A recent report by WalletHub has positioned Eagle Mountain, Utah, as the 12th best city in the nation to kickstart a business venture.

The study, which evaluated over 1,300 small cities across the United States with populations ranging from 25,000 to 100,000 residents, identified Eagle Mountain among the top 30 optimal locations for entrepreneurial endeavors.

“The results of this study coincide with what I have experienced in speaking with and hearing from several business owners who have big plans for the future, ” says Economic Development Director Evan Berrett.

WalletHub’s rankings were determined by assessing various factors crucial to business success, including recent rates of small business growth, commute times, average business revenue, office space costs, working-age population growth, and cost of living.

Utah claimed a significant presence in the list, with Eagle Mountain securing its place alongside other notable cities such as Cedar City, St. George, and Lehi.

“The even better news is that this is just the beginning,” says Berrett. “Helping our small businesses be seen, have affordable spaces to grow into, and streamlining or cutting back the red tape is incredibly important to us, and we have great plans in coordination with the Eagle Mountain Chamber of Commerce in the works.”

Eagle Mountain’s ranking as the 12th best city to launch a business highlights its favorable business climate and supportive community infrastructure.

The recognition of Eagle Mountain as a prime destination for budding entrepreneurs underscores the City’s commitment to supporting its businesses.