The Places in America Where Small Businesses Are Thriving

Companies with fewer than 500 employees have created more than 70% of new jobs since 2019, according to the Treasury, and now account for 51% of private employment in America. We partnered with OnDeck to uncover the states with the highest percentage growth in the number of small businesses.

To do this, we analyzed the latest available Small Business Data from the U.S. Census across states, metropolitan areas and counties to identify the places across America with the highest % growth in small businesses by comparing the last two years available (2020 and 2021). In this data set, a small business is defined as a company with fewer than 500 employees.