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- The 21 big US cities where it pays most to be an entrepreneur
The 21 big US cities where it pays most to be an entrepreneur
21. Phoenix, Arizona
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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