Top 50 Cities for Baby Boomer Entrepreneurs
smallbiztrends | October 22, 2018
There are 10,000 baby boomers turning 65 every day in the US, but that doesn’t mean they are all retiring. For those boomers with the entrepreneurial spirit, Lending Tree has identified the best places in the 50 largest metropolitan areas in the country especially suited for this demographic. Lending Tree generated a score for each city based on both average (mean) and median business incomes and percentage of new businesses founded by boomers.For the record, as it relates to this research, a baby boomer entrepreneur is someone born between 1946 and 1964 reporting they are self-employed and actively engaged in the workforce in 2016. And in the vast majority of cases, these are small business owners.