Best & Worst States To Start A Business In 2024

WALLETHUB’S BEST STATES TO START A BUSINESS

Overall Rank	State	Total Score	Business Environment Rank	Access to Resources Rank	Business Costs Rank
1	Utah	61.08	8	1	29
2	Georgia	60.22	1	25	14
3	Florida	60.17	2	15	28
4	Idaho	58.69	6	16	11
5	Nevada	56.68	11	11	21
6	Arizona	56.51	3	18	30
7	Colorado	56.44	5	9	31
8	Texas	56.19	4	12	34
9	North Carolina	54.86	10	20	18
10	Tennessee	53.32	7	30	26
11	Oklahoma	52.78	22	31	2
12	South Carolina	51.99	12	42	10
13	California	51.88	9	2	48
14	Arkansas	51.69	13	44	6
15	Mississippi	51.52	24	45	1
16	Kentucky	51.4	19	35	4
17	Montana	51.14	16	40	7
18	Alabama	50.53	17	47	5
19	Delaware	50.44	14	5	43
20	Indiana	50.27	26	29	8
21	Washington	49.48	20	4	41
22	Illinois	49.03	37	3	36
23	Wyoming	48.32	25	27	23
24	South Dakota	48.21	42	36	3
25	Michigan	48.09	29	23	19
26	Ohio	46.8	31	32	16
27	Maine	46	21	46	25
28	Wisconsin	45.94	43	19	27
29	Minnesota	45.92	34	13	33
30	Louisiana	45.81	30	41	17
31	New Mexico	45.57	35	49	9
32	Iowa	45.39	46	28	15
33	Kansas	45.36	41	38	12
34	Virginia	45.01	23	17	37
35	Nebraska	44.69	39	34	24
36	Massachusetts	44.1	33	8	44
37	Oregon	43.97	18	26	39
38	New York	43.76	28	6	49
39	Vermont	43.36	45	14	32
40	North Dakota	43.06	32	48	22
41	Missouri	43.06	47	39	20
42	Hawaii	41.88	15	43	42
43	Pennsylvania	40.55	44	22	38
44	New Jersey	40.54	38	7	50
45	New Hampshire	40.46	40	37	35
46	West Virginia	38.25	48	50	13
47	Maryland	38.03	27	24	47
48	Alaska	36.52	36	33	45
49	Connecticut	35.61	49	10	46
50	Rhode Island	35.55	50	21	40

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