WalletHub released its annual list of the large cities to start businesses in, with Tampa and St. Petersburg landing within the top 15.
To create the rankings, WalletHub evaluated the startup environment in 100 U.S. cities based on their business environment, access to resources and business costs. Those metrics were to make an overall score out of 100.
Tampa cracked the top 10, landing at the No. 10 spot with a score of 61.78. It had the 19th-best business cost and the 24th-best access to resources. The business environment was its weakest category, ranking as the 44th-best.
St. Pete landed a few spots behind Tampa at No. 12. The city had the 17th-best business cost and the 39th-best business environment. Access to resources, 53rd-best, was its weakest category.
A separate report from Oakland, California-based Roofstack found the Tampa-St. Petersburg-Clearwater metro area is one of the top metro areas for startup businesses.
Here is how Florida’s other cities ranked on the report:
City, rank, score
Orlando, No. 4, 63.58
Jacksonville, No. 17, 60.63
Miami, No. 24, 58.74
Hialeah, No. 77, 52.17
Laredo, Texas topped the list, followed by Durham, North Carolina, and Lubbock, Texas. Orlando and Boise, Idaho, rounded out the top five.
The full report can be found here.