this ranking, NerdWallet examined 145 places in Pennsylvania with populations of 5,000 or more and analyzed the following factors:
· Business climate
o Average revenue of businesses
o Percentage of businesses with paid employees
o Businesses per 100 people
· Local economic health
o Median annual income
o Median monthly housing costs
o Unemployment rate
West Mifflin, a borough in Allegheny County, is less than 12 miles southeast of downtown Pittsburgh. West Mifflin’s 1,159 businesses earn an average of $5.14 million per business annually — the highest of any community on our list. Such factors help create a stable and supportive business climate in West Mifflin, encouraging aspiring entrepreneurs to make the city their new business’s home.
Other cities in the top 10 include Media and Uniontown. See the full study here.
NerdWallet is a personal finance site for consumers. Our data-driven tools and content enable consumers to make well-informed decisions across a broad range of financial topics, like buying a house, saving for retirement and small business loans.
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