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The nation’s capital reportedly led the pack this 12 months amongst American cities the place veteran entrepreneurs have been most definitely to thrive.
Washington, D.C., was ranked as the most effective giant U.S. metropolis for veterans to start out a enterprise in 2025, adopted by Raleigh, North Carolina; Tampa, Florida; Austin, Texas; and Dallas, Texas, based on a brand new examine from the PenFed Basis for Army Heroes, a nationwide nonprofit centered on serving to veterans transition from service to civilian life.
“Our nation’s veterans convey management, self-discipline, and an unwavering dedication to each problem they tackle,” Andrea McCarren, president of the PenFed Basis for Army Heroes, mentioned in a press release. “Those self same qualities make them distinctive entrepreneurs. This examine shines a highlight on the cities which might be creating actual alternatives for veterans to thrive as enterprise homeowners.”
Cheyenne, Wyoming, was ranked as the highest small U.S. metropolis for veterans, based on the examine.
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FILE PHOTO: A soldier and businessman are pictured shaking arms. The U.S. is dwelling to 2.5 million veteran-owned companies, which collectively generate greater than $1 trillion in annual income and make use of 6 million individuals. (iStock / iStock)
High 10 giant cities for veteran entrepreneurs
- Washington–Arlington–Alexandria, DC–VA–MD–WV
- Raleigh–Cary, North Carolina
- Tampa–St. Petersburg–Clearwater, Florida
- Austin–Spherical Rock–San Marcos, Texas
- Dallas–Fort Value–Arlington, Texas
- Seattle–Tacoma–Bellevue, Washington
- San Antonio–New Braunfels, Texas
- Milwaukee–Waukesha, Wisconsin
- Cleveland, Ohio
- Denver–Aurora–Centennial, Colorado
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An aerial view of the Washington, D.C., skyline. Washington, D.C., was ranked as the most effective giant U.S. metropolis for veterans to start out a enterprise in 2025, based on a brand new examine from PenFed Basis for Army Heroes. (iStock / iStock)
High 10 small cities for veteran entrepreneurs
- Cheyenne, Wyoming
- Durham–Chapel Hill, North Carolina
- Sioux Falls, South Dakota–Minnesota
- Fast Metropolis, South Dakota
- Columbia, Missouri
- Grand Island, Nebraska
- Colorado Springs, Colorado
- Omaha, Nebraska–Iowa
- Fargo, North Dakota–Minnesota
- Fayetteville, North Carolina
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A view of Cheyenne, Wyoming, at night time. Cheyenne was ranked as the highest small metropolis for veteran entrepreneurs in 2025. (iStock / iStock)
The U.S. is dwelling to roughly 2.5 million veteran-owned companies, which collectively generate greater than $1 trillion in annual income and make use of 6 million individuals, the nonprofit mentioned.
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The rankings have been compiled utilizing information from greater than 30 authorities and nonprofit sources, and a complete of 53 quantitative indicators have been analyzed throughout 387 metropolitan statistical areas, based on PenFed Basis for Army Heroes.
