GoDaddy released its 2026 list of America's Most Entrepreneurial Cities on June 30, 2026, ranking San Antonio, Texas, as the top hub for small business growth. The report, created by the GoDaddy Small Business Research Lab in partnership with Zillow, highlights a continued shift toward geographically diverse markets, with growth occurring in cities of all sizes rather than just traditional coastal hubs. San Antonio led the rankings with an 11% year-over-year growth rate, adding 9,232 new businesses, while the Sun Belt region accounted for half of the top 10 cities.

The GoDaddy Small Business Research Lab determined the rankings by analyzing the cities with the highest rate of business growth during the previous calendar year. For the first time, GoDaddy partnered with Zillow to provide housing market context for each location. Zillow's data included typical home values, typical rent prices, and the Market Heat Index, which indicates whether a market favors buyers or sellers. This data did not factor into the rankings but provided insight into the real estate trends fueling entrepreneurial activity.

"The footprint of American entrepreneurship is shifting deeper into non-traditional places," said Alexandra Rosen, GoDaddy's small business economist. "The idea that you need to be in a major coastal city to build something has evolved. Whether it's a traditional storefront with a digital presence or an online side hustle, entrepreneurs are sustaining momentum and showing there's growing opportunity in every part of the country."

Most Entrepreneurial Cities Rankings

*National Average Typical Home Value: $366,712. National Average Typical Rent: $1,930.

Key Market Trends

San Antonio's top ranking was driven by its 11% growth rate and a neutral housing market, with home values and rents below the national average. The Sun Belt region, including Texas, Florida, and New Mexico, represented half of the list, attributed to factors such as tax incentives and talent migration. Zillow data revealed varied housing conditions within these states; while San Antonio, El Paso, and Albuquerque featured below-average home values, Miami and Tampa reported rents above the national average.

"A thriving local economy and a thriving housing market tend to go hand in hand," said Zillow Chief Economist Mischa Fisher. "When housing is attainable and plentiful, entrepreneurs feel more confident putting down roots and businesses find it easier to attract and keep talent. The pandemic fundamentally changed where people want to live and work, and new energy flowed to markets outside of the traditional hotspots."

The list also included unexpected standouts such as Washington, D.C., which earned a spot based on new business formations, and the Bronx, which led New York City in entrepreneurial growth. Zillow's analysis indicated that these trends span various housing market types, suggesting diverse environments can support business creation.

Rosen Law Firm is investigating potential securities claims on behalf of shareholders of GoDaddy Inc. concerning allegations that the company may have issued materially misleading business information to the investing public. The investigation follows previous scrutiny from other firms regarding the impact of GoDaddy's promotional pricing strategy on its financial results.

The firm is preparing a class action lawsuit seeking recovery of investor losses. Shareholders who purchased GoDaddy securities are encouraged to contact the firm to discuss their potential rights and remedies. Representation is on a contingency fee basis, meaning shareholders pay no fees or expenses out of pocket.

Background of the investigation

The investigation centers on whether GoDaddy or its officers made misleading statements or failed to adequately disclose the effects of a promotional pricing strategy for dotcom domains. It is alleged that the strength of customer demand for the promotion, combined with a resulting shift toward shorter-term registrations, weighed on the company's financial results to a greater degree than investors had been led to understand.

Financial impact disclosure

The alleged truth emerged on February 24, 2026, after the market closed, when GoDaddy reported its fourth-quarter and full-year 2025 financial results. During the earnings call, the company disclosed that it had introduced a promotional price for one-year dotcom domain registrations during the quarter. GoDaddy's Chief Financial Officer acknowledged that customer demand for the offer had exceeded the company's own expectations.

GoDaddy conceded that the resulting shift in term mix, together with the discounted pricing, had reduced upfront bookings and near-term revenue. The company further stated that the promotion was expected to dampen reported revenue growth across both its Core Platform and Applications & Commerce segments, as the discount is allocated across all products included in the initial purchase.

Investor contact information

Shareholders who wish to join the prospective class action or obtain more information can visit the Rosen Law Firm's website or contact Phillip Kim, Esq. toll-free at 866-767-3653 or via email at case@rosenlegal.com . The firm emphasizes the importance of selecting qualified counsel with a proven track record in securities class actions.