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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
Charleston $2.05M $0.24M $1.98M $4.28M 14.3%
Chicago $1.70M $0.22M $1.08M $3.00M 10.2%
Dallas $1.62M $0.18M $1.08M $3.19M 10.6%
Detroit $1.87M $0.21M $0.85M $2.92M 9.7%
Indianapolis $1.61M $0.18M $1.61M $3.40M 11.3%
Los Angeles $1.53M $0.32M $1.15M $2.99M 10%
Louisville $1.74M $0.19M $1.03M $2.99M 9.9%

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
Charleston $6.09M $0.95M $0.96M $7.99M 8%
Chicago $7.99M $0.74M $0.67M $7.32M 7.3%
Dallas $6.00M $0.71M $1.17M $7.88M 7.9%
Detroit $1.61M $0.18M $1.61M $3.40M 11.3%
Indianapolis $6.36M $0.74M $0.99M $8.08M 8.1%
Los Angeles $6.18M $1.07M $0.91M $8.16M 8.2%
Louisville $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
Charleston $8.78M $5.48M $0.82M $15.08M 15.1%
Chicago $9.04M $5.10M $0.53M $14.67M 14.7%
Dallas $8.84M $5.60M $1.11M $15.56M 15.6%
Detroit $8.77M $5.78M $0.28M $14.83M 14.8%
Indianapolis $8.28M $4.15M $0.90M $13.33M 13.3%
Los Angeles $8.00M $5.26M $0.82M $14.08M 14.1%
Louisville $7.95M $5.02M $0.76M $13.74M 14%

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

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