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The City of Austin is ranked number seven from the best cities in the country for the young entrepreneurs. This report came from Nerdwallet.com, a personal finance internet site.
Austin was recognized for its local resources for starting businesses, highly educated employees, low unemployment percentage and growing tech business environment. The report also indicated the very competitive cost of living in the area.
The number one city that is best suited for young entrepreneurs was Arlington in the state of Virginia. Their residents with ages 25 and above contribute the highest percentage of individuals with bachelor’s degree in the country.