Colorado one of the most popular states to be self-employed, survey finds

Colorado one of the most popular states to be self-employed, survey finds

DENVER (KDVR) — Finding the dream work scenario can seem like an impossible task: There are so many things that need to be taken into consideration, such as fulfillment, pay and benefits, company culture and interacting with coworkers or bosses.

It is a challenge to check all the boxes but one group of workers has put themselves in a position where they can control most of these variables: The self-employed.

Being self-employed is not as simple as declaring it and expecting the money to funnel in. It requires a lot of time, hard work and offering a service that consumers want. While self-employed people do enjoy the freedom that comes with being the master of their fate, it also means having to sign their own paychecks and organize a whole business independently.

A survey conducted by Ideal Tax, a tax resolution and mediation company, revealed that Colorado is one of the most popular states to pursue the grind and become self-employed.

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The survey’s method to determine how many self-employed workers are in the state is fairly simple. The total amount of self-employed workers was calculated as a percentage of the total amount of the employed population of the state.

Colorado was ranked as the state with the fourth-highest percentage of self-employed workers.

The top 10 states included:

Florida, 6.5% — total workers: 10,731,195, self-employed workers: 697,528

Montana, 6.1% — total workers: 562,372, self-employed workers: 34,305

Wyoming, 5.3% — total workers: 285,046, self-employed workers: 15,107

Colorado, 5.2% — total workers: 3,151,694, self-employed workers: 168,888

Idaho, 4.9% — total workers: 936,279, self-employed workers: 45,878

Vermont, 4.8% — total workers: 345,752, self-employed workers: 16,596

(=) South Dakota, 4.6% — total workers: 472,581, self-employed workers: 21,739
(=) Hawaii, 4.6% — total workers: 667,835, self-employed workers: 30,720
(=) Georgia, 4.6% — total workers: 5,346,554, self-employed workers: 245,941

Nebraska, 4.5% — total workers: 1,041,138, self-employed workers: 46,851

Maine, 4.4% — total workers: 708,660, self-employed workers: 31,181

South Carolina, 4.3% — total workers: 2,516,719, self-employed workers: 108,219

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From cooking to coding, there are many different industries and fields that the self-employed can work within. This data shows that working for an employer still occupies a vast majority of the population for the total amount of people employed, but a notable portion have stepped away from the office and built their own businesses or services.

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Publish date : 2024-10-15 06:59:00

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