Yelp is launching a Local Economic Outlook to track areas in the country that are ripe for economic opportunity. Salt Lake City comes in at number 9.
That means there’s a good chance that businesses will stay open and that new businesses will thrive here.
Here are the top 10 cities for economic opportunity, according to Yelp.
- Charlotte, NC
- Jacksonville, FL
- Omaha, NE
- Orlando, FL
- Charleston, SC
- Las Vegas, NV
- Tampa, FL
- Dallas, TX
- Salt Lake City, UT
- Houston, TX
We talked with Roberta Reichgelt, Local Business & Entrepreneurship Manager and Annie Davis, Marketing & Research Manager with Salt Lake City.
They say there’s a lot going for Salt Lake right now, including a strong economy, lower cost of living, growing tech sector, quality of life and established and a growing art and entertainment scene.
Salt Lake City is the “Crossroads of the West”, and the city is strategically located. It is a Delta Hub, and has direct national and international flights. The city intersects with I-80 and I-15 and is a Union Pacific Rail intermodal hub.
In addition to the Yelp survey, Salt Lake City was ranked on several other surveys as well:
- 2017 – SLC #1 for Cities Poised to Become tomorrow’s tech meccas (Forbes)
- 2017 – SLC ranks #1 city for Millennial Home Buyers (realtor.com)
- 2017 – SLC #1 America’s Best Cities for Young Professionals – Forbes
- 2017 – SLC #1 Economic Growth Potential – Business Facilities
- 2017 – SLC #1 Emerging cyber security hubs – Business Facilities
- 2017 – #1 Top 7 Cities competing with silicon valley for tech entrepreneurs
- 2017 – SLC #6 for best job markets for new college grads (ZipRecruiter 2017)
- 2017 – SLC #2 “Best Large Cities to Start a Business”
- 2017 – SLC #5 Employment leaders – Business Facilities.