Business valuation

Business valuation by city and state

What a business is worth depends partly on where it is: who the buyers are, what the local economy runs on, and what the state adds to a sale. These pages cover that for one metro area at a time, using public data with a source beside every figure. They're useful whether or not you ever hire Saltaire.

Fixed fees. No exclusives. No success fees.

Side by side

How the metro areas compare

Ranked by employer business locations. The 20–499 column is the size band most owner-operated companies worth $3–25M fall in. Follow a name for that area's guide.

Employer business locations, by metro area 16 metro areas · whole metro, not the city alone
Rank Metro area Employer business locations 20–499 employees Share People
01 Washington, DC 159,002 25,712 16.2% 6.32 million
02 Philadelphia, PA 153,791 23,568 15.3% 6.27 million
03 Boston, MA 133,807 21,131 15.8% 4.95 million
04 Baltimore, MD 68,827 11,065 16.1% 2.85 million
05 Pittsburgh, PA 61,628 10,091 16.4% 2.44 million
06 Richmond, VA 33,589 5,425 16.2% 1.34 million
07 Hartford, CT 28,131 4,775 17.0% 1.15 million
08 Buffalo, NY 26,972 4,391 16.3% 1.16 million
09 Rochester, NY 23,916 3,698 15.5% 1.06 million
10 Portland, ME 19,167 2,446 12.8% 562,843
Show all 16 metro areasShow the top 10
Rank Metro area Employer business locations 20–499 employees Share People
11 Allentown, PA 18,701 3,002 16.1% 873,603
12 Syracuse, NY 14,587 2,224 15.2% 656,410
13 Harrisburg, PA 14,274 2,594 18.2% 604,155
14 Lancaster, PA 13,776 2,402 17.4% 557,931
15 Scranton, PA 13,043 2,019 15.5% 569,788
16 Springfield, MA 9,339 1,610 17.2% 462,815
How these pages are made

Where the numbers come from

Population and age figures come from the U.S. Census Bureau's American Community Survey. Counts of businesses by industry and size come from the Census Bureau's County Business Patterns. The largest-employer lists come from each state's labor-market office, or from the city's or county's annual financial report.

The state rules on each page, such as tax rates and clearance certificates, are taken from the state's own revenue and labor departments or its statutes. Each one links to the page it came from.

The first step

Not sure what you need?

That's what the call is for.

Saltaire Partners works with owners by video or phone, from the New York metropolitan area.

On the call 30 min · free
  1. Thirty minutes

    By video or phone, at a time you pick.

  2. We work out what you need

    Which module fits, if any. Sometimes the answer is none yet.

  3. You leave with a number

    If a module fits, you'll know its fixed fee before you decide anything.