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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 $1.72M $0.18M $1.03M $2.94M 9.8%
Chicago $1.65M $0.24M $1.18M $3.08M 10.3%
Dallas $1.59M $0.19M $1.31M $3.10M 10.4%
Detroit $1.88M $0.26M $1.02M $3.17M 10.6%
Charleston $1.85M $0.25M $1.19M $3.29M 11%
Los Angeles $1.51M $0.53M $1.40M $3.46M 11.5%
Indianapolis $1.70M $0.16M $1.63M $3.50M 11.7%
Source: Columbus 2020; EMSI, 2018; Cushman & Wakefield, Q4 2018. Tax expenses included are related to property, corporate income and gross receipts.

Source: Columbus 2020; EMSI, 2018; Cushman & Wakefield, Q4 2018. 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 $6.14M $0.73M $1.36M $8.24M 8.2%
Dallas $6.44M $0.85M $1.11M $8.40M 8.4%
Nashville $6.33M $0.88M $1.27M $8.48M 8.5%
Louisville $6.67M $0.77M $1.15M $8.61M 8.6%
Chicago $6.13M $1.01M $1.54M $8.68M 8.7%
Pittsburgh $6.58M $1.16M $1.33M $9.08M 9.1%
Kansas City $6.88M $0.76M $1.47M $9.13M 9.1%
Source: Columbus 2020; EMSI, 2018; Cushman & Wakefield, Q4 2018. Tax expenses included are related to property, corporate income and gross receipts.

Source: Columbus 2020; EMSI, 2018; Cushman & Wakefield, Q4 2018. 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 $8.23M $0.98M $1.04M $10.27M 10.27%
Tampa $7.88M $1.30M $1.13M $10.32M 10.32%
Charlotte $8.70M $1.31M $0.72M $10.74M 10.74%
Nashville $8.28M $1.33M $1.15M $10.77M 10.78%
Atlanta $8.49M $1.33M $1.17M $11.00M 11.01%
Dallas $8.93M $1.31M $0.75M $11.01M 11.01%
Chicago $8.75M $1.51M $1.69M $11.96M 11.97%
Source: Columbus 2020; EMSI, 2018; Cushman & Wakefield, Q4 2018. Tax expenses included are related to property, corporate income and gross receipts.

Source: Columbus 2020; EMSI, 2018; Cushman & Wakefield, Q4 2018. Tax expenses included are related to property, corporate income and gross receipts.

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