How We Can Help
 

Operating Costs

Overview

Business Advantages that Equal Real Value

In comparison to competitive markets, the Columbus Region regularly tops the list as one of best financial decisions a company can make.

Manufacturing

Manufacturing Operating Costs

Project parameters: 50 jobs (production: SOC 51), 50,000 square feet, $25M land and building value, $50M tangible property (30% depreciation), $30M revenue, $1.5M in-state gross receipts, $3M profit. Chart displays cost as % of Revenue
Metro Area Payroll Rent Taxes Total Cost Cost as a Percent of Revenue
Detroit $1.87M $0.21M $0.85M $2.92M 9.7%
Louisville $1.74M $0.19M $1.03M $2.96M 9.9%
Los Angeles $1.53M $0.32M $1.15M $2.99M 10%
Chicago $1.70M $0.22M $1.08M $3.00M 10.2%
Dallas $1.62M $0.18M $1.40M $3.19M 10.6%
Indianapolis $1.61M $0.18M $1.61M $3.40M 11.3%
Charleston $2.05M $0.24M $1.98M $4.28M 14.3%

Source: Columbus 2020. Tax expenses included are related to property, corporate income and gross receipts.

Logistics

Logistics Operating Costs

Project parameters: 200 jobs (warehouse: various from SOC 53), 200,000 square feet, $10M land and building value, $25M tangible property (30% depreciation), $100M revenue, $5M in-state gross receipts, $8M profit
Metro Area Payroll Rent Taxes Total Cost Cost as a Percent of Revenue
Dallas $5.91M $0.74M $0.67M $7.32M 7.3%
Indianapolis $6.00M $0.71M $1.17M $7.88M 7.9%
Chicago $6.09M $0.95M $0.96M $7.99M 8%
Louisville $6.36M $0.74M $0.99M $8.08M 8.1%
Nashville $6.18M $1.07M $0.91M $8.16M 8.2%
Kansas City $6.40M $0.91M $1.16M $8.47M 8.5%
Pittsburgh $6.64M $1.01M $1.05M $8.70M 8.7%

Source: Columbus 2020. Tax expenses included are related to property, corporate income and gross receipts.

Office

Office Operating Costs

Project parameters: 200 jobs (office: SOC 13 and 43), 50,000 square feet, $10M land and building value, $1M tangible property (30% depreciation), $100M revenue, $5M in-state gross receipts, $10M profit
Metro Area Payroll Rent Taxes Total Cost Cost as a Percent of Revenue
Indianapolis $8.28M $4.15M $0.90M $13.33M 13.3%
Tampa $7.95M $5.02M $0.76M $13.74M 14%
Nashville $8.00M $5.26M $0.82M $14.08M 14.1%
Charlotte $9.04M $5.10M $0.53M $14.67M 14.7%
Dallas $8.77M $5.78M $0.28M $14.83M 14.8%
Atlanta $8.78M $5.48M $0.82M $15.08M 15.1%
Chicago $8.84M $5.60M $1.11M $15.56M 15.6%

Source: Columbus 2020. Tax expenses included are related to property, corporate income and gross receipts.

Rankings