Top 6 US Cities for Young Entrepreneurs Austin is No. 1 By Jenn Gidman, Newser Staff Posted Jul 22, 2016 11:22 AM CDT 23 comments Comments Texas is apparently welcoming to young entrepreneurs. (Shutterstock) (Newser) – Some cities are better than others when it comes to offering opportunities to young entrepreneurs. MoneyRates.com has ranked the best ones based on population growth, educational level, taxes, and how many of these workers are already bringing home a nice paycheck. The Lone Star State gets more than one star for dominating the top six, listed below: Austin/Round Rock, Texas Raleigh, NC Midland, Texas Houston/the Woodlands/Sugar Land, Texas Crestview/Fort Walton Beach/Destin, Fla. (tie) Odessa, Texas (tie) See the entire MoneyRates.com list here.