Chamber of Commerce ranks 2 N.J. cities in its ‘Best Small Cities for Business’ list

Chamber of announced Tuesday two New Jersey cities have landed on its list of the Best Small Cities for Business in America for 2019.

The ranking focused on “often-overlooked cities with modest populations,” it said, as they can be small business havens.

Out of 164 total cities, Ocean City ranked No. 119 and Vineland-Millville-Bridgeton ranked No. 151.

Here are the Top 10 small cities for businesses in 2019, according to Chamber of Commerce:

  1. Fargo, North Dakota;
  2. Billings, Montana;
  3. Columbus, Indiana;
  4. Bismarck, North Dakota;
  5. Rochester, Minnesota;
  6. La Crosse, Wisconsin;
  7. Midland, Texas;
  8. Lake Charles, Louisiana;
  9. Elkhart-Goshen, Indiana;
  10. Appleton, Wisconsin.

The list was created by leaving out all U.S. cities with populations above 250,000 and falling below 50,000. Next, it ranked the remaining cities by seven variables: regional price parities; job creation rates; per capita income; percentage of the youth population with a bachelor’s degree or above; the median earnings of 25+ year olds with a bachelor’s degree; unemployment rates; and total sales figures/number of firms. The variables were then averaged into one ranking.

To see the full report, click here.