Where STRATEGIC Growth is the Point.

Transcription

1

2 Where STRATEGIC Growth is the Point. With a highly educated workforce, excellent public school systems and a range of lifestyle choices, Williamson County is home to a diverse business community - from 40 corporate headquarters to thousands of small-shop entrepreneurs. Eleven of the largest 25 publicly traded companies in the Nashville region are located in the county, which also claims a third of the fastest-growing companies in the entire state. As a result of this dynamic business environment, Williamson County is a leader in the Southeast in population growth, employment growth and per capita income growth. More than 6,000 businesses span diverse industries, led by healthcare, technology, entertainment and manufacturing. Corporate headquarters include Nissan North America, Mars Petcare, Tractor Supply Company and Community Health Systems. Large, class A business parks provide an array of modern workspaces, and more major mixed-use development projects now are underway. Small-town and uniquely refurbished office options are popular in the historic downtown Franklin area and in the county s other community-focused cities and towns of Brentwood, Fairview, Nolensville, Spring Hill and Thompson s Station. Education is a priority in Williamson County - both in the top-ranked public school system and in higher education as reflected by the 54 percent of residents with a bachelor s degree. Of those, 18 percent have either a graduate or professional degree. Some 21 colleges and universities are located within driving distance, and Williamson-based programs offering undergraduate, graduate and executive education are expanding exponentially. From festivals that draw thousands to an award-winning vineyard that hosts some of the best musicians in the country, the uniqueness of Williamson County lies in its strong community spirit and its rich history and cultural heritage. Offering easy access to prized green spaces near big-city amenities, Williamson County truly is a place for businesses and their employees to call home.

3 DEMOGRAPHICS 38.5 median age 54% of the population has a bachelor s degree 3% of Tennessee s population 49% 11% of the Nashville MSA s population 33% of Inc winners are in WilliamsonCounty 27% of residents were born in a different state 38% of residents are years old job growth over the last 5 years $1,842 median property taxes Source: WCAR, 2013 ACS 201,486 Williamson County Population 1,778,483 Nashville MSA Population 66,364 Households $394,733 Median Home Sale Price 99,770 Labor Force $66,046 Average Earnings Source: EMSI, STATS Indiana, ACS 2013 Estimates, TN Dept. Labor & Workforce

4 ECONOMY Employment by Industry Professional & Business Services 19% Other 14% Retail 13% Leisure & Hospitality 11% 5.55% 34.69% Finance & Insurance 10% Health Care 10% Government 9% Construction 5% Management of Companies 5% 7.02% 2.76% Real Estate 2% Manufacturing 2% 2.66% 27.74% *Percentage based on place of residence workforce Source: U.S. Census Bureau, American Community Survey (retrieved Jan 2014) 54.53% of the labor force live AND work in Williamson County 28,910 Williamson County residents commute to Davidson County to work 23,027 Davidson County residents commute to Williamson County for work Source: IRS Division of Statistics, US Census Bureau DID YOU KNOW... You can do a side-by-side comparison between Williamson County and up to three other U.S. counties on our website. Find our county comparison tool at

5 Taxes County Property Taxes: $2.31 per $100 assessed property value Individual Income Tax: None on wages and salaries; 6% on certain types of dividend and interest income Sales and Use Tax: State 7%; local option 2.25% with maximum $1,600 per single article of tangible personal property Corporate Excise Tax: 6.5% on net earnings Franchise Tax: 0.25% of the greater of net worth or real and tangible property in Tennessee Inventory Tax: None on finished goods inventory Unemployment Taxable wage base: $9,000; New employer rate: 2.7%; Experienced employer rate: 1.1% % Insurance Tax: Local Gross Receipts Tax: Varies from 0.125% % of 1%; Exempts manufacturers and certain professionals Top Private Sector Employers 1 COMMUNITY HEALTH SYSTEMS 3092 EMPLOYEES 11 HEALTHWAYS 717 EMPLOYEES 2 NISSAN NORTH AMERICA Automotive - Franklin, TN 1850 EMPLOYEES 12 LEE COMPANY Services - Franklin, TN 661 EMPLOYEES 3 WILLIAMSON MEDICAL CENTER 1400 EMPLOYEES 13 MARS PETCARE Retail - Franklin, TN 659 EMPLOYEES 4 UNITEDHEALTH GROUP Healthcare - Brentwood, TN 1342 EMPLOYEES 14 DAVITA HEALTH CARE PARTNERS Healthcare - Brentwood, TN 650 EMPLOYEES 5 VERIZON WIRELESS Communications - Franklin, TN 1001 EMPLOYEES 15 DELEK US HOLDINGS Retail - Brentwood, TN 650 EMPLOYEES 6 TRACTOR SUPPLY COMPANY Retail - Brentwood, TN 910 EMPLOYEES 16 EVICORE HEALTHCARE 625 EMPLOYEES 7 COMDATA Financial Services - Brentwood, TN 900 EMPLOYEES 17 MEDHOST, INC. 501 EMPLOYEES 8 OPTUM, INC. 801 EMPLOYEES 18 AFFINION GROUP, INC. Marketing/Advertising - Franklin, TN 460 EMPLOYEES 9 FORD MOTOR CREDIT Financial Services - Franklin, TN 800 EMPLOYEES 19 OZBURN-HESSEY LOGISTICS Distribution/Logistics - Franklin, TN 460 EMPLOYEES 10 BROOKDALE SENIOR LIVING Healthcare - Brentwood, TN 730 EMPLOYEES 20 THE LAMPO GROUP Entertainment - Brentwood, TN 458 EMPLOYEES

6 EDUCATION Population Education Levels 95% have a high school diploma or higher 54% have a bachelor s degree or higher 18% have a graduate degree or higher Williamson County Schools is a K-12 school district with approximately 35,000 students enrolled for the school year throughout 41 schools: nine high schools, eight middle schools, 23 elementary schools and one K-8 school. The Franklin Special School District is a K-8 school system with approximately 3,850 students enrolled. Students are served by seven schools: four elementary schools, one intermediate school, one middle school, and a K-8 school. Williamson County students continue to earn achievement scores that rank among the highest in the state of Tennessee. The graduating class of 2014 achieved an ACT composite score of 23.5, which exceeds the national average of 20.9 and the state average of Source: Graduation Rates Source: TN Dept. of Education, Report Cards % 86.1% 91.8% 88.5% 92.2% 87.2% 93.8% 86.3% 94.4% 87.2% Williamson County Tennessee

7 ACCESSIBILITY 30 minutes from the Nashville International Airport. 400 flights per day, 55 non-stop flights. Within three hours of two of the world s busiest cargo airports - Memphis (FedEx) and Louisville (UPS). Brentwood Water System, Water Authority of Greater Dickson, City of Franklin Water Management, Nolensville/College Grove Utility District, City of Spring Hill, H.B. and T.S. Utilities. Eleven companies support county sewer needs. Fiber network with AT&T, Sprint, Level3, XO Communications Intercity bus lines, Franklin Trolleys and van pooling. Within a one day drive of 75% of the US. Access to three major interstate highways: I-40, I-24, I-65. Route 840 connects Williamson County and three other counties in an outer loop. All electricity in Williamson County is transmitted by the Tennessee Valley Authority, the largest public provider of power in the nation, and distributed to commercial and residential customers through MTEMC and NES power companies.

8 QUALITY OF LIFE Who s Moving Here The top five cities that residents have relocated from are: Orlando, FL; Los Angeles, CA; Muncie, IN; St. Louis, MO; and Tampa, FL. Source: U.S. Census Bureau, year American Community Survey Cost of Living - national average $100 Weather Nashville-Franklin, TN $90 Austin, TX $95 Atlanta, GA $100 San Francisco, CA $168 July Average High 89 January Average Low 47 Annual Average Precipitation 59.5 Annual Relative Humidity 70% Annual Average Snowfall 8.2