Are you an entrepreneur? Have you always wanted to start your own business? Do you have an interest in investment opportunities? If you answered yes to any of those questions, Downtown Princeton has great options for you!
In Downtown Princeton you will find a variety of locations, spaces, and sizes for launching your next great adventure. And Downtown Princeton, Inc. can direct you to the right people and resources to make your dream a reality.
Princeton was ranked #13 among the “Top 99 Best Places to Start a Business in Indiana” by San Francisco based Nerd Wallet, based on our city’s business climate and economic health. Princeton was found to be highly entrepreneurial with low housing costs and a low unemployment rate.
For more information on starting a business in Downtown Princeton contact:
Downtown Princeton, Inc. 812-385-1922
Gibson Co. Chamber of Commerce 812-385-2134
Gibson Co. Economic Development 812-386-0002
Princeton Named Among Best Places to Start a Business in Indiana
NerdWallet considers business climate and local economic health
San Francisco, CA (July 9, 2015) – NerdWallet, a consumer finance website, has conducted a study to find the best places in Indiana to start a business – and Princeton ranked thirteenth.
To determine this ranking, NerdWallet examined 99 places in Indiana with populations of 5,000 or more and analyzed the following factors:
- Average revenue of businesses
- Percentage of businesses with paid employees
- Businesses per 100 people
Local economic health
- Median annual income
- Median monthly housing costs
- Unemployment rate
Princeton ranks steadily across numerous factors examined in NerdWallet’s report. With a population of 8,620, the 882 businesses maintain average revenue per business of $630,088. Among the higher of the list, nearly 39% of these businesses have paid employees. There are also over ten businesses per 100 people in the city, contributing to a strong and stable business climate for Princeton. See the full study here.
NerdWallet is a personal finance site for consumers. Our data-driven tools and content enable consumers to make well-informed decisions across a broad range of financial topics, like buying a house, saving for retirement and starting a small business.
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