Survey Finds City Better In Terms Of Education, Worse On Taxation
According to a new WalletHub survey, “2015’s Best & Worst Large Cities to Live In”, Atlanta was 27th out of 60 large US cities. Data was examined from a variety of sources for all US cities with at least 300,000 residents “across four key dimensions” – livability, education, health, and local economy and taxes. WalletHub used “31 relevant metrics.” Although Atlanta scored 25th for livability, 12th for education, and 13th for health, the city’s overall score was severely hampered by its rank of 49th in local economy/taxes. Data in the education category included the education of the population as a whole as well as the quality of public school districts. Data in the local economy and taxes category included previous WalletHub surveys on energy expenses, ease of starting a business, taxation rates, and real estate costs, all of which combined to lower Atlanta’s ranking. In addition to WalletHub’s own surveys, data came from diverse sources including the FBI, CDC, US Census Bureau, the Council for Community and Economic Research, and Yelp.
What This Means For Small Businesses
Atlanta’s small business community wants signals that the city is continuing to increase its efforts to become more business-friendly. The latest ranking is just one survey, but it includes diverse metrics that paint a mixed portrait of Atlanta. On the one hand, small businesses can count on a highly-educated, healthy labor pool. On the other, they face some of the most burdensome tax restrictions. Atlanta has work to do to create a more business-friendly community.
GeekWire also covered the story, with a particular focus on Seattle, the city with WalletHub’s top ranking.
Note: this article is intended to keep small business owners up on the latest news. It does not necessarily represent the policy stances of NFIB.