Wyoming is reportedly popular with small businesses thanks to lower tax expectations
A college diploma is not required to start a small business. Perhaps this is why, despite scoring lower than the majority of US states on this list, Wyoming is so popular with young entrepreneurs. While the 10.4% of advanced degree holders make this one of the least educated states in the US, business is flourishing. The absence of corporation and personal income taxes appears to be a major lure for those tiny firms. The fact that the property tax rate is reputedly the ninth lowest helps a lot as well. Despite this, Wyoming’s low population and even lower number of persons with advanced degrees means that only 60,000 people have one.
Wyoming Is Reportedly Popular With Small Businesses Thanks To Lower Tax Expectations
Montana’s institutions have research facilities that can help the agricultural business
- Population: 1,084,225
- Percentage holding advanced degrees: 10.5%
- Median household income: $55,328
While the state may not have a high demand for higher degrees, Montana nevertheless has a lot to offer students. There are roughly a dozen higher education institutions in the area, with Montana State University reportedly being the best of the group. While it ranks 263rd on US News’ ranking, it is said to have a plethora of unique research facilities. As one might expect from a state that values agriculture, these facilities are centered on the industry. They include the Plant Growth Center and the Center for Bison and Wildlife Health, among others. While advanced degrees aren’t necessarily required in Montana, possessing one in this sector can still assist push the industry ahead.
Montana’s institutions have research facilities that can help the agricultural business
