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

Luis Alvarez/Getty Imagescompared income for entrepreneurs to earnings for other full-time employees by metro area to rank the cities where entrepreneurs are most successful.Visit Business Insider's homepage for more storiesIf you are looking to start a new business endeavor, you may want to start your own company in one of these major cities.

The income premium is the percent difference between the median income of entrepreneurs, who were defined as self-employed in the study, and all full-time employees using the Census Bureau'sFor example, the 2018 income premium for entrepreneurs in Las Vegas was 19.0%. That is, a typical entrepreneur in that city earns about $8,000 more than the median income of $42,000 of all full-time employees in Las Vegas.

The median salary for entrepreneurs in the 53 large metros on ZenBusiness' list is about $53,000, roughly the same as the overallThe highest income earned by entrepreneurs is in San Jose, California, where people who own their own business make a median income of $70,000. Entrepreneurs in Salt Lake City, Utah, make the most compared to all other full-time employees in the city, making it a potentially desirable metro area for aspiring business owners. A typical entrepreneur in Salt Lake City earns about $60,000, while a typical full-time employee earns $48,200, a difference of 24.5%.

The following are the 21 US cities with a population size of over 1,000,000 residents where entrepreneurs are most successful, along with their income premium, median 2018 income, and share of entrepreneurs — the percentage of workers that identify as self-employed.$49,100

Source: News Formal (newsformal.com)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America veteran deal-maker Boueiz resigns after 21 years: sourceBank of America's seasoned deal-maker Wadih Boueiz has resigned after a car... Yes Sir! I know Friggin thieves. Go elsewhere.
Source: Reuters - 🏆 2. / 97 Read more »

21 Emotional Pictures From Kobe And Gianna Bryant's Memorial At Staples CenterThousands of people paid their respects to Kobe and Gianna Bryant during their public memorial at the Staples Center in Los Angeles.
Source: BuzzFeed - 🏆 730. / 51 Read more »

21 of the Funniest and Most Unforgettable Mitch Hedberg Jokes“This shirt is dry-clean only, which means it’s dirty” Interesting that all his great jokes are being used by a site called vulture. Favourtiest comedian An escalator can never break, it can only become stairs. Dead too soon. Truly funny man with a unique delivery and point of view.
Source: NYMag - 🏆 111. / 63 Read more »

21 Questions That I, An Adult, Have About Childhood MoviesDid Bee Movie really feature a romance between a human and a goddamn bee? You know EXACTLY why grandpa Joe had long pinky nails Fish eat other fish.. nothing weird about it. Fish are not animals , not meat , they can not think
Source: BuzzFeed - 🏆 730. / 51 Read more »

21 Scary As Heck Horror Movies That Most People Don't Realize Are Inspired By True EventsBased on a...Hey, no thanks! sarie1997 His name Ralph Sarchie. I know cause i have his book Deliver Is From Evil. Correction..... GregHinyub I didn’t open this cause I have e next to me but I wanted to be sure you took a look at this!
Source: BuzzFeed - 🏆 730. / 51 Read more »

21 More Dumb But Funny Things People Actually Thought As Kids'I thought the world was in black and white before the 1940s.' Source: Thomas R.The Horror of Homelessness.Washington, D.C.Freedman & Sheeran Publishing, 1996.
Source: BuzzFeed - 🏆 730. / 51 Read more »