If you are looking into side hustles to make money outside of your primary job, there are many tried-and-true ways like freelancing, selling handmade crafts, starting a blog, or driving for ride-share services. One thing you can do to set yourself up for success is to surround yourself with like-minded people and community.
If you don’t live in one of the best places for side hustlers, that’s something you can surely change! Based on research by LLC.org, here is a list of seven U.S. cities that offer the most opportunities for side hustlers.
Salt Lake City, Utah
With a supportive entrepreneurial community, a diverse and growing economy, a low-income tax rate (4.95%), and a low unemployment rate (2.1%), it is no wonder why the city is rated highly as one of the best cities to start a small business or a side hustle. Also, the cost of living is relatively reasonable compared to other metropolitan areas.
Phoenix, Arizona
Thanks to low taxes (4.5%) and fewer regulatory burdens, the Metro Phoenix area has seen explosive growth in entrepreneurial activities like networking events, co-working spaces, and incubators. These resources can help side hustlers connect, learn, and collaborate.
Austin, Texas
Coupled with its vibrant culture and tech scene, Austin also offers a diverse economy and a relatively low cost of living opportunities for budding entrepreneurs. What’s more, the state, in general, is known for its business-friendly policies, including no state income tax.
Seattle, Washington
Home to major companies like Amazon and Microsoft, Seattle offers diverse opportunities and a great environment for side hustle success. Plus, Washington is another state with no income tax. Side hustlers can tap into ample opportunities for mentorship and networking to start and grow their side hustles.
Portland, Oregon
With a creative culture, supportive environment, and diverse job opportunities, Portland is a great place for people looking to start their side businesses or offer freelance services. The state as a whole is friendly to businesses with LLC Filing Fee is only $100 and no annual fee. Side hustlers here can easily leverage local events, markets, and festivals to grow their business.
Raleigh, North Carolina
Known as the Research Triangle, Raleigh is a hub for technology, healthcare, and research institutions. The city’s vibrant startup ecosystem has made it an attractive destination for side hustlers seeking career growth. On top of that, the state has a flat state income tax rate of 4.99% — ideal for budding entrepreneurs setting up and expanding a side business.
Denver, Colorado
With various opportunities across different industries like technology, healthcare, and energy, Denver is considered a highly favorable location for side hustlers. Although the average living cost is high, the other facilities are helpful for side hustlers, which include a 4.40 percent corporate income tax rate and a flat fee of $50 for LLC filing.
