PSL ranks #8 best city for Hispanic entrepreneurs in 2025

Published on September 03, 2025

Source: WalletHub | Best Cities for Hispanic Entrepreneurs (2025)

Expect the Hispanic and Latino community’s contributions to the U.S. economy to be nothing short of monumental in the coming decades. Not only is this demographic expected to make up 28% of the U.S. population by 2060 — translating into large buying power. In addition, nearly one in four new businesses is Hispanic-owned.

The timing, therefore, could not be more appropriate for Hispanic entrepreneurs to make their business ideas a reality. But what places have the best conditions for a Hispanic-owned enterprise? To answer that question, WalletHub compared more than 180 U.S. cities across 23 key indicators of business friendliness toward Hispanic entrepreneurs. Our data set of 23 key metrics ranges from the Hispanic entrepreneurship rate to Hispanic income growth to the share of Hispanic-owned businesses.

• Port St. Lucie's overall rank: 8
• Total Score: 60.95
• Hispanic Business-Friendliness rank: 7
• Hispanic Purchasing Power rank: 70

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