Skip to main content
Publish date:

3 places in MN make top 30 in 'best small cities for business' ranking

8 out of the top 10 cities in the list are in the Midwest.
Author:

America's biggest business hubs all have one thing in common: It's expensive as heck to run a company there.

That's why ChamberofCommerce.org has looked outside the biggest metropolitan areas in the U.S. to identify the best locations for businesses that want to set up shop in a more affordable, but still bustling location.

Its conclusion is intriguing, as it found that 8 of the 10 best "small cities" to run a business are in the Midwest.

Of those, Minnesota has one in the top 10 in the form of Rochester, the home of the Mayo Clinic as well as several universities and IBM's research and development center.

"The city places high on the list due to all-around solid statistics, but most notably due to its percentage of young people with a bachelor’s degree or higher," the study said of Rochester, which ranks 5th overall.

The list is topped by Fargo, North Dakota, with Bismarck placing 4th. Wisconsin has La Crosse and Appleton in the top 10, ranking 6th and 10th, respectively.

Other Midwestern cities in the top 10 are Billings, Montana, and Elkhart-Goshen and Columbus in Indiana.

There are two more Minnesota small cities that made the top 30, with Mankato-North Mankato ranking 17th and St. Cloud 26th, respectively. 

Cities that qualified for the rankings have populations between 50,000 and 250,000, which were judged on criteria including the percentage of the young population with a degree, median earnings of 25+ year olds, unemployment rates and the number of firms doing business in each city.

Follow Bring Me The News on LinkedIn

Next Up

Justin Jefferson

Vikings-49ers: 5 things you can count on

Sunday's matchup is a pivotal game in the NFC playoff picture.

Gopher Football

Watch: Gophers troll Badgers with 'Jump Around' after Saturday's win

First they took Paul Bunyan's Axe. Then they took their tradition.

Brandon Richart, missing person

Search underway for missing man in Anoka area

Brandon Richart was last seen Nov. 17.

U.S. Bank Stadium

5 teams win first state championships at Prep Bowl

A pair of records fell as the Prep Bowl lived up to the hype.

ashley Carlson

Remains of missing WI mom found in Pine County, MN

Ashley Miller-Carlson was 33 years old.

D'Angelo Russell

D'Lo's late takeover helps Timberwolves win double-OT thriller

Russell caught fire to help the Timberwolves get back to .500.

Gopher Football

Gophers suffocate Badgers, reclaim Paul Bunyan's Axe

Minnesota picked up its first home win over the Badgers since 2003.

Meeker County Sheriff's Office

Boy, 6, run over after falling off trailer in Meeker Co. tree farm accident

He was airlifted to Hennepin County Medical Center with internal injuries.

Target store

Target unveils deals for 2-day 'Cyber Monday' event

The promotion kicks off Sunday, November 28.

Screen Shot 2021-11-27 at 9.59.30 AM

Edina police warn of recent burglary trend targeting garages and vehicles

The Edina Police Department is increasing patrols in affected neighborhoods in response to the trend.

Related

New York troupe to perform acclaimed play for free in 3 MN cities

New York Public Theater will be in Minnesota between Thursday and Saturday.

3 Minnesota companies make Fortune's Top 50 'Most Admired' list

Seven more companies received honorable mentions as industry leaders.