The top 15 cities in America to start a business in 2017

Located on the north bank of the Rio Grande River in south Texas, this city was founded in 1755. It grew from a villa to the capital of the brief Republic of the Rio Grande, to the largest inland port on the U.S.–Mexican border. Given its proximity to Mexico, it has a large bilingual workforce that focuses predominately in trade, transportation, utilities, education and health care.

More than $283 billion worth of goods pass through Laredo's port, and last year the region handled more than 50 percent of the trade between Mexico and the United States. With so much activity — Laredo leads the nation in the export of vehicle parts to the rest of the world — there's ample room for entrepreneurs to get started. The city's cost of living is 8 percent lower than the nation's average, and home prices, though rising, are still affordable. At the state level, the Texas Enterprise Fund helps small businesses with incentives tied to job creation and capital investment in the area. Texas A&M International University, part of the Texas A&M University system, is located in Laredo.

Population:236,091
Unemployment rate:4.6%
Median housing cost:$179,945
Per capita income:$16,673

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