Two Wyoming Cities Rank High For Hispanic Entrepreneurs
Wyoming may not be known for a large, racially diverse population, but that may soon be changing. A recent study conducted by credit score website WalletHub, shows that two of the Cowboy State's finest landed in the top twenty on "2018's Best Cities For Hispanic Entrepreneurs".
Casper ranked number ten (10) and Cheyenne landed at number fifteen (15). According to the study, both cities scored extremely well in the two key metrics: Hispanic Business Friendliness and Hispanic Purchasing Power.
In order to compile the data, WalletHub compared 182 cities, including the 150 most populated U.S. cities, plus at least two of the most populated cities in each state.
A report from Geoscape suggests that by the year 2050, the Hispanic and Latino community are expected to make up more than 25% of the U.S. population, which translates into large buying power. It also stated that this group is also creating businesses at 15 times the national rate.