Wyoming out-lists Wisconsin, Kentucky, and Alabama: the smallest state lands mid-table in the vendor map

The least populous state in the country holds 23 growth-vendor listings, ahead of nine states with far larger business bases. The District of Columbia, a single city, out-lists 28 states.

Sort the 2,761 state-attributed listings in The Wall's index by jurisdiction and the strangest row is not at the top or the bottom. It is Wyoming, sitting 26th of 51 with 23 listings, the exact middle of the table: 25 jurisdictions above it, 25 below. Wyoming is the least populous state in the country, and it out-lists Wisconsin (19), Kentucky (17), South Carolina (17), Louisiana (14), Connecticut (13), Oklahoma (12), Kansas (11), Alabama (9), and Iowa (6), nine states with resident populations several times its own.

The small jurisdictions and the states they pass

Jurisdiction	Listings
District of Columbia	29
Wyoming	23
New Hampshire	18
Delaware	14
Selected larger states, for comparison
Wisconsin	19
Kentucky	17
South Carolina	17
Louisiana	14
Connecticut	13
Oklahoma	12
Kansas	11
Alabama	9
Iowa	6

Wyoming is not alone. The District of Columbia, one city, holds 29 listings, ties Nevada, and out-lists 28 states. Delaware's 14 matches Louisiana and beats Connecticut, Oklahoma, and Kansas. New Hampshire's 18 clears Kentucky and South Carolina. DC's count has a plain reading: it is a dense professional-services metro built around federal, association, and advocacy work, and PR and marketing firms cluster there for the same reason law firms do. Wyoming and Delaware are harder to read that way.

The index does not record why a firm calls a state home, so what follows is interpretation rather than data. Two reads fit. The first is that Wyoming and Delaware are two of the most common states in the country for company registration, and a headquarters field can reflect where a business is formed rather than where its team works. The second is that a small in-state client base pushes vendors in these states to sell nationally from day one, which makes them exactly the kind of firm that shows up in a national index. The two reads are not exclusive, and the data here cannot separate them.

For a buyer, the takeaway is the same one the geography briefings keep landing on, with one addition. Headquarters is a supply-side fact, not a service-area constraint, and nearly every firm in the index sells nationally. The addition: in the registration-friendly states, treat the address itself as a first-call question. A Wyoming or Delaware headquarters may mean a Wyoming or Delaware team, or it may mean a mailbox. One sourcing note: 2,761 of the 3,460 listings in the August 9 snapshot carry a headquarters state and 699 do not, so state counts are a floor rather than a full census. The full state table sits in the state briefing, and the regional rollup in the Census-region briefing.