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Ohio is better for business
Ohio is rich with globally recognized companies, skilled residents with a strong work ethic, and an environment that supports innovation. Whether you run a startup or are an established enterprise looking to expand, Ohio's business incentives, tax credits, labor force, and stable economy make it the right location for your company to grow.
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Ohio has a 0% state tax on corporate income,
research-and-development investments, and goods and products sold out of state.
Source: Ohio Department of Taxation
Source: US News & World Report
Ohio is the most affordable state in the union, according to US News and World Report’s Affordability Rankings. This list measures a state’s basic affordability, examining the costs of daily life and housing against the money households have available.
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Source: CompTIA, “Tech Town Index 2020”
Central Ohio has the right mix of talented people, groundwork, and infrastructure that's attracting big names from Silicon Valley and across the world. In 2020, Columbus posted 47,594 open tech jobs — a nearly 3% increase from 2019.
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Source: CBRE, “Why Columbus 2020”
Office space in Ohio’s three largest cities costs one-third that of space in San Francisco and New York City. Additionally, Columbus ranks in the 20 most affordable markets for commercial real estate development in the US.
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Source: The Clever Data Center, June 2020
Ohio has four of the Top 10 Cities For Millennial Homebuyers: Akron, Columbus, Cincinnati, and Dayton. That's more than any other state.
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Source: US News & World Report
Ohio ranked sixth in US News and World Report’s Opportunity Rankings. This list measures a state’s ability to grant citizens tools to succeed—including the ability to attain a quality education, to achieve equal pay for equal work, and to afford a home.
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Source: JobsOhio
With a $565 million investment, the Cleveland Innovation District is set to bring 20,000 jobs to the area and create $3 billion in economic impact over the next 10 years.
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Source: CBRE, Scoring Tech Talent in North America 2020
Three Ohio cities rank in the Top 10 Small Tech Talent Markets: Columbus (No. 1), Cincinnati (No. 7), and Cleveland (No. 8).
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