BUSINESS + ECONOMY

Several small Utah cities named best in country for starting businesses

Apr 22, 2024, 7:52 AM

Utah small business...

Cedar City Historic Downtown sign is pictured in Cedar City on Wednesday April 7, 2021.

SALT LAKE CITY— A new report ranks several Utah cities in a list of best small cities to start a business in the U.S.

WalletHub analyzed more than 1,300 small cities, with a population between 25,000 and 100,000 people, around the country, and compiled a list of their top 30 best cities to start a business. 

The report based the rankings on a number of factors, including the city’s recent rate of small business growth, commute times, average business revenue, office space costs, working-age population growth and the cost of living.

Utah claimed the city ranked number one in the entire country: Cedar City.

Cedar City got the top rank thanks to short commute times (13 minutes on average), a strong rate in recent small business growth as well as a strong job and working-age population growth.

Pulling in right behind it at number two: St. George. The city got high marks for short commute times (a 16-minute average) and for having office space 1/6 the cost of what’s charged in the nation’s most expensive city, Cupertino, California. 

Utah claimed 10 of the top 30 cities to start a small business. Those include:

1. Cedar City

2. St. George

4. Washington City

8. Lehi

12. Eagle Mountain

14. Midvale

15. American Fork

19. Springville

26. Spanish Fork

28. Orem

Related: 

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

The site of the old Motor-Vu Drive-In...

Tim Vandenack, KSL.com

‘End of an era’: Motor-Vu Drive-In will soon be demolished to make way for housing

Trees are coming down around the shuttered Motor-Vu Drive-In in Riverdale, Weber County, to be replaced with a housing development, as the demolition process starts.

12 hours ago

Almost half of working Americans say they feel good about their finances, for now. They're feeling ...

Alexandrea Bonilla

Working Americans are worried about their future finances

Almost half of working Americans say they feel good about their finances, for now. They're feeling unsure about the future.

4 days ago

A newly implemented city regulation in Washington DC is making the city and childcare even more exp...

Devin Oldroyd

New law raises Washington DC childcare cost and affects childcare staff

A newly implemented city regulation in Washington DC is making the city and childcare even more expensive and unsustainable for families.

5 days ago

Financial technology, or FinTech is a new minor offered at the University of Utah. This year, they ...

Josuee Sanchez

Graduates from U’s FinTech program join a popular, growing field

FinTech grads will fill roles in businesses that include digital banking, blockchain technology, and artificial intelligence.

5 days ago

housing in rural utah...

Heather Peterson

New report explores similarities and differences in rural and urban Utahns

Researchers analyzed Census data, which showed that people in Utah’s urban and rural communities shared surprising similarities.

5 days ago

a utah child care provider and several children...

Amanda Dickson

Dickson: A look inside the child care crisis

You've heard about the child care crisis in Utah. Parents can't afford child care. Child care workers can't afford to live on what they make.

6 days ago

Sponsored Articles

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.

...

Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

Several small Utah cities named best in country for starting businesses