St. Pete named one of the top 5 best cities in America to start a business

Business environment, business costs, and access to resources add up to top score

In WalletHub’s 2026 ranking of the best large cities in America to start a business, St. Pete landed at #5 — backed by strong scores in business environment, business costs, and access to resources.

The study evaluated 100 cities across those three dimensions using 19 metrics drawn from sources including the U.S. Census Bureau, the Bureau of Labor Statistics, and the Kauffman Foundation. WalletHub placed St. Pete 10th in the nation for business environment, 29th for business costs, and 36th for access to resources out of 100 cities.

For a CEO considering where to relocate a company, those numbers reflect something more fundamental than startup appeal: a city where businesses operate efficiently and the conditions for long-term growth are already in place.

The metrics driving a strong business environment score — five-year survival rates, job growth, revenue trends, investor activity — are the same fundamentals that matter to an established company evaluating a new home base. Low operating costs and a growing workforce pipeline reduce overhead and expand hiring options.

St. Pete’s top-five finish suggests those fundamentals hold up well against the rest of the country.

Read the full WalletHub report here.

Thinking about making St. Pete your company’s next headquarters? Connect with the St. Pete EDC.

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Mike Swesey at St. Pete EDC

Mike Swesey

President & CEO

Contact for site selectors and companies considering relocation to or expansion in St. Pete

Samantha LoGrasso

Business Recruitment Manager

Contact for general inquiries and  initial exploration of St. Pete as a business location

Morgan Lazzara

Chief of Staff

Contact for CEO, Board, committees

Visit us in St. Pete

The St. Pete EDC is located at 111 2nd Ave NE, Ste. 610, St. Petersburg, FL 33701.  Parking is available in the Plaza LAZ lot located next to the building; use GPS for 221 1st St N, St. Petersburg, FL 33701, which is near the entrance located on 1st Street N. between 2nd and 3rd Avenues.  

Parking is $5/hour for the first 3 hours and $20 thereafter; it is a card payment facility only (no cash). Visitor parking is on the 1st and 4th floors; please note there is no handicapped access from the parking garage above the first floor. 

There is also surrounding street parking; pay with ParkMobile or in the Sundial Garage located 2 blocks away.

Connect to St. Pete

We’ll put you in touch with the people, places, and programs you need to explore St. Pete as a new location for your business.

General Inquiries

We've moved! The St. Pete EDC office is now at 111 2nd Ave NE, Ste 610, St Petersburg, FL 33701