With National Hispanic Heritage Month approaching and one in four new businesses being Hispanic-owned, the personal-finance website WalletHub today released its report on 2025’s Best Cities for Hispanic Entrepreneurs, as well as expert commentary.
To help Hispanic entrepreneurs find the most fertile ground for their enterprises, WalletHub compared more than 180 U.S. cities across 23 key metrics. The data set ranges from the Hispanic entrepreneurship rate to Hispanic income growth to the share of Hispanic-owned businesses.
| Top 20 Cities for Hispanic Entrepreneurs | ||
| 1. Orlando, FL | 11. Tampa, FL | |
| 2. Pembroke Pines, FL | 12. Laredo, TX | |
| 3. Fort Lauderdale, FL | 13. Boise, ID | |
| 4. Dover, DE | 14. Tallahassee, FL | |
| 5. Miami, FL | 15. Jacksonville, FL | |
| 6. Cape Coral, FL | 16. Nampa, ID | |
| 7. Hialeah, FL | 17. St. Petersburg, FL | |
| 8. Port St. Lucie, FL | 18. Oklahoma City, OK | |
| 9. Albuquerque, NM | 19. Missoula, MT | |
| 10. South Burlington, VT | 20. Corpus Christi, TX | |
Best vs. Worst
- Hialeah, Florida, has the highest share of Hispanic residents, which is 49.3 times higher than in Charleston, West Virginia, the city with the lowest.
- Pearl City, Hawaii, has the lowest Hispanic unemployment rate, which is 25.5 times lower than in Bismarck, North Dakota, the city with the highest.
- South Burlington, Vermont, has the highest share of Hispanics with at least a bachelor’s degree, which is 9.8 times higher than in San Bernardino, California, the city with the lowest.
- Miami, Hialeah, Fort Lauderdale and Pembroke Pines, Florida, have the highest entrepreneurship rate among the Hispanic population, which is ten times higher than in Lewiston, Maine, the city with the lowest.
To view the full report and your city’s rank, please visit:
https://wallethub.com/edu/best-and-worst-cities-for-hispanic-entrepreneurs/6491/
