Four Upstate cities were named to the top 10 best places to start a business in South Carolina, according to rankings by NerdWallet.
Seneca took the top spot among cities in the state. Greenville was ranked second, and Greer and Mauldin were ranked fourth and 10th, respectively.
According to NerdWallet, “Of the places analyzed, Seneca has the highest percentage of businesses with paid employees. In addition, businesses in Seneca make $600,000 more than the average South Carolina business.”
The company looked at communities with populations over 7,000 and more than 500 businesses. NerdWallet evaluated percentage of businesses with paid employees, the number of businesses per 100 people, annual median income, annual median housing costs and unemployment rates for each community.
The company found that manufacturing makes up 42.3 percent of business revenue in the state, and Greenville County, which had three cities make the top 10, stands out as a county that has “taken action to boost local economies and the business climate.”
