Irvine is California’s Best Place to Start a Business – Orange County Register

Survey Says looks at various rankings and scorecards that assess geographic locations and finds that these ratings are best viewed as a mix of art and data science.

To hum: Irvine is California’s Best Big City to Start a Business.

Source: WalletHub reviewed 21 economic and demographic metrics for 100 major US cities and compiled an overall national ranking based on the business environment in each locale, access to resources, and business costs.

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This is how the 17 California cities performed in the 100-city scorecard, sorted according to their national ranking …

1. Irvine: No. 20 overall – out of No. 6 area; # 1 resources; and No. 97 in cost.

2. Long Beach: # 26 overall – from area # 14; No. 32 resources; and no. 82 at cost.

3. Fresno: No. 27 overall – from No. 47 area; No. 56 Resources; and no. 35 in cost.

4. Oakland: No. 30 overall – out of No. 8 area; No. 7 resources; and No. 92 at cost.

5. Stockton: No. 32 overall – out of No. 57 area; No. 21 Resources; and No. 48 at cost.

6. Los Angeles: # 35 overall – out of # 15 neighborhood; No. 29 Resources; and No. 85 at cost.

7. San Diego: No. 39 overall – out of No. 12 neighborhood; No. 31 Resources; and No. 89 in cost.

8. San Francisco: # 42 overall – out of # 1 neighborhood; No. 6 resources; and number 100 in cost.

9. Sacramento: No. 49 overall – out of No. 36 neighborhood; No. 71 Resources; and No. 66 at cost.

10. San Bernardino: No. 52 overall – from area No. 53; No. 85 Resources; and No. 28 in cost.

11. Riverside: No. 63 overall – from No. 49 surrounding area; No. 69 Resources; and no. 73 at cost.

12. Santa Ana: # 68 overall – out of # 21 surroundings; No. 95 Resources; and No. 81 at cost.

13. Chula Vista: No. 71 overall – from area No. 22; No. 77 Resources; and No. 88 at cost.

14. Bakersfield: No. 75 overall – from No. 59 area; No. 90 Resources; and no. 59 at cost.

15. Anaheim: # 76 overall – out of # 27 neighborhood; No. 88 Resources; and No. 84 in Cost.

16. San Jose: No. 80 overall – out of No. 34 neighborhood; No. 12 Resources; and No. 98 at cost.

17. Fremont: No. 84 overall – out of No. 19 surroundings; No. 50 resources; and no. 99 in cost.

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Nationally, this scorecard is heavily influenced by low costs, with 25% of the score tied to local business costs – not a California strength.

The state’s 17 cities surveyed averaged a 77th place out of 100 for cost versus 28 for business environment and 48 for resources. May I say you might get what you pay for?

Bottom line

California looks mid-field at best when it comes to states with three or more cities on this US scorecard, listed in order of average rankings …

1. North Carolina: Five cities with an average ranking of 15; with three in the top 20: Durham (2); Charlotte (6); and Raleigh (7).

2. Colorado: 3 cities with 24 average rank; 1 in the top 20: Colorado Springs (16).

3. Florida: 6 cities with 24 average rank; 4 in the top 20: Orlando (4); Tampa (10); St. Petersburg (12); and Jacksonville (17).

4. Texas: 13 cities with 34 average rank; 5 in the top 20: Laredo (1); Lubbock (3); Austin (8); Fort Worth (9); and Dallas (14).

5. Nevada: 4 cities with 44 average rank; 1 in the top 20: Reno (13).

6. Arizona: 7 cities with 48 average rank; none in the top 20.

7. California: 17 cities with 51 average rank; 1 in the top 20: Irvine (20).

8. Virginia: 3 cities with 79 average rank; none in the top 20.

9. Ohio: 4 cities with 83 average rank; none in the top 20.

Quotable

“My friends in California pay about $ 800 for a business license. I’ll pay $ 50 in Virginia, ”says Professor Jack Yoest of the Catholic University of America. “CEOs tell me there is nowhere they will be investing where they cannot predict the cost of doing business. Which states are likely to raise taxes or mandate the expenses a company will pay? Which states are low taxes and low burdens? This is business, not politics. “

Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at [email protected]

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