A new report shows the most corporate, ambitious city in South Carolina.
Sharon McCutcheon via Unsplash
Charleston is South Carolina’s most ambitious business city, a new report shows.
The report identified business-conscious cities in the US and rated them on the ambition of their populations. Business experts from go.Verizon.com, an authorized partner of national telecommunications company Verizon, compiled the report.
While Charleston emerged as the most ambitious in South Carolina, it was ranked 20th among the most ambitious cities in every state. Burbank, CA. took the No. 1 ranking, while Providence, RI was at the bottom of the report.
To determine the most ambitious business cities in the US, the report examined several factors in cities with populations of 100,000 people or more, and weighted each using different variables.
Those variables included median income, unemployment rate, number of people with bachelor’s degrees or higher, number of business applications in the past year, and percentage of the population starting a new business in 2021. The data comes from the US Census Bureau.