2020 Top States for Doing Business Showcase Their Pro-Business Environments
23 Oct 2020
News
It would be easy to look at current economic statistics and conclude that we may as well remove words such as “business growth” and “expansion” from our collective vocabularies for the time being. On a macro level, the economy is anything but healthy, thanks to the coronavirus. And yet there are plenty of individual businesses that continue to expand or relocate to desirable places.
The question of which states are the best for doing business is as valid a question as ever. Our roster of location experts knows the answers, from years of experience helping to guide site decisions and negotiate favorable deals. As we do each year, Area Development surveyed them about the specific location considerations that matter most in corporate decision-making, and which states stand out in each of those categories.
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The Next Recovery: Regional Leaders & Laggards
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The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.