These Are the Best States to Start a Side Hustle in the U.S. | Entrepreneur
source link: https://www.entrepreneur.com/starting-a-business/these-are-the-best-states-to-start-a-side-hustle-in-the-us/471116
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These Are the 10 Best States for Starting a Side Hustle, New Research Reveals One side hustle might not be as lucrative as another — and location matters.
By Amanda Breen • Mar 27, 2024
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Key Takeaways
- These days, there's no shortage of flexible, creative ways to supplement your income.
- New research from business consulting firm Venture Smarter determines the most and least expensive states to start.
Fifty percent of Americans have a side hustle — even if they earn $100,000 a year, according to a 2023 survey from personal finance resource GoBankingRates.
These days, there's no shortage of flexible, creative ways to supplement your income, from building a consulting agency around your talents to jumping on the growing vending machine trend. Make the right moves, and you might even see your side hustle turn into a full-time business worth seven or eight figures.
Related: How to Turn Your Side Hustle Into a Full Business While Working a 9-to-5, From 3 Founders Who Did It
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