Columbus Region Facts and Figures
Headquarters & Business Services
International Business
Logistics
Manufacturing
Science & Technology
For more information regarding the Columbus Region please visit the Columbus 2020 Team at ColumbusRegion.com
- Columbus, the state capital and largest city in Ohio, is the 15th largest city in the U.S.
- Columbus is the fastest growing city in the Midwest and was first in the Midwest to recover all jobs lost to the recession
- With one of the highest concentrations of college students in the nation, the Columbus Region's 59 college and university campuses enroll 136,000 students annually
- No single industry sector represents more than 18 percent of employment, resulting in an exceptionally stable economy
- Economic base sectors are headquarters and business services, international business, logistics, manufacturing, and science and technology
Headquarters & Business Services
- Financial activities accounted for $28.0 billion in economic output in 2014, and professional and business services accounted for $16.1 billion
- Columbus' office space is 40 percent cheaper than Chicago and 60 percent cheaper than New York
- The Columbus location quotient of 6.7 compared to the U.S. is higher than both the New York and Los Angeles MSAs, each at 3.5 and 3.2 respectively (ESRI, 2015)
- Columbus is the third largest U.S. metro for fashion designers, behind only the aforementioned
International Business
- More than 450 internationally-owned companies employ nearly 60,000 people in the Columbus Region
- 109 different languages are spoken throughout the Columbus Region
- Japan, the United Kingdom and Canada are the Columbus Region's largest foreign investors
Logistics
- KPMG ranks Ohio No. 2 in the nation in effective tax rate for new distribution centers
- Fisher College of Business at The Ohio State University is ranked No. 3 and No. 4 among undergraduate and graduate, supply chain and logistics programs nationwide
- 4,183 logistics and distribution operations employ over 80,000 people in the Columbus Region
- The Columbus Region is within a 10-hour truck drive to 47 percent of the U.S. population, 47 percent of the manufacturing capacity and 48 percent of U.S. headquarter operations
- Rickenbacker Inland Port is a dynamic, international logistics center home to:
- Direct rail connection to the Virginia ports via the Heartland Corridor as well as other major markets including Seattle, Los Angeles, New York and Central Mexico
- Rickenbacker International Airport, one of the world's largest cargo-dedicated airports, which continues to expand its international freighter service such as the addition of weekly Cargolux and Cathay Pacific Airways flights between Rickenbacker and Hong Kong
Manufacturing
- $12.5 billion in economic output was generated by manufacturing in 2015
- Manufacturers experienced a 52 percent increase in productivity (output per worker) from 2001 to 2015
- Honda of America Mfg., Inc is located in the Columbus Region, along with an extensive network of its suppliers, and leads Ohio's automotive industry.
Science & Technology
- Battelle, the world's largest contract research and development organization, and The Ohio State University, the third largest university in the nation, spend a combined $6 billion in research annually
- Ohio has one of the lowest effective tax rates for new research and development facilities
- The Columbus Region is home to the nation's largest angel investor group
For more information regarding the Columbus Region please visit the Columbus 2020 Team at ColumbusRegion.com
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