(Stacker) — In 2021, the IRS obtained a whopping 5.4 million business applications—an all-time excessive for the reason that U.S. authorities started monitoring this knowledge in 2004. The 12 months with the second-highest variety of new enterprise functions? 2020. At the moment, small companies make use of nearly half of the nation’s workers, in response to a Chamber of Commerce report.
It’s honest to say that the previous few years have been banner years for small companies, however what about regional variations? The enterprise local weather in a small city in Texas is probably going not the identical as a small city in Connecticut. The Chamber of Commerce report discovered that the Midwest was probably the most business-friendly area, because of the comparatively low value of residing, well-educated workforce, and rules decreasing taxes and easing zoning restrictions for companies.
In fact, the East and West coasts also have plenty to offer, from California’s Silicon Valley and Hollywood studios to New York’s monetary hub to Massachusetts’ prominence within the aerospace, defense, and information technology industries. A couple of states—together with Delaware, Wyoming, and Nevada—even can help you incorporate your corporation inside their borders with out ever setting foot there.
For much more particular knowledge, let’s take it a step additional by analyzing counties. Are sure counties extra pleasant to small companies than others? To pinpoint the areas the place small companies abound, altLINE used Census Bureau data to search out the counties in Illinois with the best focus of small companies in 2021, calculated as small institutions per 1,000 residents. Small institutions are outlined as these with fewer than 500 staff. Counties with fewer than 1,000 residents had been excluded from the evaluation, in addition to counties for which the Census Bureau didn’t have inhabitants estimates.
One other essential issue to think about: States the place nonresidents are allowed to include companies will even have a better ratio of small companies to residents since not all small companies are literally operated by individuals residing in that state.
Taking a detailed have a look at the kind of counties that topped the record in every state additionally reveals some attention-grabbing developments. World-class trip locations are nicely represented on the lists of every state, maybe as a result of vacationers need to get a way of how the locals dwell by small companies like eating places, bakeries, bars, and boutiques.
Whereas the highest counties in every state do embrace a couple of main cities, much less populated counties with smaller cities are far more widespread. Though most of the nation’s small businesses are located in major metropolitan areas, these which are situated in rural areas are typically extra steady—probably as a consequence of loyalty from native residents or the absence of competitors from giant companies.
Maintain studying to find the counties in Illinois with the best focus of small companies, and see how it compares across 50 states. It simply may offer you inspiration in your subsequent endeavor.
This story options knowledge reporting by Paxtyn Merten, writing by Annalise Mantz, and is a part of a collection using knowledge automation throughout 50 states.
#50. Stark County
– Complete small enterprise institutions: 113 (21.3 per 1,000 residents)
– Share of institutions which are small: 99.1%
– 2021 inhabitants: 5,296
#49. Rock Island County
– Complete small enterprise institutions: 3,053 (21.4 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 142,992
#48. Hancock County
– Complete small enterprise institutions: 375 (21.6 per 1,000 residents)
– Share of institutions which are small: 99.5%
– 2021 inhabitants: 17,388
#47. Putnam County
– Complete small enterprise institutions: 121 (21.6 per 1,000 residents)
– Share of institutions which are small: 98.4%
– 2021 inhabitants: 5,596
#46. Crawford County
– Complete small enterprise institutions: 406 (21.7 per 1,000 residents)
– Share of institutions which are small: 98.5%
– 2021 inhabitants: 18,691
#45. Edwards County
– Complete small enterprise institutions: 133 (21.9 per 1,000 residents)
– Share of institutions which are small: 98.5%
– 2021 inhabitants: 6,086
#44. Winnebago County
– Complete small enterprise institutions: 6,240 (22.0 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 283,559
#43. Fayette County
– Complete small enterprise institutions: 474 (22.1 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 21,447
#42. Schuyler County
– Complete small enterprise institutions: 151 (22.1 per 1,000 residents)
– Share of institutions which are small: 98.7%
– 2021 inhabitants: 6,822
#41. Moultrie County
– Complete small enterprise institutions: 323 (22.3 per 1,000 residents)
– Share of institutions which are small: 98.8%
– 2021 inhabitants: 14,509
#40. Hamilton County
– Complete small enterprise institutions: 177 (22.3 per 1,000 residents)
– Share of institutions which are small: 98.3%
– 2021 inhabitants: 7,923
#39. Grundy County
– Complete small enterprise institutions: 1,184 (22.4 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 52,929
#38. Saline County
– Complete small enterprise institutions: 523 (22.4 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 23,348
#37. Marion County
– Complete small enterprise institutions: 839 (22.5 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 37,378
#36. Wayne County
– Complete small enterprise institutions: 359 (22.5 per 1,000 residents)
– Share of institutions which are small: 99.2%
– 2021 inhabitants: 15,967
#35. Macon County
– Complete small enterprise institutions: 2,319 (22.6 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 102,649
#34. McDonough County
– Complete small enterprise institutions: 612 (22.8 per 1,000 residents)
– Share of institutions which are small: 99.5%
– 2021 inhabitants: 26,848
#33. DeWitt County
– Complete small enterprise institutions: 351 (22.8 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 15,379
#32. Stephenson County
– Complete small enterprise institutions: 1,014 (23.0 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 44,071
#31. Jackson County
– Complete small enterprise institutions: 1,219 (23.2 per 1,000 residents)
– Share of institutions which are small: 99.9%
– 2021 inhabitants: 52,666
#30. Carroll County
– Complete small enterprise institutions: 363 (23.2 per 1,000 residents)
– Share of institutions which are small: 99.5%
– 2021 inhabitants: 15,674
#29. Williamson County
– Complete small enterprise institutions: 1,553 (23.2 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 66,943
#28. LaSalle County
– Complete small enterprise institutions: 2,533 (23.2 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 109,139
#27. Monroe County
– Complete small enterprise institutions: 816 (23.3 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 34,993
#26. Iroquois County
– Complete small enterprise institutions: 626 (23.4 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 26,761
#24. Jasper County
– Complete small enterprise institutions: 216 (23.5 per 1,000 residents)
– Share of institutions which are small: 100.0%
– 2021 inhabitants: 9,204
#24. Livingston County
– Complete small enterprise institutions: 839 (23.5 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 35,741
#23. Will County
– Complete small enterprise institutions: 16,427 (23.5 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 697,985
#22. Peoria County
– Complete small enterprise institutions: 4,231 (23.5 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 179,764
#21. Pike County
– Complete small enterprise institutions: 345 (23.6 per 1,000 residents)
– Share of institutions which are small: 99.4%
– 2021 inhabitants: 14,609
#20. Coles County
– Complete small enterprise institutions: 1,107 (23.7 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 46,809
#19. Morgan County
– Complete small enterprise institutions: 774 (23.7 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 32,599
#18. Montgomery County
– Complete small enterprise institutions: 672 (23.9 per 1,000 residents)
– Share of institutions which are small: 99.9%
– 2021 inhabitants: 28,154
#17. Clinton County
– Complete small enterprise institutions: 889 (24.1 per 1,000 residents)
– Share of institutions which are small: 99.9%
– 2021 inhabitants: 36,886
#16. Jefferson County
– Complete small enterprise institutions: 891 (24.2 per 1,000 residents)
– Share of institutions which are small: 99.6%
– 2021 inhabitants: 36,882
#15. White County
– Complete small enterprise institutions: 339 (24.6 per 1,000 residents)
– Share of institutions which are small: 100.0%
– 2021 inhabitants: 13,768
#14. Sangamon County
– Complete small enterprise institutions: 4,816 (24.6 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 195,422
#13. Clay County
– Complete small enterprise institutions: 325 (24.7 per 1,000 residents)
– Share of institutions which are small: 99.1%
– 2021 inhabitants: 13,154
#12. Ford County
– Complete small enterprise institutions: 335 (24.8 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 13,491
#11. Kane County
– Complete small enterprise institutions: 13,158 (25.5 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 516,183
#10. McHenry County
– Complete small enterprise institutions: 8,031 (25.8 per 1,000 residents)
– Share of institutions which are small: 99.9%
– 2021 inhabitants: 311,592
#9. Cook dinner County
– Complete small enterprise institutions: 134,273 (25.9 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 5,177,606
#8. Washington County
– Complete small enterprise institutions: 363 (26.6 per 1,000 residents)
– Share of institutions which are small: 98.6%
– 2021 inhabitants: 13,651
#7. Adams County
– Complete small enterprise institutions: 1,758 (27.0 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 65,146
#6. Richland County
– Complete small enterprise institutions: 434 (27.7 per 1,000 residents)
– Share of institutions which are small: 99.5%
– 2021 inhabitants: 15,685
#5. Lake County
– Complete small enterprise institutions: 19,767 (27.8 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 712,160
#4. Douglas County
– Complete small enterprise institutions: 567 (28.7 per 1,000 residents)
– Share of institutions which are small: 99.5%
– 2021 inhabitants: 19,740
#3. Jo Daviess County
– Complete small enterprise institutions: 663 (30.2 per 1,000 residents)
– Share of institutions which are small: 100.0%
– 2021 inhabitants: 21,932
#2. Effingham County
– Complete small enterprise institutions: 1,249 (36.2 per 1,000 residents)
– Share of institutions which are small: 99.8%
– 2021 inhabitants: 34,531
#1. DuPage County
– Complete small enterprise institutions: 33,970 (36.7 per 1,000 residents)
– Share of institutions which are small: 99.7%
– 2021 inhabitants: 926,448
This story initially appeared on altLINE and was produced and distributed in partnership with Stacker Studio.
