15 Cities With the Most Self-Employed Staff

0
4


baranq / Shutterstock.com

Editor’s Notice: This story initially appeared on Self.

Previous to the pandemic, self-employment was on the decline and had been falling since 2004. When the financial shutdown occurred within the spring of 2020, nearly 22 million workers misplaced their jobs and the self-employment fee rose to 10.5%.

The next 12 months, employees started quitting their jobs on the highest charges because the Nice Recession, and consequently, the self-employment fee held regular as a few of these employees sought to start out companies.

Whereas some industries and occupations have a lot increased charges of self-employment, all trade sectors noticed will increase of their self-employment charges in comparison with pre-pandemic ranges.

Manufacturing has the smallest self-employment fee, however noticed the biggest improve in whole self-employed employees at 13.3%. Equally, the finance trade noticed a 7.0% improve within the whole variety of self-employed employees.

These trade variations in self-employment additionally create regional variations.

To search out the metropolitan areas with essentially the most self-employed employees, researchers on behalf of Self Monetary analyzed the newest knowledge from the U.S. Census Bureau. Discover particulars on our methodology on the finish.

Listed below are the U.S. metropolitan areas with essentially the most self-employed employees.

15. Houston-The Woodlands-Sugar Land, TX

Houston, Texas
Nate Hovee / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.4%
  • Whole self-employed employees: 350,713
  • Median revenue for full-time self-employed employees: $50,000
  • Median revenue for all full-time employees: $50,000
  • Inhabitants: 7,206,841

14. San Antonio-New Braunfels, TX

San Antonio, Texas outdoors
Sean Pavone / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.5%
  • Whole self-employed employees: 126,262
  • Median revenue for full-time self-employed employees: $45,000
  • Median revenue for all full-time employees: $45,000
  • Inhabitants: 2,601,788

13. Oklahoma Metropolis, OK

Oklahoma City skyline
Natalia Bratslavsky / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.6%
  • Whole self-employed employees: 72,666
  • Median revenue for full-time self-employed employees: $40,000
  • Median revenue for all full-time employees: $45,000
  • Inhabitants: 1,441,647

12. Atlanta-Sandy Springs-Alpharetta, GA

Atlanta, Georgia
Sean Pavone / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.6%
  • Whole self-employed employees: 323,989
  • Median revenue for full-time self-employed employees: $50,000
  • Median revenue for all full-time employees: $54,000
  • Inhabitants: 6,144,050

11. Portland-Vancouver-Hillsboro, OR-WA

Portland skyline
Jon Bilous / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.9%
  • Whole self-employed employees: 137,893
  • Median revenue for full-time self-employed employees: $59,000
  • Median revenue for all full-time employees: $60,000
  • Inhabitants: 2,511,612

10. Denver-Aurora-Lakewood, CO

Denver Colorado
Kevin Ruck / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.9%
  • Whole self-employed employees: 177,204
  • Median revenue for full-time self-employed employees: $62,000
  • Median revenue for all full-time employees: $60,000
  • Inhabitants: 2,972,566

9. San Francisco-Oakland-Berkeley, CA

San Francisco neighborhood.
Bertl123 / Shutterstock.com
  • Proportion of employees who’re self-employed: 10.9%
  • Whole self-employed employees: 256,567
  • Median revenue for full-time self-employed employees: $70,000
  • Median revenue for all full-time employees: $82,000
  • Inhabitants: 4,623,264

8. New Orleans-Metairie, LA

New Orleans Louisiana
Tim Roberts Images / Shutterstock.com
  • Proportion of employees who’re self-employed: 11.0%
  • Whole self-employed employees: 62,112
  • Median revenue for full-time self-employed employees: $48,000
  • Median revenue for all full-time employees: $50,000
  • Inhabitants: 1,261,726

7. San Diego-Chula Vista-Carlsbad, CA

San Diego cityscape
Sean Pavone / Shutterstock.com
  • Proportion of employees who’re self-employed: 11.0%
  • Whole self-employed employees: 169,080
  • Median revenue for full-time self-employed employees: $52,000
  • Median revenue for all full-time employees: $59,000
  • Inhabitants: 3,286,069

6. Austin-Spherical Rock-Georgetown, TX

Austin, Texas waterscape
Silvio Ligutti / Shutterstock.com
  • Proportion of employees who’re self-employed: 11.2%
  • Whole self-employed employees: 142,711
  • Median revenue for full-time self-employed employees: $60,000
  • Median revenue for all full-time employees: $60,000
  • Inhabitants: 2,352,426

5. Orlando-Kissimmee-Sanford, FL

Orlando, Florida
songquan-deng / Shutterstock.com
  • Proportion of employees who’re self-employed: 11.2%
  • Whole self-employed employees: 145,480
  • Median revenue for full-time self-employed employees: $50,000
  • Median revenue for all full-time employees: $45,000
  • Inhabitants: 2,691,925

4. Tampa-St. Petersburg-Clearwater, FL

Tampa, Florida
kevin-j-king / Shutterstock.com
  • Proportion of employees who’re self-employed: 11.5%
  • Whole self-employed employees: 175,962
  • Median revenue for full-time self-employed employees: $50,000
  • Median revenue for all full-time employees: $48,000
  • Inhabitants: 3,219,514

3. Nashville-Davidson-Murfreesboro-Franklin, TN

Nashville, Tennessee
jdross75 / Shutterstock.com
  • Proportion of employees who’re self-employed: 11.6%
  • Whole self-employed employees: 120,898
  • Median revenue for full-time self-employed employees: $50,000
  • Median revenue for all full-time employees: $50,000
  • Inhabitants: 2,012,476

2. Los Angeles-Lengthy Seashore-Anaheim, CA

The streets of Los Angeles, where median rent is relatively low
Sean Pavone / Shutterstock.com
  • Proportion of employees who’re self-employed: 13.2%
  • Whole self-employed employees: 820,969
  • Median revenue for full-time self-employed employees: $50,000
  • Median revenue for all full-time employees: $53,000
  • Inhabitants: 12,997,353

1. Miami-Fort Lauderdale-Pompano Seashore, FL

Miami, Florida
GagliardiImages / Shutterstock.com
  • Proportion of employees who’re self-employed: 15.8%
  • Whole self-employed employees: 468,070
  • Median revenue for full-time self-employed employees: $40,000
  • Median revenue for all full-time employees: $44,200
  • Inhabitants: 6,091,747

Methodology

Woman looking at financial chart on tablet computer
Wright Studio / Shutterstock.com

To search out the metropolitan areas with essentially the most self-employed employees, researchers on behalf of Self Monetary analyzed the newest knowledge from the U.S. Census Bureau’s 2021 American Community Survey.

The researchers ranked metro areas in line with the share of employees who’re self-employed. Within the occasion of a tie, the metro with the bigger variety of self-employed employees was ranked increased.

Researchers additionally calculated the median revenue for full-time self-employed employees and the median revenue for all full-time employees utilizing knowledge from 2020, the newest out there.

To enhance relevance, solely metropolitan areas with at the least 100,000 folks had been included within the evaluation.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here