Wyoming ranks as one of the best states for millennial business owners

In a 2020 study, Wyoming has ranked as one of the best states in the nation to live and work for millennial business owners.

Zippia ranked all 50 states on several categories including LLC fees, corporate tax, student loan debt and percentage of millennials living in the area.

The study ranked Wyoming as the 7th best state in the nation for millennial business owners. Missouri ranked number one, followed by Colorado, New Mexico, Utah, Montana and Arizona.

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Here’s what they found about Wyoming;

LLC Filing Fee: $100
LLC Annual Fee: $50
Bachelor’s Degree Percentage: 26.4%
Average Student Loan Debt: $26,374

The seventh-best state for millennial business owners is Wyoming. The best part of being a millennial here is that the average student loan debt is only $26,374. That’s the lowest in the nation!

For the full study from Zippia click here.

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