Greater New Orleans is Ranked # 10 in the USA for Hispanic Entrepreneurs


Research and data website GoodCall has determined that the New Orleans MSA is the #10 Best Place in the USA for Hispanic entrepreneurs. Says the report: “The New Orleans-Metairie area ranked well for networking potential and economic health, contributing to its top 10 spot. The area has experienced positive GDP growth in recent years and, according to the most recent estimates, unemployment is lower for Hispanic workers than it is among all workers (6% versus 7%).”

The methodology of GoodCall included weighting: Business Climate, Economic Health, Networking Potential, Educational Values and Affordability.

The top ten metros for Hispanic entrepreneurs are:
1. Midland, TX
2. Washington, DC
3. Odessa, TX / Houston, TX
4. Austin, TX
5. Dallas, TX
6. Anchorage, AK
7. Casper, WY
8. Miami, FL
9. NYC, NY
10. New Orleans, LA
Rounding out our top 10? The home of the Big Easy, the New Orleans-Metairie, LA metropolitan area. This metropolitan area of more than 1 million people (5.02% Hispanic) is home to nearly 9,000 Hispanic-owned businesses – 7% of all the area’s businesses. The New Orleans-Metairie area ranked well for networking potential and economic health, contributing to its top 10 spot. The area has experienced positive GDP growth in recent years and, according to the most recent estimates, unemployment is lower for Hispanic workers than it is among all workers (6% versus 7%). What drives the New Orleans-Metairie area’s economy? The area is home to one of the world’s busiest ports, and the New Orleans metropolitan area is a major hub for maritime industry. Other major industries include oil refining and petrochemical production, higher education, health care, manufacturing and tourism.

You can read the full report here.