Top 10 Cities for Older Entrepreneurs

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Thanks to its friendly tax structure and licensing rules, Portland, Ore. takes the top spot

October 29, 2015

Americans are living longer than ever. According to the Huffington Post, one in four people who reach 65 will live past 90. New data from Thumbtack found that many of these older Americans will want to pursue new passions.

“Rather than work for someone else, many boomers are embracing entrepreneurship, starting their own businesses,” the Huffington Post reports.

Sharing data collected by Thumbtack, which surveyed 1,000 responses from small business owners over the age of 65, The Huffington Post reports that Portland, Ore., is billed as the best city for older entrepreneurs.

The survey took into account tax structures, licensing rules, and the presence of helpful training and networking programs.

Also on the list, in no particular order, are Washington, D.C., Phoenix, Seattle, and Dallas.

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