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The Rising Trend of Small Businesses in the U.S.

In 2021, the IRS reported a record-breaking 5.4 million business applications, marking a significant increase from previous years. This surge in new businesses has led to small businesses employing nearly half of the nation’s workforce, as highlighted in a recent Chamber of Commerce report.

With the landscape of small businesses evolving rapidly, it’s essential to consider the regional differences that impact business growth. The Midwest has emerged as the most business-friendly region, offering advantages like a lower cost of living, a highly educated workforce, and regulatory policies that support businesses by reducing taxes and easing zoning restrictions.

While regions like the East and West coasts boast their own unique appeal—ranging from tech hubs like Silicon Valley to entertainment industry hubs like Hollywood and financial centers like New York—it’s important to note that certain states, such as Delaware, Wyoming, and Nevada, offer innovative business incorporation options that don’t require physical presence.

For a more granular understanding of small business concentrations, it’s valuable to analyze data at the county level. By utilizing Census Bureau data, altLINE identified the counties in Massachusetts with the highest density of small businesses in 2021, defined as businesses with fewer than 500 employees per 1,000 residents.

A key consideration in interpreting this data is the impact of nonresident business incorporations on small business ratios. States that allow nonresidents to establish businesses within their borders tend to have higher proportions of small businesses relative to their resident population.

Examining the top counties in each state sheds light on interesting trends, with popular tourist destinations often featuring prominently on the lists. This suggests that small businesses catering to tourists, such as restaurants, bakeries, and boutiques, play a significant role in local economies.

While major cities are represented among the top counties, rural areas with smaller towns often demonstrate greater stability in their small business environments. Factors like local loyalty and reduced competition from large corporations contribute to the resilience of small businesses in these areas.

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Discover the counties in Massachusetts with the highest concentration of small businesses and explore how this data compares across all 50 states to gain inspiration for your next entrepreneurial venture.

This article includes data compiled by Paxtyn Merten and written by Annalise Mantz, part of a series employing data automation across all 50 states.

Exploring the Top Small Business Counties in Massachusetts

#14. Hampden County

– Total small business establishments: 9,272 (20.0 per 1,000 residents)
– Share of establishments that are small: 99.8%
– 2021 population: 462,849

#13. Hampshire County

– Total small business establishments: 3,429 (21.0 per 1,000 residents)
– Share of establishments that are small: 99.8%
– 2021 population: 163,088

#12. Worcester County

– Total small business establishments: 18,507 (21.5 per 1,000 residents)
– Share of establishments that are small: 99.7%
– 2021 population: 862,132

#11. Franklin County

– Total small business establishments: 1,534 (21.6 per 1,000 residents)
– Share of establishments that are small: 99.9%
– 2021 population: 70,943

#10. Bristol County

– Total small business establishments: 12,884 (22.2 per 1,000 residents)
– Share of establishments that are small: 99.8%
– 2021 population: 579,895

#9. Essex County

– Total small business establishments: 19,342 (24.0 per 1,000 residents)
– Share of establishments that are small: 99.8%
– 2021 population: 807,485

#8. Plymouth County

– Total small business establishments: 12,935 (24.3 per 1,000 residents)
– Share of establishments that are small: 99.9%
– 2021 population: 532,919

#7. Middlesex County

– Total small business establishments: 44,134 (27.3 per 1,000 residents)
– Share of establishments that are small: 99.6%
– 2021 population: 1,617,099

#6. Norfolk County

– Total small business establishments: 20,217 (27.9 per 1,000 residents)
– Share of establishments that are small: 99.8%
– 2021 population: 724,692

#5. Suffolk County

– Total small business establishments: 21,681 (28.1 per 1,000 residents)
– Share of establishments that are small: 99.4%
– 2021 population: 771,765

#4. Berkshire County

– Total small business establishments: 3,736 (29.1 per 1,000 residents)
– Share of establishments that are small: 99.9%
– 2021 population: 128,621

#3. Barnstable County

– Total small business establishments: 8,651 (37.2 per 1,000 residents)
– Share of establishments that are small: 100.0%
– 2021 population: 232,594

#2. Dukes County

– Total small business establishments: 1,173 (55.6 per 1,000 residents)
– Share of establishments that are small: 99.9%
– 2021 population: 21,109

#1. Nantucket

– Total small business establishments: 1,195 (82.4 per 1,000 residents)
– Share of establishments that are small: 99.7%
– 2021 population: 14,499

This article was originally published on altLINE and developed in collaboration with Stacker Studio.

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