Entrepreneur Magazine teamed up with GoodApril, a San Francisco-based tax-planning startup to find the best market for startups.
And….drum roll please…..Austin ranks as the best place in the nation to launch a startup.
Seattle claimed the second place, followed by Boulder, New York and Boston.
You can find the full report on Entrepreneur Magazine’s site along with an infographic comparing seven of the best markets in the U.S. to launch a startup.
The list ranks cities by the median tech paycheck, maximum personal income tax, property tax, cost of a house and cost of an office.
“San Francisco, the longtime Silicon Valley startup mecca, ranks as the worst place to launch, due to high costs and taxes, GoodApril found,” according to the report.