Worcester Ranked Among Worst Cities in America for Hispanic Entrepreneurs

by | May 1, 2019 | Headlines, Business, News, Worcester Ranks

WORCESTER – The City of Worcester has been ranked towards the bottom of U.S. cities offering entrepreneurial opportunities for the Hispanic community, according to a new report from the data experts at Wallethub.

The report — 2019’s Best & Worst Cities for Hispanic Entrepreneurs — ranks Worcester #175 out of 182 American cities studied in an attempt to find the best cities for a Hispanic-owned enterprise.

WalletHub compared the 182 cities across 24 key metrics ranges from Hispanic entrepreneurship rate to median annual income of Hispanics to share of Hispanics with at least a bachelor’s degree. 

In the categories of “Hispanic Business-Friendliness” and “Hispanic Purchasing Power,” Worcester ranked #153 and #174, respectively.

The most alarming note in the report regarding Worcester is the City’s bottom five ranking (#177) for lowest median annual income for Hispanics [adjusted for cost of living].

Even with Worcester’s poor ranking, the City does find itself ranked higher than other New England cities, including: New Haven (#179), Bridgeport (#180) and Providence (last on the list at #182).

To see how Worcester compares to other cities in New England and across the country, scroll the map below.

Source: WalletHub

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Patrick Sargent is the founder and lead reporter for ThisWeekinWorcester.com. He was born and raised on Grafton Hill and is a graduate of Holy Name high school and Worcester State University. Previous to starting TWIW, he worked as a contributing reporter for the Worcester Sun. Before that, over the course of several years, he had stints with GoLocalWorcester, Worcester Magazine, the Leominster Champion and Fitchburg Pride. He can be contacted at [email protected]