Gainesville Among Best Places to Start a Business in Georgia

NerdWallet, a consumer finance website, has conducted a study to find the best places in Georgia to start a business – and Gainesville ranked 19th.

To determine this ranking, NerdWallet examined 126 places in Georgia 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

With a population of 34,429, Gainesville has 4,814 businesses maintaining impressive average revenue per business ($2,083,502). Over 32% of these businesses have paid employees, helping support a healthy business climate.

See the full study here.

Learn more about NerdWallet Small Business here.

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 home, saving for retirement and starting a small business.