61 of 100
BACK NEXT
61. Northport, N.Y.
Population: 7,700
Pro: Low property taxes
Con: High real-estate costs

Suffolk County consists of a group of tremendously diverse towns and villages: it's home to the swank beachside properties of East Hampton, but also to the quaint independently owned boutiques and eateries of Northport, where visitors can dock their boat near one end of Main Street and hop out for a day of shopping.

A village within the town of Huntington, Northport bustles with an independent-retail scene, made all the more vibrant by the waterfront and a county with a high-earning consumer base. Entrepreneurs looking to launch in other fields will find advantages as well. Once a defense-industry hub, the region has diversified over the years. With resources and the talent pool stemming from nearby research facilities (including Cold Spring Harbor Laboratory and Brookhaven National Laboratory), new sectors, such as biotech and electronics, are gaining importance.

The county's economic development department offers financial assistance specific to small-business owners, including a revolving loan fund and reduced interest rates for businesses with fewer than 100 employees; its Inventors & Entrepreneurs Club facilitates networking events and encourages the use of local brain power. Like most beach towns, Northport has expensive real estate, but residents pay reduced property taxes because of a power plant just across village borders. The school system is top-notch, and the Big Apple's vast resources are an hour's train ride away. -Kelsey Abbott

Interactive map: Northport, N.Y.
Homes for sale Find homes for sale in Northport, N.Y.


NEXT: 62. Blue Ash, Ohio

Last updated July 02 2008: 11:16 AM ET
More Galleries
Rebirth of America's dead factories Defunct factories around the country are in high demand as U.S. production once again revs up. More
7 hot businesses to start now It's hard to predict what businesses will take off, but these startup ideas have been drawing tons of interest from entrepreneurs and their customers on Thumbtack.com. More
How will a minimum wage hike hit businesses? Thirteen states increased the minimum wage on Jan. 1, and President Obama supports raising the federal rate to $10.10. 4 small business owners weigh in on how an increase would affect them. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.