How North Texas ranks on SmartAsset’s list of cities with successful women – Dallas Business Journal

How North Texas ranks on SmartAsset’s list of cities with successful women – Dallas Business Journal

When it comes to a national ranking of cities with successful women, Plano ranks in the top 10.

That’s according to a new report — "Cities Where Women Are the Most Successful" — compiled by New York-based personal finance company SmartAsset.

To compile its list, SmartAsset said it looked at six factors: "percent of women with bachelor’s degrees, median earnings for full-time working women, percent of businesses owned by women, women’s unemployment rate, average housing cost as a percent of a full-time working woman’s income and percent of women with high incomes."

Plano took ninth, with SmartAsset highlighting that just over 27 percent of full-time women earn more than $75,000 and the city’s female unemployment rate is under 3.1 percent. The city also boasts some of the study’s best-educated women, with roughly 36 percent holding bachelor’s degrees.

However, Plano’s cost of living prevented it from taking a higher spot in the report, SmartAsset noted.

"…Our data shows that the average home costs over $1,400 per month, including mortgage and property taxes, which would eat up 33 percent of the average full-time working women’s income," the report states.

Arlington, Virginia, ranked No. 1, followed by Scottsdale, Arizona; Madison, Wisconsin; San Francisco; Alexandria, Virginia; Raleigh, North Carolina; Minneapolis; Washington D.C; and Denver.

Largest North Texas Women-Owned Businesses

Ranked by 2016 Local Revenue

Rank Company 2016 Local Revenue 1 Asociar LLC $132.49 million 2 HOBI International Inc. $90 million 3 WRG LLC $86 million View This List

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