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.
Follow us on The016.com, the social network for Worcester and you!
WORCESTER - Of all places, it was in the back of Table Talk Pies in Worcester that Ricky Nelson and Travis Duda came together in the fall of 2018 to create the emerging local podcast, SeltzerTime. The two recorded their first episode just a week after meeting with...
In today’s daily 5 Things You Need to Know feature, ThisWeekinWorcester.com explores five important items and stories that Worcester and Central Massachusetts residents should keep a close eye on.These five things can cover a whole range of subjects and issues that we...
Partly sunny skies are expected for Friday Afternoon with high temperatures near 45 Degrees. Friday Night will be cloudy with areas of fog. In addition, there is the possibility for some localized areas of freezing drizzle over the higher terrain of the Worcester...