St. Petersburg ranks high on ‘best cities for women entrepreneurs’ list
August 28, 2020 - St. Petersburg ranks No. 4 on a new list of best cities for women entrepreneurs. The list was compiled by Fundera, an online financial resource for small businesses, and based on factors such as the percent of self-employed women, the earnings gap between men and women business owners, housing costs and job growth. St. Petersburg is affordable because there is no state income tax, housing costs are low and the earnings gap is less than 10 percent, Fundera said. Women business owners in St. Petersburg earn 91 percent of their male counterparts and housing costs are 26.1 percent of earnings, according to Fundera. Seattle ranked No. 1 on the list, and overall Arizona and Florida are described as "very women entrepreneur friendly," while California cities are not kind to women entrepreneurs. See the full report here.