Washington DC Tops Inc’s 500 List Of All Time

Inc 500,Washington DC,startup,startupsThe Inc 500/5000 conference just wrapped up in Phoenix Arizona. The three day conference highlights the private sector companies, both big and small, that are the fabric of our American corporate culture.

The Inc 500 is a list published every year by the premiere business magazine, that lists the 500 fastest growing companies in the country. The list, first published in 1982, has become the benchmark that many companies set for growth in their formative years. Companies like Pandora, Zipcar, Zappos and even companies with rich history now, like Toys R Us and 7 Eleven have topped the list.

The Inc 500 is a subset of the Inc 5000 which shows off an even broader range of US companies, those who are the fastest growing 5000 companies in America. Each of the Inc 5000 companies are featured on Inc’s website. The 500 companies are featured in Inc’s traditional magazine in the September issue.

The Kauffman Foundation, the non profit foundation in Kansas City that procures important data relating to startups, innovation, corporations and growth, recently analyzed the last 30 years worth of Inc 500 companies.

They found that over the past 30 years worth of Inc 500 lists, Washington DC has produced more companies that have appeared on the list than any other metropolitan area, in the country.  In the last 12 years alone Washington DC has been home to 385 companies that have appeared on the Inc 500 list.

On a state by state basis California and then Texas topped Kauffman’s list. Virginia (which borders DC) was in the number 3 spot and Massachusetts was number 4.

When the list was adjusted for population Indianapolis ranked 6th, Baltimore ranked 15th, Philly ranked 19th and Louisville Kentucky ranked (20th).

When examined by county, Virginia had three of the top five counties with Fairfax City, Falls Church City and Arlington County. Motley County Texas and Broomfield County Colorado topped that list.

Check out the interactive map of the data in the links below

Linkage:

Source: Inc Magazine

Kauffman’s data set

Something worth checking out

 

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