New report from PenFed . Foundation Lists the Best Cities in 2021 for Seasoned Entrepreneurs ranks Milwaukee-Waukeesha-West Alice 19th out of 390 metropolitan areas analyzed. Madison was ranked 17th.
The organization used data from a series of government databases, census information, data from the National Association of Veterans Service Organizations and the VA, and additional statistics from private institutions.
PenFed evaluated each of the 390 metropolitan areas across four categories: liveability, a growing economy, support for veterans and the ability to start a business. There are 10-15 weighted categories within each factor.
“Thanks to the hard work of our public and private sector partners, Wisconsin stands out as a leading state for veterans to start and grow their businesses,” he said. Saul Newton, President and CEO of the Wisconsin Veterans’ Chamber of Commerce. “We know that when veterans succeed, Wisconsin succeeds. Attracting more veteran entrepreneurs to call home in Wisconsin benefits everyone, and we are proud to see our state’s investment in veteran business owners pay off.”
The Milwaukee-Waukesha-West Allis metro areas ranked fourth overall for their livability. This is the strongest class in the region. The livability category includes having a relatively inexpensive cost of living, an increase in the standard of living year by year, and access to nearby and affordable child care and school systems.
The report showed that, while Milwaukee was among the best cities in the living category for the second year, it showed that Milwaukee slipped four places and Madison slipped nine places compared to the overall rankings for 2020. However, Wisconsin was one of only four states in the country to have more than one city. Recognized. The PenFed 2020 report also listed the Milwaukee-Waukesha-West Allis metro area as one of five emerging cities for veteran entrepreneurs.