Central TX Ranks #32 Out Of 383 Best Places For Women Entrepreneurs
Outranking other Texas areas in the top 50 including Odessa and Dallas-Fort Worth-Arlington
September 21, 2016, Fort Mill, S.C., GoodCall- The metro area of Austin-Round Rock was ranked #32 in a new report by data analysts from GoodCall.com as one of the best places in the U.S. for women entrepreneurs to launch a business. The report was launched in light of American Business Women’s Day (9/22), a nationally recognized holiday that honors American business women and women business owners across the country.
“Central Texas breeds an atmosphere conducive for entrepreneurship. As the fastest growing sector, women owned businesses, thrive here because of healthy economic factors and synergy with a collaboration of various industries,” says Tam Hawkins, President and CEO of the Greater Austin Black Chamber of Commerce.
A total of 383 metropolitan statistical areas (MSAs) were evaluated on their ability to provide networking opportunities, a welcoming business climate for women, a bustling economy and a great baseline for female education. Data sources included the U.S. Census Bureau’s most recent Survey of Business Owners to evaluate the networking potential (10% of the total score) and business climate (25%), and the bureau’s 2014 American Community Survey to weigh differences in male and female educational attainment (30%).
“Austin-Round Rock won the #32 position, outpacing other Texas metros in the top 100, including Odessa and Dallas-Fort Worth-Arlington,” says GoodCall.com research analyst Claire Etheridge. “Several factors boosted Austin-Round Rock up in the rankings, including robust educational values for women, a thriving post-recession economy and, of course, a high density of female business owners. Taken together, those factors elevated it above many other places in the country.”
Economic health information (35%) for the cities came from two sources – year-over-year change in an MSAs gross domestic product from the Bureau of Economic Analysis and the current unemployment rate from the Census Bureau’s American Community Survey’s 5-year estimates.
The report also features comments from successful women entrepreneurs around the country revealing what they love about owning a business in their city and the resources they’ve called on for success.
Read the full report regarding Austin-Round Rock’s ranking including methodology and data sources here: https://www.goodcall.com/data-center/2016-best-places-women-entrepreneurs.
About GoodCall: The GoodCall research team analyzes official government data to develop reports that help students, recent graduates and financial consumers make decisions about their careers, college choices and more. The GoodCall Data Center was born from the idea that in an increasingly complex online marketplace, consumers deserve access to the information they need to make educated financial decisions.
