News Release from Smart Asset, January, 2022
A new study from SmartAsset, a financial technology company, reveals the places in each state with the strongest small business presence. The study weighs three factors: the percentage of people in a county with small business income, the proportion of that income to countywide small business income and taxes paid by small business owners.
According to the study, Maui County ranked as the top place in Hawaii for small business owners!
For a look at where other top counties in Hawaii ranked, check out the table below:
| Rank |
County, State |
Small Business Returns |
Small Business Income |
Income Taxes |
Small Business Index |
| 1 |
Maui, HI |
26.29% |
11.22% |
$10,440 |
36.96 |
| 2 |
Honolulu, HI |
25.77% |
8.76% |
$10,440 |
32.65 |
| 3 |
Hawaii, HI |
21.29% |
8.00% |
$10,440 |
27.04 |
| 4 |
Kauai, HI |
19.00% |
7.20% |
$10,440 |
23.53 |
Additional study details, including the methodology and interactive map, can be found here: [LINK]
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