Waukesha Named Third Best Place to Start a Business in Wisconsin

July 30, 2015
NerdWallet, a consumer finance website, has conducted a study to find the best places in Wisconsin to start a business – and Waukesha ranked third.
 
To determine this ranking, NerdWallet examined 118 places in Wisconsin with populations of 5,000 or more and analyzed the following factors:
 
  • Business climate
    • Average revenue of businesses
    • Percentage of businesses with paid employees
    • Businesses per 100 people
  • Local economic health
    • Median annual income
    • Median monthly housing costs
    • Unemployment rate
 
Waukesha is the largest community in the top 10 by population, with 70,775 residents. This Milwaukee suburb (about 20 miles from downtown) features the second-highest number of businesses in the top 10 list, with 4,777 businesses. It also boasts the highest average revenue per business (nearly $4.9 million) and the highest total revenue of business (almost $23.3 million). 
 
Other cities in the top 10 include Monona and Brookfield. See the full study here.
 
 
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About NerdWallet
NerdWallet is a personal finance site for consumers. Our data-driven tools and content enable consumers to make well-informed decisions across a broad range of financial topics, like buying a house, saving for retirement and small business loans.
 
 
 
Media Contact
Samantha Schulte | sschulte@nerdwallet.com