Sioux Falls ranks in top 20 in Hispanic entrepreneurship

WalletHub’s analysts checked the Hispanic business climate in the 150 largest U.S. cities and conducted an in-depth analysis of 2016’s Best Cities for Hispanic Entrepreneurs, to help aspiring entrepreneurs and established businesses find the most fertile ground for their enterprises.

 · The Top 25 is determined by a points system based on how each voter ranks the best teams. A team receives 25 points for each first-place vote, 24 for second-place and so on through the list.

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Indeed, Florida and Texas overall ranked highly for Hispanic founders, accounting for 15 out of the 20 best cities for Hispanic entrepreneurs, according to the report.

SIOUX FALLS, S.D. — Sioux Falls ranks in the top 20 nationally for Hispanic entrepreneurship. Wallethub placed Sioux Falls at 19th. No other city in the five-state region cracked the top 30. Bismarck was 31st. Rapid City was 80th. Omaha was 108th. Laredo, Texas ranked at the top. Here’s how Sioux Falls ranked in various categories in the study: Hispanic Business Climate in Sioux Falls (1=Best, 91=Avg.) 57 th – Hispanic Unemployment Rate

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Top Five Cities Laredo, TX. The top city was Laredo, Texas with an overall score of 61.72. It achieved the top spot by being no. 1 in the Hispanic Business-Friendliness rank and no. 10 in the Hispanic Purchasing Power rank. It came in at no. 2 for the highest percentage of Hispanic residents. South Burlington, VT

Sioux Falls has been ranked among the top 10 cities in which to start a business. The analysis by WalletHub looked at 18 key metrics, including the five-year survival rate for businesses and office-space affordability. Sioux Falls ranked No. 10 out of the 150 most populated U.S. cities. Oklahoma City ranked first.

ZIP code 57107 Population Charts According to the most recent demographics data available from the Census Bureau released in December of 2018, Figure 1 57107 shows it has 9,873 population which is the 4th in population out of 10 total in the area. The zip code with the highest population in the area is 57106 with a population of 45,701 is approximately 4.6 times bigger.

Our business-friendly tax climate, incentives, crossroads location, strong telecommunications network, and shovel-ready sites make Sioux Falls a better place to start a business. Our well-educated and growing workforce is ready to help you get to work on building your dream. A variety of resources are available to provide business and financial assistance to entrepreneurs.