The 5 best states in America for entrepreneurs — and the 5 worst

Hundreds of thousands of Americans start businesses each month — and where they live can have a major impact on their success.

Simplify LLC, an online resource for people who started LLCs, looked at data compiled by the Census, the Bureau of Economic Analysis, the Tax Foundation, and the U.S. Senate to determine which states are the best and worst for entrepreneurs.

It considered six categories: job creation, consumer spending, inflation, business growth, corporate taxes, and educated worker migration.

Check out which states were ranked the five best for entrepreneurs — and which were ranked the five worst.

5th Worst: West Virginia

4th Worst: Mississippi

3rd Worst: Minnesota

2nd Worst: Iowa

Worst: Alabama

5th Best: Oregon

4th Best: Nevada

3rd Best: Maine

2nd Best: Texas

Best: Washington