Best & Worst States To Start A Business In 2024

by: Kristy Bleizeffer on January 16, 2024 | 0 Comments | 559 Views

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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