Hispanic entrepreneurs do best in Texas

San Diego ranked 108 out of 150; Oceanside and Chula Vista also do poorly

A study by WalletHub, which prepares statistics on cities, metro areas, and states, indicates that San Diego and its nearby cities are not particularly good places for Hispanic entrepreneurs.

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Cities were ranked on two metrics: Hispanic business-friendliness, such as percentage of businesses owned by Hispanics, five-year survival rate of business, startups per capita, small business loans, and average office rent; and, Hispanic purchasing power, including affordability, Hispanic unemployment, and percentage of Hispanics with at least a bachelor's degree.

Out of 150 cities, San Diego ranked 108. Oceanside ranked 92nd and Chula Vista 69th. The three highest-ranking cities were all in Texas: Laredo, El Paso, and Corpus Christi.

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