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Posted on: April 27, 2016

SGF named 17th Best City for Hispanic Entrepreneurs in study



Springfield was named the 17th Best City for Hispanic Entrepreneurs in a recent study by

To help Hispanic entrepreneurs find the most fertile ground for their enterprises, WalletHub’s analysts compared the 150 largest U.S. cities across 19 key metrics. Its data set ranges from “Hispanic entrepreneurship rate” to “Hispanic income growth” to “share of Hispanic-owned businesses.”

Hispanic Business Climate in Springfield (1=Best, 75=Avg.)

• 9th – Hispanic Unemployment Rate
• 11th – Hispanic Population Growth
• 22nd – Hispanic Entrepreneurship Rate
• 48th – Housing Affordability for Hispanics
• 45th – Significant Startups per Capita
• 15th – Small Business Loans per Number of Small Businesses
• 2nd – Average Monthly Rent for Office Space.

View the study results.
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