The Hispanic and Latino community isn't just growing in population and increasing its buying power in the U.S. Its members are also rapidly creating businesses, and a new report finds that Fort Worth offers some of the best conditions for these enterprises to thrive.
Fort Worth ranks No. 14 nationwide on WalletHub's list of best cities for Hispanic entrepreneurs for 2019. The personal finance site compared more than 180 cities by Hispanic-business friendliness and Hispanic purchasing power, among other metrics, for the report.
The city earns a total score of 55.35, coming in at No. 29 in Hispanic-business friendliness and No. 14 in purchasing power.
Numerous Texas cities are at the top of the list, including Laredo, which ranks No. 1 overall with a total score of 64.69 and takes the No. 2 spot in Hispanic-business friendliness and No. 10 spot in purchasing power.
Also in the top 20 are Corpus Christi (3), San Antonio (5), El Paso (9), Grand Prairie (11), Amarillo (12), Brownsville (13), Austin (17), and Irving (20). Houston comes in at No. 27, and Dallas is right behind at No. 28.