North Chicago Named Top Small City for Entrepreneurship Second Time in 10 Years

In a recent study conducted by WalletHub, North Chicago has been recognized as one of the top small cities in the United States for entrepreneurship, marking the city's second inclusion in this esteemed list within the past decade. The study, called the 2024 study, examined various small cities across the country to determine their suitability for starting a business.

North Chicago, a city with a population range of 25,000 to 100,000, emerged as a frontrunner in Illinois, with only Hanover Park ranking higher in the state. City officials attribute their success to a well-developed commercial landscape, combined with ample opportunities for growth.

Hailing the benefits of being a smaller city while having proximity to larger urban centers and neighboring suburbs, North Chicago presents a favorable environment for entrepreneurs. The study by WalletHub analyzed three key dimensions: business environment, access to resources, and business costs.

Mayor Leon Rockingham emphasized the importance of fostering a positive business climate, stating that creating an atmosphere conducive to new businesses requires a deliberate approach to meet the needs of small enterprises. The city's strategy has yielded positive results, with an increasing interest from businesses keen on establishing a presence in North Chicago.

City officials proudly mentioned the recent plans announced by Diveheart, a nonprofit organization with a vision of constructing the world's deepest therapy pool in North Chicago. This development further solidifies the city's reputation as a hub for innovative ventures and entrepreneurial endeavors.

North Chicago's ranking as a top small city for entrepreneurship is a testament to the city's commitment to providing a supportive and thriving business environment. As the city continues to attract businesses and foster growth, it solidifies its position as a prime destination for ambitious entrepreneurs seeking to establish successful ventures.