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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
Louisville $1.73M $0.15M $1.03M $2.93M 9.8%
Dallas $1.54M $0.19M $1.31M $3.05M 10.2%
Chicago $1.63M $0.23M $1.25M $3.11M 10.4%
Detroit $1.84M $0.25M $1.02M $3.12M 10.4%
Los Angeles $1.43M $0.45M $1.41M $3.29M 11%
Indianapolis $1.60M $0.16M $1.65M $3.42M 11.4%
Charleston $1.89M $0.23M $2.07M $4.20M 14%
Source: Columbus 2020; EMSI, 2017; Cushman & Wakefield, Q4 2017. Tax expenses included are related to property, corporate income and gross receipts.

Source: Columbus 2020; EMSI, 2017; Cushman & Wakefield, Q4 2017. 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
Indianapolis $5.93M $0.70M $1.42M $8.06M 8.1%
Dallas $6.12M $0.81M $1.13M $8.06M 8.1%
Louisville $6.43M $0.73M $1.17M $8.34M 8.3%
Nashville $6.10M $1.00M $1.28M $8.38M 8.4%
Chicago $5.90M $0.97M $1.58M $8.46M 8.5%
Kansas City $6.42M $0.76M $1.48M $8.67M 8.7%
Pittsburgh $6.33M $1.11M $1.33M $8.78M 8.8%
Source: Columbus 2020; EMSI, 2017; Cushman & Wakefield, Q4 2017. Tax expenses included are related to property, corporate income and gross receipts.

Source: Columbus 2020; EMSI, 2017; Cushman & Wakefield, Q4 2017. 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 $8.07M $1.07M $1.12M $10.27M 10.3%
Tampa $7.82M $1.44M $1.13M $10.41M 10.4%
Nashville $8.10M $1.51M $1.16M $10.77M 10.8%
Charlotte $8.58M $1.41M $0.79M $10.79M 10.8%
Atlanta $8.38M $1.42M $1.15M $10.96M 11%
Dallas $8.86M $1.58M $0.78M $11.23M 11.2%
Chicago $8.63M $1.67M $1.75M $12.07M 12.1%
Source: Columbus 2020; EMSI, 2017; Cushman & Wakefield, Q4 2017. Tax expenses included are related to property, corporate income and gross receipts.

Source: Columbus 2020; EMSI, 2017; Cushman & Wakefield, Q4 2017. Tax expenses included are related to property, corporate income and gross receipts.

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