According to the personal-finance website WalletHub, two in three small business owners said 2020 was their “hardest year ever.” Wallet Hubb just released its report on the 2021 best largest cities to start a business.
WalletHub compared 100 U.S. cities across 21 key indicators of startup viability. The data set ranges from the five-year business-survival rate to COVID-19 cases to office-space affordability.
Top five large cities to start a business
1. Laredo, TX
2. Durham, NC
3. Lubbock, TX
4. Orland, FL
5. Boise, ID
Colorado Springs was in the top 20 at No. 16
Denver just missed the top 20, coming in at No. 21.
The following stats are not quite as favorable to Colorado.
Also from WalletHub
There were more than 88,000 drug overdose deaths in 2020, up about 27% from the previous year. In an effort to help bring these numbers down, the government included $4 billion for substance use and mental health programs in the American Rescue Plan stimulus.
This WalletHub report compared the 50 states and the District of Columbia across 21 key metrics, ranging from arrest and overdose rates to opioid prescriptions and employee drug testing laws.
Of 51 states, Colorado came in at No.1 regarding the share of adults who couldn’t get treatment for illegal drug use in the last year.
No. 4 for the share of adults who used illegal drugs in the past month.
No. 5 for the share of teens who used illegal drugs in the past month.
No. 6 for the number of drug arrests on college campuses per 1,000 students.
And states with legal recreational marijuana don’t seem to matter so much. Colorado and Michigan were the only legal recreational marijuana states among the top 10 with the worst drug problems in the country. Oregon came in at No. 22; South Dakota was No. 41; California, No. 31.