An artsy scene and creative vibe is often the soul of a small town. Community theaters, art fairs, statues and street murals — a town proud of its art and artists is the type of place that people want to move to, or at the very least, visit on the weekends. Graphic Design Degree Hub has ranked Abingdon # 1 in their top 20 Most Creative Small Towns in America poll.
With plenty of incentives for both startups and existing businesses and a state corporate income tax rate among the lowest in the nation at 6%, Virginia’s business-friendly policies appear to be paying off.
To pinpoint where small business are thriving in Virginia, NerdWallet examined 112 communities with populations of at least 5,000.
Entrepreneurs looking to start a small business in Virginia will find resources in NerdWallet’s Small Business Guide. For financing, take a look at NerdWallet’s comparison of small-business loans for a variety of needs.