The Best Places to Start a Business in Ohio

Throughout the late 19th and early 20th centuries, Ohio occupied the center of America’s industrial heart. The burgeoning United States economy couldn’t get enough of the region’s cars and steel, and in turn, Ohio and other states provided a virtually endless stream of jobs in its workshops and factories.

In the second half of the 20th century, however, the region fell into decline, as manufacturing output required less labor input, and companies left the Great Lakes states for the warmer climes of the Sun Belt. The entire region was categorized economically dead as factories closed and traditionally middle-class manufacturing jobs disappeared.

But what really happened wasn’t quite that simple. Although it’s true the number of manufacturing jobs has declined, Ohio remains one of the country’s most productive states. Photos of rusted, abandoned factories paint a dire picture, but companies and communities adjusted, and the Ohio economy proved to be more resilient and dynamic than portrayed.

The economy has changed, but several trends show that Ohio is anything but in decline:

A strong labor market: The statewide unemployment rate in Ohio touched 12% in January 2010, a couple of points higher than the national peak of 10% in October 2009. Since then, the unemployment rate in the Buckeye State has fallen to 5.4%, as of March 2015 — below the national rate of 5.5%.

Manufacturing output: Although it is true that manufacturing jobs have decreased from around 22% of all jobs in Ohio in 1990 to 12.6% now, this is still a higher proportion of manufacturing jobs than the national average of 10.4%. Ohio more than pulls its weight in output as well — the state makes up 3.4% of the U.S. gross domestic product but is responsible for 4.8% of its manufacturing output.

To put it another way, the state’s GDP of $565 billion in 2013 would make it the 27th largest economy in the world if Ohio were its own country. And with 25 Fortune 500 companies based in Ohio, there is a strong existing business infrastructure to draw on. These qualities of size and strength present potential entrepreneurs with plenty of opportunities in the Buckeye State.

Where are the best places to start a business in Ohio?

To find the best places to start a business in Ohio, NerdWallet examined communities with more than 500 businesses and a population of at least 5,000. These businesses range in size from sole proprietorships to large companies. We used two categories with a total of six variables for our analysis.

Business climate. NerdWallet analyzed the average revenue of businesses, the percentage of businesses with paid employees and the number of businesses per 100 people. A higher measure for each variable indicates a more business-friendly environment.

A majority of businesses in the U.S. — and in Ohio — are made up of one person and don’t have paid employees.

Local economic health. We looked at annual median income, monthly median housing costs and unemployment rates for each community. We analyzed income and housing costs, so areas with a high median income and low housing costs scored higher. We examined the unemployment rate to see whether a community’s economy supported business success. A lower unemployment rate scored higher.

NerdWallet’s key takeaways

Greater Cincinnati is a hot spot. Four cities in the top 10 are in Hamilton County, where Cincinnati is located. Cincinnati is home to nine Fortune 500 companies, making this a strong and established business environment.

Small cities dominate. The average population of the top 10 cities is 10,303, significantly less than the statewide average of 28,470. This means entrepreneurs can network through the entire business community in many of these cities.

Top communities are highly entrepreneurial. The top 10 have, on average, 14.92 businesses per 100 people, well above the statewide average of 9.03, meaning business owners are highly concentrated in many of these cities.

Best places to start a business in Ohio

1. Blue Ash

With the highest concentration of businesses relative to population in the state of Ohio (24.19 businesses per 100 residents), Blue Ash takes the top spot as the best place to start a business in the Buckeye State. This Hamilton County community 15 miles northeast of Cincinnati also has provided business opportunities for many well-known entrepreneurs — multinationals such as Coca-Cola, Procter & Gamble Co. and Toyota have operations in Blue Ash, and the city is the headquarters of The J. Peterman Co., the clothier made famous by the TV show “Seinfeld.”

2. Independence

The top-ranked northern Ohio city, Independence is a state hub for information services and tech companies. Independence is home to satellite offices of tech giants Microsoft and EMC, which has provided entrepreneurs an established pool of talent and opportunity. The city is also expanding its high-speed fiber-optic network, an amenity that has proved to be a job magnet in other markets such as Chattanooga, Tennessee.

3. Moraine

This Dayton suburb of 6,314 holds the distinction of having the highest average revenue per business in the state, so there are plenty of opportunities for entrepreneurs to tap into an established business community. This environment has also continued to be attractive to established businesses — the city recently announced that Fuyao Glass America Inc. planned to hire 1,550 workers and invest $360 million into a plant in Moraine.

4. Beachwood

With 20.88 businesses per 100 residents, Beachwood, 10 miles east of Cleveland, is one of the most entrepreneurial places in the state. This enterprising spirit has led to the lowest unemployment rate in the top 10, at 2.1%. It should come as no surprise, then, that the Beachwood Chamber of Commerce holds monthly networking events to foster this pioneering business environment.

5. Fairlawn

As the home of the UH Fairlawn Health Center and Summa Health System, Fairlawn is developing into a regional hub for health care. Fairlawn has clearly benefited from the growing health-care industry, as indicated by the community’s 3% unemployment rate — the second lowest in the top 10.

6. Sharonville

Sharonville is Blue Ash’s neighbor to the northwest, and like its Hamilton County neighbor, it is something of a regional destination for business and opportunity. First, the city has the second-highest proportion of businesses with paid employees in the state, at 54.73%. This indicates that Sharonville is full of established, successful employers, rather than individual proprietors. Second, the town draws talent from the entire region. The city is proud of this strong business environment, boasting on its website that the population of Sharonville is 13,500 — but 39,000 during the daytime.

7. Kenwood

Kenwood is the third Hamilton County community in the top 10. Just south of Blue Ash, Kenwood has a well-balanced local business environment. It scores high in businesses with paid employees (49.95%), and the unemployment rate of 4.6% is below the top 10 average of 4.8%. The town itself provides a strong and steady economic environment — of the four Hamilton County communities in the top 10, Kenwood has the highest median annual income, at $63,063.

8. Oregon

Oregon was recently in the news because it temporarily changed its name before the Oregon Ducks played the Ohio State Buckeyes in the 2015 college football national championship. Business owners, however, have taken notice of this Toledo suburb for other reasons: Oregon’s 1,102 businesses have the second-highest average revenue per business in the state, behind only Moraine. Business owners can also count on local support to help build and grow in Oregon. For the last 22 years, the Oregon Economic Development Foundation has helped shape the local economic landscape.

9. Springdale

The fourth Hamilton County community in the top 10, Springdale — like its neighbors — has a high proportion of businesses with paid employees (52.29%, which beats the statewide average of 29.99% by a notable margin). The city also has a stronger than average labor market, with an unemployment rate of 4.9%, compared with the statewide average of 5.9% (as of the 2013 American Community Survey). To help foster a strong business environment, Springdale provides financing and tax incentives to help businesses create jobs and grow in the community.

10. Ontario

Ontario is about halfway between Columbus and Cleveland, which makes it the top 10 city farthest from one of Ohio’s major population centers. This community of 6,172 residents, however, has seen strong growth in recent years, attracting employers by way of incentives including the Ontario Job Creation Tax Credit. The project has worked well — for example, Cole Tooling & Stamping moved to Ontario from nearby Mansfield, and the company reportedly expects to see a 25% increase in jobs “over the next few years, each year.”

Embed this map on your site:

Copy and paste this snippet.

<iframe width=100% height="450" scrolling="no" frameborder="no" src="http://ift.tt/1KGOxeN"></iframe> Via:<a href='http://ift.tt/MXi2ub'>NerdWallet</a>

 

Best places to start a business in Ohio

 

Rank	City	Population	Number of businesses	Average revenue per business	Percentage of businesses with paid employees	Businesses per 100 people	Unemployment rate	Overall score
1	Blue Ash	12,116	2,931	$4,377,407	48.17%	24.19	5.30%	71.58
2	Independence	7,123	1,458	$4,903,249	50.75%	20.47	4.70%	71.35
3	Moraine	6,314	938	$9,410,111	51.07%	14.86	8.40%	70.44
4	Beachwood	11,884	2,481	$2,481,222	48.41%	20.88	2.10%	69.83
5	Fairlawn	7,427	1,356	$2,423,739	50.66%	18.26	3.00%	66.77
6	Sharonville	13,898	1,460	$5,259,934	54.73%	10.51	4.60%	65.30
7	Kenwood	6,671	983	$1,763,341	49.95%	14.74	4.60%	58.65
8	Oregon	20,255	1,102	$9,216,269	37.66%	5.44	5.50%	58.58
9	Springdale	11,171	1,113	$3,709,226	52.29%	9.96	4.90%	58.11
10	Ontario	6,172	614	$2,313,077	52.44%	9.95	4.90%	56.41
11	Milford	6,715	812	$1,211,044	46.67%	12.09	2.70%	55.09
12	Worthington	13,521	2,527	$1,311,554	31.70%	18.69	2.90%	54.42
13	Upper Sandusky	6,844	612	$1,579,899	55.23%	8.94	5.80%	53.95
14	Maumee	14,212	1,899	$2,638,319	39.44%	13.36	4.50%	53.04
15	St. Clairsville	5,158	900	$575,632	30.22%	17.45	1.90%	51.48
16	Solon	23,214	3,245	$2,818,962	34.73%	13.98	4.70%	51.30
17	Chardon	5,162	908	$1,006,111	34.91%	17.59	4.50%	50.19
18	Montgomery	10,283	1,632	$2,492,042	25.00%	15.87	3.50%	50.08
19	Dublin	41,958	5,360	$3,337,720	27.20%	12.77	3.30%	49.63
20	Middleburg Heights	15,863	1,838	$1,763,982	40.37%	11.59	5.80%	49.51
21	Hillsboro	6,598	510	$1,756,365	54.12%	7.73	9.10%	48.95
22	Willoughby	22,334	2,521	$1,481,314	39.27%	11.29	4.60%	48.43
23	Rocky River	20,107	1,986	$484,131	37.06%	9.88	3.30%	48.06
24	Coshocton	11,223	818	$1,561,793	45.23%	7.29	5.50%	47.69
25	Westlake	32,552	3,987	$1,227,554	32.46%	12.25	3.50%	47.49
26	Brecksville	13,584	1,652	$1,559,279	33.35%	12.16	4.20%	47.49
27	Bedford Heights	10,699	842	$3,725,711	46.91%	7.87	9.90%	47.35
28	Highland Heights	8,315	1,088	$2,038,608	29.32%	13.08	3.20%	47.07
29	Zanesville	25,481	1,958	$2,270,849	46.22%	7.68	7.20%	47.00
30	Twinsburg	18,765	2,060	$2,167,792	30.58%	10.98	3.30%	46.62
31	Steubenville	18,525	1,322	$1,086,497	41.53%	7.14	4.10%	46.36
32	Streetsboro	16,043	952	$3,022,471	39.81%	5.93	4.60%	46.13
33	Dover	12,828	847	$1,497,519	43.45%	6.60	5.10%	45.94
34	Oxford	21,608	707	$735,446	49.22%	3.27	3.50%	45.44
35	Forestville	10,298	1,109	$894,995	30.30%	10.77	3.20%	45.20
36	Franklin	11,825	726	$2,862,231	43.94%	6.14	7.60%	45.07
37	Mayfield Heights	19,029	2,061	$2,637,858	26.25%	10.83	3.40%	45.02
38	St. Marys	8,232	954	$1,211,709	34.80%	11.59	5.50%	44.99
39	Landen	7,005	1,486	$305,814	20.12%	21.21	4.00%	44.92
40	Mentor	47,134	5,112	$1,175,734	34.00%	10.85	4.20%	44.76
41	Wooster	26,260	2,163	$1,613,607	35.83%	8.24	4.00%	44.49
42	Marietta	14,067	1,582	$1,388,175	33.57%	11.25	5.60%	44.29
43	Vandalia	15,206	1,055	$2,511,343	38.86%	6.94	6.50%	44.14
44	Geneva	6,175	569	$667,722	42.00%	9.21	6.60%	43.86
45	Napoleon	9,000	759	$1,678,353	39.66%	8.43	8.10%	43.80
46	Boardman	35,173	3,676	$661,086	33.87%	10.45	4.40%	43.74
47	Cambridge	10,622	940	$1,202,455	39.26%	8.85	6.30%	43.72
48	Washington Court House	14,139	912	$3,954,924	33.66%	6.45	6.30%	43.65
49	Belpre	6,440	635	$1,599,975	32.13%	9.86	4.50%	43.64
50	Granville	5,659	681	$380,727	30.40%	12.03	3.70%	43.62
51	Harrison	10,054	983	$1,176,724	36.01%	9.78	5.60%	43.51
52	Grandview Heights	6,695	897	$764,246	26.98%	13.40	2.70%	43.17
53	Howland Center	6,554	541	$445,575	36.97%	8.25	4.00%	43.13
54	Bellbrook	7,008	863	$648,528	32.68%	12.31	5.40%	43.12
55	Hudson	22,335	3,087	$954,637	23.32%	13.82	3.50%	43.09
56	Canal Fulton	5,480	589	$414,063	34.80%	10.75	4.90%	42.82
57	Jackson	6,363	764	$2,247,690	26.57%	12.01	5.00%	42.67
58	Mount Vernon	16,947	1,098	$1,982,706	39.80%	6.48	6.20%	42.52
59	Westerville	36,778	4,926	$1,093,418	23.57%	13.39	3.20%	42.50
60	Heath	10,351	727	$2,174,103	33.43%	7.02	4.60%	42.45
61	Mansfield	47,360	3,740	$1,444,200	38.93%	7.90	6.90%	42.41
62	London	9,892	600	$2,497,775	34.67%	6.07	4.90%	42.28
63	Huron	7,133	622	$716,291	36.17%	8.72	4.90%	42.28
64	Urbana	11,669	655	$1,754,258	44.27%	5.61	8.60%	42.28
65	Portsmouth	20,357	1,554	$964,723	36.87%	7.63	5.40%	42.23
66	Tiffin	17,896	1,455	$2,067,102	39.24%	8.13	8.30%	42.20
67	Columbiana	6,231	581	$686,379	29.09%	9.32	1.80%	42.17
68	Medina	26,617	2,738	$946,516	31.19%	10.29	4.20%	42.16
69	Brooklyn	11,080	809	$4,693,933	26.08%	7.30	6.50%	42.11
70	Bryan	8,536	734	$1,864,007	35.15%	8.60	6.60%	41.97
71	Niles	18,988	1,110	$1,661,323	38.47%	5.85	6.20%	41.83
72	Norwood	19,151	1,401	$1,747,717	35.40%	7.32	5.40%	41.69
73	Athens	24,201	1,254	$718,363	43.38%	5.18	6.40%	41.47
74	Bedford	12,994	1,055	$1,726,703	35.17%	8.12	6.30%	41.45
75	Reading	10,370	824	$1,374,579	35.80%	7.95	6.80%	41.43
76	Oberlin	8,380	579	$1,183,228	32.99%	6.91	4.20%	41.22
77	Troy	25,134	1,943	$3,111,596	27.90%	7.73	5.20%	41.16
78	Shelby	9,022	629	$961,380	32.43%	6.97	3.90%	41.10
79	Avon	21,440	1,409	$1,129,067	33.22%	6.57	4.40%	41.07
80	Madeira	8,749	1,134	$259,430	22.75%	12.96	3.10%	41.06
81	Kenton	8,019	535	$1,153,163	45.05%	6.67	9.00%	40.98
82	Logan	7,261	736	$794,662	31.79%	10.14	5.50%	40.96
83	Wapakoneta	9,861	811	$807,787	33.42%	8.22	4.20%	40.95
84	Canfield	7,478	1,043	$517,705	20.04%	13.95	4.20%	40.95
85	Warrensville Heights	13,469	1,155	$1,856,794	37.06%	8.58	7.30%	40.80
86	Macedonia	11,268	1,361	$950,126	28.29%	12.08	5.40%	40.27
87	Powell	11,746	1,597	$259,364	21.54%	13.60	2.50%	40.20
88	Norwalk	16,959	1,552	$826,928	32.86%	9.15	5.80%	40.19
89	Greenville	13,152	1,195	$1,408,417	32.47%	9.09	6.70%	40.09
90	Ashland	20,492	1,505	$1,037,918	39.00%	7.34	7.60%	40.05
91	Loveland	12,370	1,359	$598,428	23.91%	10.99	2.80%	40.03
92	Monroe	13,009	628	$3,204,390	33.12%	4.83	5.10%	39.97
93	Aurora	15,524	1,719	$1,289,682	24.08%	11.07	4.90%	39.73
94	Fairfield	42,623	4,097	$2,529,828	28.56%	9.61	7.00%	39.73
95	Centerville	23,965	2,181	$1,120,149	26.64%	9.10	4.20%	39.72
96	New Philadelphia	17,321	1,659	$890,212	31.16%	9.58	5.60%	39.60
97	Fremont	16,633	1,494	$1,546,292	35.14%	8.98	8.40%	39.58
98	Northwood	5,289	546	$2,421,749	31.14%	10.32	8.80%	39.54
99	Celina	10,388	869	$743,679	36.59%	8.37	7.40%	39.32
100	Strongsville	44,656	4,182	$1,087,691	26.02%	9.36	4.70%	38.97
101	Miamisburg	20,148	1,814	$1,059,055	27.34%	9.00	4.50%	38.90
102	Findlay	41,373	4,052	$2,019,100	27.12%	9.79	6.70%	38.88
103	Springboro	17,693	1,765	$1,149,070	25.84%	9.98	4.20%	38.87
104	Defiance	16,658	1,226	$1,503,079	35.24%	7.36	8.00%	38.68
105	Gahanna	33,570	3,478	$822,962	27.08%	10.36	4.20%	38.63
106	Salem	12,264	1,319	$999,237	30.48%	10.76	7.20%	38.52
107	North Royalton	30,355	3,038	$464,671	26.07%	10.01	4.50%	38.49
108	Norton	12,048	827	$1,043,642	31.08%	6.86	4.60%	38.39
109	Perrysburg	20,982	2,430	$636,442	22.59%	11.58	4.40%	38.36
110	Avon Lake	22,708	1,949	$2,306,740	19.55%	8.58	3.40%	38.33
111	Barberton	26,461	1,442	$2,632,941	34.19%	5.45	7.90%	38.15
112	Wilmington	12,500	908	$1,851,638	36.34%	7.26	9.20%	38.04
113	Cortland	7,064	796	$500,446	22.36%	11.27	4.20%	38.00
114	Van Wert	10,787	833	$2,182,101	31.81%	7.72	8.30%	37.91
115	Marysville	22,581	1,643	$1,049,322	29.03%	7.28	4.40%	37.84
116	Lancaster	38,948	2,939	$742,237	34.13%	7.55	6.90%	37.80
117	Wickliffe	12,719	1,163	$840,645	29.23%	9.14	6.40%	37.73
118	Richmond Heights	10,524	1,013	$662,990	31.00%	9.63	7.10%	37.72
119	Mason	30,905	2,647	$1,356,270	27.13%	8.56	4.90%	37.67
120	Green	25,742	2,171	$1,246,550	26.26%	8.43	5.00%	37.66
121	Brook Park	19,126	1,551	$1,693,716	29.34%	8.11	6.40%	37.64
122	Bellefontaine	13,162	989	$1,188,128	34.98%	7.51	7.80%	37.63
123	Lyndhurst	13,916	1,715	$253,016	20.58%	12.32	3.00%	37.57
124	Wadsworth	21,678	2,205	$605,681	23.76%	10.17	4.00%	37.46
125	Newark	47,708	3,035	$1,585,418	32.49%	6.36	6.80%	37.32
126	Sandusky	25,606	1,728	$1,080,594	33.97%	6.75	7.30%	37.15
127	Sylvania	18,929	2,168	$453,533	22.56%	11.45	4.90%	37.14
128	North Olmsted	32,504	2,802	$1,122,241	28.27%	8.62	5.90%	37.13
129	Springfield	60,423	3,267	$1,767,509	37.62%	5.41	8.70%	37.10
130	Eastlake	18,549	1,613	$1,292,109	26.16%	8.70	5.20%	37.10
131	Beavercreek	45,459	3,679	$855,806	22.45%	8.09	3.50%	37.09
132	Warren	41,199	2,863	$1,554,264	30.49%	6.95	6.80%	37.03
133	Fairview Park	16,704	1,516	$366,662	28.17%	9.08	5.70%	37.00
134	Upper Arlington	34,008	4,638	$255,743	14.88%	13.64	3.10%	36.88
135	Fostoria	13,209	752	$2,012,725	36.04%	5.69	9.50%	36.77
136	Beckett Ridge	8,728	747	$932,731	23.03%	8.56	4.30%	36.74
137	Amherst	12,057	993	$1,115,261	26.28%	8.24	5.80%	36.72
138	Northgate	7,109	594	$610,522	26.77%	8.36	4.80%	36.65
139	North Canton	17,433	1,541	$571,621	26.61%	8.84	5.20%	36.59
140	Canton	73,027	4,983	$2,681,704	32.55%	6.82	9.60%	36.54
141	Sidney	21,095	1,649	$2,362,255	27.23%	7.82	7.30%	36.51
142	Tallmadge	17,492	1,226	$827,945	25.12%	7.01	3.80%	36.44
143	Hubbard	7,817	796	$339,377	23.12%	10.18	4.60%	36.36
144	Grove City	36,261	3,000	$1,687,417	21.33%	8.27	3.70%	36.33
145	Ironton	10,989	877	$521,181	27.25%	7.98	5.00%	36.29
146	Broadview Heights	19,292	1,831	$776,458	21.90%	9.49	4.60%	36.27
147	Ashtabula	18,976	1,594	$884,152	32.62%	8.40	8.00%	36.25
148	Stow	34,750	3,189	$707,084	24.55%	9.18	4.70%	36.22
149	Lebanon	20,287	1,709	$1,212,610	30.37%	8.42	7.70%	36.11
150	Berea	19,072	1,561	$666,183	31.26%	8.18	7.10%	36.03
151	Cincinnati	297,150	26,491	$2,272,362	25.07%	8.92	8.30%	35.93
152	Wheelersburg	6,600	773	$389,922	25.74%	11.71	8.70%	35.29
153	Wauseon	6,803	671	$806,565	30.70%	9.86	9.20%	35.21
154	Brookville	6,162	562	$619,157	21.71%	9.12	4.70%	35.15
155	Conneaut	12,839	795	$611,187	32.33%	6.19	6.50%	35.13
156	Delphos	7,212	654	$1,083,612	22.94%	9.07	6.20%	35.01
157	Cuyahoga Falls	49,430	4,188	$699,020	23.30%	8.47	4.80%	34.98
158	Circleville	13,410	880	$815,968	30.11%	6.56	6.80%	34.72
159	Tipp City	9,731	880	$807,890	22.50%	9.04	5.30%	34.71
160	Delaware	35,599	2,704	$1,032,484	19.79%	7.60	3.10%	34.57
161	Forest Park	18,687	1,319	$2,174,637	27.29%	7.06	6.90%	34.55
162	Seven Hills	11,756	832	$584,953	23.80%	7.08	5.10%	34.52
163	Munroe Falls	5,027	699	$170,525	16.17%	13.90	5.50%	34.50
164	Kettering	56,202	4,771	$1,118,311	20.90%	8.49	5.00%	34.44
165	Marion	36,857	1,796	$1,228,928	29.90%	4.87	5.90%	34.40
166	Englewood	13,440	976	$461,934	28.18%	7.26	5.90%	34.40
167	New Franklin	14,239	1,135	$273,979	28.63%	7.97	6.90%	34.38
168	Eaton	8,362	717	$1,238,810	23.85%	8.57	6.30%	34.38
169	Brunswick	34,386	2,631	$546,094	25.31%	7.65	4.90%	34.37
170	Bowling Green	31,049	1,835	$1,241,165	34.44%	5.91	9.90%	34.25
171	Piqua	20,600	1,535	$948,074	30.16%	7.45	7.80%	34.12
172	Lima	38,570	2,263	$2,589,925	32.88%	5.87	11.30%	33.90
173	Elyria	54,290	3,597	$1,128,917	30.47%	6.63	7.90%	33.86
174	Portage Lakes	6,912	705	$343,843	25.53%	10.20	8.00%	33.53
175	White Oak	18,708	1,128	$292,631	25.35%	6.03	4.90%	33.32
176	University Heights	13,476	1,313	$314,352	19.35%	9.74	4.50%	33.20
177	Ravenna	11,653	1,266	$838,034	25.91%	10.86	9.30%	33.15
178	Chillicothe	21,885	1,784	$937,642	28.25%	8.15	9.60%	33.08
179	Massillon	32,130	2,089	$1,299,545	27.24%	6.50	7.90%	33.07
180	Alliance	22,256	1,595	$840,841	31.41%	7.17	9.20%	32.99
181	Columbus	800,594	56,954	$2,118,546	21.78%	7.11	6.70%	32.91
182	Austintown	29,605	2,104	$839,037	26.00%	7.11	7.10%	32.90
183	Fairborn	32,798	1,309	$1,283,630	29.56%	3.99	6.60%	32.86
184	Vermilion	10,775	994	$375,635	24.55%	9.23	6.60%	32.65
185	Oakwood	9,165	829	$184,881	10.62%	9.05	1.50%	32.62
186	Louisville	9,161	686	$471,592	16.18%	7.49	2.90%	32.54
187	Shaker Heights	28,200	3,291	$201,849	12.82%	11.67	4.20%	32.51
188	Hilliard	29,715	3,057	$671,412	18.22%	10.29	5.00%	32.51
189	Mount Healthy	6,060	509	$264,334	22.79%	8.40	6.00%	32.40
190	Whitehall	18,291	1,376	$924,159	31.03%	7.52	9.10%	32.32
191	Dry Run	7,109	762	$76,573	16.27%	10.72	4.00%	32.31
192	Painesville	19,616	1,280	$991,041	27.58%	6.53	7.30%	32.04
193	Lincoln Village	9,453	786	$670,453	23.79%	8.31	5.80%	32.00
194	North Ridgeville	30,103	2,350	$422,404	24.51%	7.81	6.30%	31.81
195	Dayton	143,446	9,071	$1,744,635	29.91%	6.32	10.30%	31.78
196	Cleveland	394,335	26,174	$1,859,640	30.50%	6.64	11.70%	31.09
197	Parma	81,055	5,695	$595,757	21.63%	7.03	6.00%	31.03
198	Xenia	25,835	1,931	$615,943	22.11%	7.47	6.30%	30.99
199	Middletown	48,664	3,570	$2,064,557	24.03%	7.34	9.50%	30.91
200	Finneytown	13,115	1,074	$261,265	22.91%	8.19	5.80%	30.87
201	Olmsted Falls	8,946	796	$208,068	14.82%	8.90	3.70%	30.80
202	Akron	199,038	14,301	$1,315,304	27.24%	7.19	9.80%	30.75
203	Struthers	10,630	778	$448,357	25.84%	7.32	7.90%	30.74
204	Clayton	13,207	1,148	$262,417	22.39%	8.69	6.30%	30.53
205	Reynoldsburg	35,652	3,086	$301,287	18.05%	8.66	5.00%	30.47
206	Youngstown	66,511	3,856	$1,237,514	28.48%	5.80	9.90%	30.42
207	Garfield Heights	28,650	1,879	$852,757	26.13%	6.56	8.50%	30.14
208	Riverside	25,181	1,190	$814,499	31.93%	4.73	9.60%	29.89
209	Hamilton	62,350	4,014	$911,812	24.96%	6.44	8.40%	29.82
210	Girard	9,874	861	$410,109	16.61%	8.72	6.10%	29.80
211	Lakewood	51,693	4,371	$428,229	19.35%	8.46	6.90%	29.72
212	Lorain	64,017	2,943	$1,117,459	29.05%	4.60	9.50%	29.67
213	Cleveland Heights	45,851	4,544	$218,388	17.63%	9.91	6.90%	29.49
214	Toledo	285,459	16,554	$1,137,032	28.84%	5.80	10.70%	29.45
215	Kent	31,301	1,414	$690,474	30.69%	4.52	9.10%	29.13
216	Pataskala	14,969	1,486	$676,030	12.52%	9.93	4.60%	28.91
217	Parma Heights	20,583	1,325	$195,792	17.28%	6.44	4.80%	28.90
218	Huber Heights	38,573	2,397	$665,030	20.28%	6.21	6.40%	28.60
219	Pickerington	18,678	2,061	$327,275	13.88%	11.03	5.90%	28.39
220	South Euclid	22,139	1,768	$242,175	21.61%	7.99	7.90%	28.04
221	Dent	10,398	561	$458,936	14.62%	5.40	4.00%	27.92
222	Sheffield Lake	9,103	613	$123,951	15.50%	6.73	4.10%	26.90
223	Willowick	14,123	711	$334,646	18.85%	5.03	6.40%	26.83
224	Euclid	48,564	2,779	$1,066,628	21.52%	5.72	9.30%	26.57
225	Maple Heights	22,996	1,498	$837,773	24.23%	6.51	10.50%	25.87
226	Trotwood	24,375	1,418	$376,471	15.59%	5.82	8.40%	22.16
227	Northbrook	10,226	525	$355,461	14.29%	5.13	9.00%	19.01
228	East Cleveland	17,812	887	$346,888	23.22%	4.98	14.20%	18.54

Methodology

We analyzed communities with a population over 5,000 and with 500 or more businesses, but we excluded places that lacked data. We calculated the score for each location with the following criteria:

Business climate (65% of the overall score).  This was based on three metrics from the U.S. Census Bureau’s American Community Survey:

Average revenue of businesses (20% of the score) — a higher average contributed to a higher overall score.
Percentage of businesses with paid employees (25% of the score) — a higher percentage contributed to a higher overall score.
Businesses per 100 people (20% of the score) — a higher number contributed to a higher overall score.

Local economic health (35% of the overall score). This was based on three metrics from the U.S. Census Bureau’s American Community Survey:

Median annual income (10% of the score) — a higher median contributed to a higher overall score.
Median monthly housing costs (10% of the score) — a higher median contributed to a higher overall score.
Unemployment rate (15% of the score) — a lower rate contributed to a higher overall score.

For more information on starting a small business, check out NerdWallet’s small business guide.

---

Image of Cincinnati skyline via iStock.

Source Article http://ift.tt/1y39EC7

siege auto

Posted in: scholarships