The City of Globe and the Southern Gila County Economic Development Corporation are proud to announce that online financial advice service, NerdWallet, has placed Globe within the top 10 places to start a business in Arizona. NerdWallet analyzed 65 places in Arizona, each with at least 500 businesses and a population of at least 5,000. Globe was ranked number 6 based on a scoring system that looked at population, number of businesses, average revenue per business, businesses with paid employees, businesses per 100 people, and unemployment rate. NerdWallet also touted Globe’s relatively low cost of living as a powerful economic draw to the area. Globe beat out many larger cities like Phoenix, Mesa, and Tucson.
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