Springs lands among top cities for female entrepreneurs

178406673In a recent report by financial planning firm NerdWallet, Colorado Springs was included among the top 20 cities for female entrepreneurs.

Colorado Springs came in at number 18 — ahead of Albuquerque and just behind Baltimore — according to a NerdWallet news release. The report’s results were derived from U.S. Census and Bureau of Labor Statistics data.

The report shows that Colorado Springs has:

  • 10.9 businesses per 100 residents;
  • 31.5 percent of businesses that are women-owned;
  • $36,698 median earnings for female full-time workers;
  • 35.7 percent of residents 25 or older with bachelors degrees or higher;
  • and a 7.2-percent unemployment rate.

The city’s final weighted score, according to the report, was 40.82.

According to the National Association of Women Business Owners, the number of women-owned U.S. businesses has increased by 59 percent between 1997 and 2013, the release said.

Denver also made the list at number seven, falling directly behind Atlanta and ahead of Austin, Texas.