Blue Ash, OH (5/7/2015) – NerdWallet, a national consumer finance website, has conducted a study to find the best places in Ohio to start a business – and Blue Ash ranked first.
To determine this ranking, NerdWallet examined 228 communities with populations over 5,000 and with 500 or more businesses and analyzed the following factors:
- Business climate
- Average revenue of businesses
- Percentage of businesses with paid employees
- Businesses per 100 people
- Local economic health
- Median annual income
- Median monthly housing costs
- Unemployment rate
With the highest concentration of businesses relative to population in the state of Ohio (24.19 businesses per 100 residents), Blue Ash takes the top spot as the best place to start a business in the Buckeye State. The City of Blue Ash is 15 miles northeast of Cincinnati also has provided business opportunities for many well-known entrepreneurs — multinationals such as Coca-Cola, Johnson & Johnson and Toyota have operations in Blue Ash. See the full study here.