Streetsboro,
where many small and medium size industries employing fewer than 100 people
flourish, is ideal for the small industry that represents
a high percentage of the area's manufacturing capacity. Located conveniently
in the midst of northeastern Ohio's urban centers, Streetsboro's
well-developed transportation network offers easy access to major urban
markets nearby. There is a well educated and experienced
labor force on hand, and some of the finest industrial parks around. The
City of Streetsboro established Enterprise Zones in 1989.
Enterprise
Zones enable Streetsboro to negotiate real and personal property taxes
for a 10-year period. Currently, maximum abatements
in Streetsboro are 75% for 10 years. Amount and length of the abatement
are based on real and personal property taxes generated,
number of jobs created and total payroll over the length of the abatement.
Industrial Parks:
Interstate Commerce Center, Frost Road Commerce Center, Phillip
Parkway, Streetsboro Industrial Campus, Omega Industrial Park
Average Hourly Earnings
$10.88 per hour for full-time
$5.80 per hour for part-time
| Household Income | |||
| Streetsboro | 5-Mile Radius | 10-Mile Radius | 15-Mile Radius |
| $150,000 + | 1% | 10% | 6% |
| $100,000-$149,999 | 5% | 11% | 6% |
| $75,000-$99,999 | 6% | 14% | 8% |
| $50,000-$74,999 | 25% | 25% | 21% |
| $35,000-$49,999 | 23% | 15% | 16% |
| $25,000-$34,999 | 16% | 9% | 13% |
| $15,000-$24,999 | 12% | 8% | 13% |
| $5,000-$14,999 | 11% | 7% | 13% |
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