New business applications per 1,000: U.S. states ranked (2025)
Measure: New business applications per 1,000 residents (derived). All 50 states and District of Columbia with data in New business applications by state, 2025, ranked from highest to lowest. Reference period: 2025.
National value: 16.6 (United States).
- Lowest: 9.3 to 12.3
- Group 2: 12.3 to 13.9
- Group 3: 13.9 to 16.2
- Group 4: 16.2 to 17.8
- Highest: 17.8 to 134.2
Rank is derived by Quadranac: 1 = highest value; ties share a rank. The ranked value is itself derived; see the source table for the method. Values are as published in the source table.
Note: Wyoming and Delaware draw many applications from out-of-state owners because of their incorporation rules.
| 1 | Wyoming | 134.2 |
|---|---|---|
| 2 | Delaware | 56.7 |
| 3 | Florida | 27.6 |
| 4 | Montana | 26.1 |
| 5 | Colorado | 23.9 |
| 6 | Georgia | 22.5 |
| 7 | District of Columbia | 21.5 |
| 8 | Utah | 20.6 |
| 9 | Nevada | 19.7 |
| 10 | New Mexico | 19.2 |
| 11 | Arizona | 17.8 |
| 11 | Mississippi | 17.8 |
| 11 | Washington | 17.8 |
| 14 | Texas | 17.2 |
| 15 | New Jersey | 16.9 |
| 15 | South Carolina | 16.9 |
| 17 | Idaho | 16.4 |
| 17 | Louisiana | 16.4 |
| 19 | North Carolina | 16.3 |
| 20 | Maryland | 16.2 |
| 20 | Missouri | 16.2 |
| 22 | Virginia | 15.6 |
| 23 | New York | 15.1 |
| 24 | Michigan | 15 |
| 25 | Illinois | 14.9 |
| 26 | Oregon | 14.7 |
| 27 | Alaska | 14.3 |
| 28 | California | 14.1 |
| 28 | Ohio | 14.1 |
| 28 | Tennessee | 14.1 |
| 31 | Kentucky | 13.9 |
| 32 | Oklahoma | 13.8 |
| 33 | Hawaii | 13.7 |
| 34 | Alabama | 13.6 |
| 35 | Connecticut | 13.5 |
| 36 | Indiana | 12.9 |
| 36 | South Dakota | 12.9 |
| 38 | Arkansas | 12.7 |
| 38 | Minnesota | 12.7 |
| 40 | Kansas | 12.6 |
| 41 | Pennsylvania | 12.3 |
| 42 | New Hampshire | 12 |
| 42 | Wisconsin | 12 |
| 44 | Vermont | 11.8 |
| 45 | Nebraska | 11.3 |
| 46 | Massachusetts | 11.1 |
| 46 | North Dakota | 11.1 |
| 48 | Iowa | 10.8 |
| 49 | Rhode Island | 10.6 |
| 50 | Maine | 10 |
| 51 | West Virginia | 9.3 |
Source: U.S. Census Bureau, Business Formation Statistics, Business Formation Statistics, monthly state data (bfs_monthly.csv), series BA_BA and BA_HBA, not seasonally adjusted, 2025
Source: U.S. Census Bureau, Population Estimates Program, July 1, 2025 resident population (denominator). Reference period: 2025.
Cite this ranking
U.S. states ranked by new business applications per 1,000 residents (derived) (2025). Data: U.S. Census Bureau, Business Formation Statistics, Business Formation Statistics, monthly state data (bfs_monthly.csv), series BA_BA and BA_HBA, not seasonally adjusted, 2025; rank derived by Quadranac. Data last updated 2026-11-09. https://quadranac.com/rankings/us-states-by-new-business-applications-per-1000-residents/