scorecardThe 21 big US cities where it pays most to be an entrepreneur
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The 21 big US cities where it pays most to be an entrepreneur

21. Phoenix, Arizona

The 21 big US cities where it pays most to be an entrepreneur

20. New Orleans, Louisiana

20. New Orleans, Louisiana

Income premium for entrepreneurs: 6.7%

Median income for entrepreneurs: $48,000

Median income for full-time workers: $45,000

Share of self-employed workers in workforce: 11.3%

19. Minneapolis, Minnesota

19. Minneapolis, Minnesota

Income premium for entrepreneurs: 6.8%

Median income for entrepreneurs: $60,000

Median income for full-time workers: $56,200

Share of self-employed workers in workforce: 8.5%

18. Richmond, Virginia

18. Richmond, Virginia

Income premium for entrepreneurs: 7.0%

Median income for entrepreneurs: $53,500

Median income for full-time workers: $50,000

Share of self-employed workers in workforce: 8.1%

17. Jacksonville, Florida

17. Jacksonville, Florida

Income premium for entrepreneurs: 7.8%

Median income for entrepreneurs: $48,500

Median income for full-time workers: $45,000

Share of self-employed workers in workforce: 9.5%

16. Virginia Beach, Virginia

16. Virginia Beach, Virginia

Income premium for entrepreneurs: 7.8%

Median income for entrepreneurs: $49,600

Median income for full-time workers: $46,000

Share of self-employed workers in workforce: 6.4%

15. Milwaukee, Wisconsin

15. Milwaukee, Wisconsin

Income premium for entrepreneurs: 7.8%

Median income for entrepreneurs: $55,000

Median income for full-time workers: $51,000

Share of self-employed workers in workforce: 6.8%

14. San Diego, California

14. San Diego, California

Income premium for entrepreneurs: 8.0%

Median income for entrepreneurs: $57,000

Median income for full-time workers: $52,800

Share of self-employed workers in workforce: 11.0%

13. Portland, Oregon

13. Portland, Oregon

Income premium for entrepreneurs: 9.1%

Median income for entrepreneurs: $60,000

Median income for full-time workers: $55,000

Share of self-employed workers in workforce: 11.4%

12. Chicago, Illinois

12. Chicago, Illinois

Income premium for entrepreneurs: 9.1%

Median income for entrepreneurs: $60,000

Median income for full-time workers: $55,000

Share of self-employed workers in workforce: 8.6%

11. Cincinnati, Ohio

11. Cincinnati, Ohio

Income premium for entrepreneurs: 10.0%

Median income for entrepreneurs: $55,000

Median income for full-time workers: $50,000

Share of self-employed workers in workforce: 7.0%

10. Austin, Texas

10. Austin, Texas

Income premium for entrepreneurs: 11.1%

Median income for entrepreneurs: $60,000

Median income for full-time workers: $54,000

Share of self-employed workers in workforce: 10.7%

9. Birmingham, Alabama

9. Birmingham, Alabama

Income premium for entrepreneurs: 12.0%

Median income for entrepreneurs: $56,000

Median income for full-time workers: $50,000

Share of self-employed workers in workforce: 7.9%

8. Providence, Rhode Island

8. Providence, Rhode Island

Income premium for entrepreneurs: 13.2%

Median income for entrepreneurs: $60,000

Median income for full-time workers: $53,000

Share of self-employed workers in workforce: 7.6%

7. Orlando, Florida

7. Orlando, Florida

Income premium for entrepreneurs: 13.7%

Median income for entrepreneurs: $45,500

Median income for full-time workers: $40,030

Share of self-employed workers in workforce: 9.6%

6. San Antonio, Texas

6. San Antonio, Texas

Income premium for entrepreneurs: 14.3%

Median income for entrepreneurs: $48,000

Median income for full-time workers: $42,000

Share of self-employed workers in workforce: 9.8%

5. Oklahoma City, Oklahoma

5. Oklahoma City, Oklahoma

Income premium for entrepreneurs: 14.3%

Median income for entrepreneurs: $48,000

Median income for full-time workers: $42,000

Share of self-employed workers in workforce: 8.6%

4. Memphis, Tennessee

4. Memphis, Tennessee

Income premium for entrepreneurs: 16.3%

Median income for entrepreneurs: $50,000

Median income for full-time workers: $43,000

Share of self-employed workers in workforce: 6.7%

3. Las Vegas, Nevada

3. Las Vegas, Nevada

Income premium for entrepreneurs: 19.0%

Median income for entrepreneurs: $50,000

Median income for full-time workers: $42,000

Share of self-employed workers in workforce: 9.1%

2. Denver, Colorado

2. Denver, Colorado

Income premium for entrepreneurs: 20.0%

Median income for entrepreneurs: $66,000

Median income for full-time workers: $55,000

Share of self-employed workers in workforce: 10.2%

1. Salt Lake City, Utah

1. Salt Lake City, Utah

Income premium for entrepreneurs: 24.5%

Median income for entrepreneurs: $60,000

Median income for full-time workers: $48,200

Share of self-employed workers in workforce: 8.9%

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