So I guess we rank #1 in Small Business . . . compared to who?
Sioux Falls has been named the nation’s top city for small businesses, according to a ranking from the website B2B Reviews.
But this part really made me scratch my head;
Mean hourly wage: $27.02
Now that is medium, so basically taking the wages of ALL employees at a small business including management and owners and coming up with an average. The average worker in small businesses in Sioux Falls probably make around $18-$20 if they are lucky.
$27.02 is the mean hourly wage for workers in the Sioux Falls, South Dakota metropolitan area, as of May 2023. This is lower than the national average of $31.48.
These reports never make much sense to me.