TOLEDO, Ohio — The Glass City is open for business. Toledo ranked 89th in top 100 "Best Large Cities to Start a Business," according to a WalletHub report.
In order to help aspiring entrepreneurs maximize their chances for long-term prosperity, WalletHub compared 100 U.S. cities across 21 key indicators of startup viability. The data set ranges from the five-year business survival rate to COVID-19 cases to office-space affordability.
Toledo scored high in business environment and access to resources making the city a great place to open shop. What made the Glass City stick out was the lowest average annual rent for office space at $11.93 per square foot; which is 6.7 times cheaper than in San Francisco, the city with the highest at $80.22 per square foot, according to WalletHub.
Other Ohio cities that made the list are:
67th – Columbus
82nd – Cincinnati
95th – Cleveland
Check out the full list here or WalletHub's interactive chart below.