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Professional Service Opportunities in Southwest Washington
August 2011
Jeanie Ashe Director of Business Recruitment 805 Broadway, Suite 412 Vancouver, WA 98660
P: (360) 567-3180 E: [email protected] http://www.credc.org
Columbia River Economic Development Council
Manufacturing Opportunities in Southwest Washington
This inform ation was com piled by the Colum bia River Econom ic Developm ent Council from sources deem ed reliable. While the CREDC has attem pted, in good faith, to ensure the inform ation presented is accurate, there m ay be inadvertent (technical and factual) inaccuracies with the inform ation presented. All inform ation should be verified.
CLARK COUNTY OVERVIEW Located on the Pacific Rim and bridging the states of Oregon and Washington, the Portland-Vancouver metropolitan region is a vibrant and attractive business location. Pure water, inexpensive power and a skilled manufacturing workforce are reasons manufacturing firms are attracted to the area. Additionally, the area’s easy access to California and Asia makes for convenient shipping and transportation of goods. Clark County is one of seven counties included in the Portland-Vancouver, Metropolitan Statistical Area (PMSA). Clark County offers workers and their families the advantages of a major metropolitan city combined with affordable housing and quality primary and secondary education.
Portland - Vancouver PMSA Clark County
2,191,910 435,600
Battle Ground
17,400
Camas
17,210
La Center
2,575
Ridgefield
4,370
Vancouver
165,500
Washougal
14,050
Source: Bureau of Census and Washington State O FM – 2010
With the expanding economy, affordable housing, quality schools, and exceptional recreational and cultural amenities, Clark County is expected to continue stable economic growth well into the future.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
POPULATION SUMMARY
Manufacturing Opportunities in Southwest Washington
Clark County and its communities of Vancouver, Camas, Battle Ground, Washougal, Ridgefield, and La Center offer a diversity of lifestyles ranging from metropolitan to suburban. The Portland-Vancouver metropolitan area has a population of more than two million residents. Clark County’s population is 435,600 – almost 20 percent of the PMSA.
LABOR FORCE Companies locating within Clark County, Washington will have access to a labor force of more than one million workers within a 30 mile radius. Clark County’s competitive labor costs are an additional advantage to local firms. Labor Force
Portland-Vancouver Metro
Clark County, WA
Civilian Labor Force Unemployment Unemployment Rate
1,060,200 99,880 10.4%
221,920 28,960 13.1%
Source: Bureau of Labor Statistics and WA State Employment Security Department (November 2010)
Occupation
Entry Hourly Wage
Average Hourly Wage
Customer Service Representative First-Line Supervisors/Managers of Retail Sales Workers Management Occupations
$10.75 $11.30 $28.38
$16.70 $20.55 $54.61
Source: WA State Employment Security Department (March 2011)
REGIONAL EDUCATION FOCUS The Portland-Vancouver metro area offers a wide range of excellent educational opportunities for the manufacturing industries. There are 25 public and private colleges and universities in the area offering professional and technical degrees. The region boasts four community colleges: Clackamas Community College in Oregon City; Mt. Hood Community College in Gresham; Clark College in Vancouver, Washington; and Portland
Manufacturing Opportunities in Southwest Washington
WAGES The Clark County Average Annual Wage3 is $43,472. Wages for the Clark County, Washington area are listed below. Additional wage information can be found at the Washington State Employment Security Department website.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
THE COMMUTING LABOR FORCE Nearly 60,000 Clark County residents commute daily to jobs in the Oregon portion of the metropolitan area. The CREDC contracted for a scientific study of this labor pool to determine job and skill characteristics. One of the most important findings is that over 80 percent of Clark County commuters to Oregon are likely to take a Clark County job of equal or less pay if one were available. Thus, even at low levels of unemployment there exists an available labor pool for firms selecting a Clark County location.
Community College (PCC). Combined, the community college systems operate 18 centers and six main campuses, with an annual enrollment of more than 190,000 students. The local community colleges are the center of workforce development activities in the region.
Manufacturing Opportunities in Southwest Washington
Photo courtesy of Washington State University – Vancouver
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
WORKFORCE TRAINING Several options are available to you for workforce training. The Southwest Workforce Development Council (SWWDC) can assist you in developing your new and existing workforce by connecting you with the resources to leverage investment in human capital. Through strong partnerships with Clark College and others, the CREDC can help develop and deliver training that is customized to your needs and complementary to your company culture. As you grow your workforce, some positions may also qualify for wage subsidies of up to 50 percent of wages for up to six months for on-the-job training.
TAXES The Portland-Vancouver market is in two separate states. Depending upon in which state you locate, you will be required to pay taxes based on that state's tax structure. Determining which tax structure is more favorable to your business requires careful consideration and advice from your tax advisor. Oregon has no sales tax but has individual and business income tax. Washington State does not impose a corporate income tax, unitary tax, or personal income tax, nor does it tax dividends, interest, or capital gains. Washington has a sales tax as well as a business and occupation tax on gross business receipts. Certain tax incentives may apply to reduce business and occupation and sales tax assessments. BUSINESS TAX SUMMARY TABLE TAX
Clark County, Washington
Corporate Excise Tax Personal Income Tax State Business Tax
None None Based on sales for all business activity within the state. Manufacturing tax rate is 0.484% based on gross sales. State & Local Retail Sales Tax 8.2% Real & Personal Property Tax Average rate. $11.03 per $1,000 of assessed value. Unemployment Insurance Tax Average 3.26% on the first $37,300 in wages. Industrial Insurance Rates are based on business classification and experience. (Worker’s Compensation) Average Misc. Manufacturing $0.7582 per worker hour.
Unemployment Insurance Washington provides a high level of benefits to workers – among the top third in the nation. Employers pay taxes on the first $37,300 of a worker’s wages. The average tax rate is 3.26 percent. The rates vary depending on the employer’s rate class.
INFRASTRUCTURE Electrical Power The primary electric power supplier in Clark County is Clark Public Utilities, a public power company. The utility is a cost of service provider and offers some of the most competitive power prices in the United States. In addition, given the density of manufacturing investment in their service areas, the utility has a great deal of experience with dealing with the power quality and dependability issues important to manufacturers. Clark Public Utility’s average rate is $0.063 per kWh.
Manufacturing Opportunities in Southwest Washington
Workers’ compensation rates are based on business classification and experience. Washington is the only state with Worker's Compensation tax rates based on the hour worked rather than per $100 wages paid. Therefore, there is not an inflationary increase built into the system when wages increase. Insurance is not paid for hours the worker is off the job including sick leave, vacation or holiday hours, and leaves of absence.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
Industrial Insurance Rates (Workers’ Compensation)
Clark Public Utilities - Industrial Schedule 85 Energy Charge Sep - Mar Energy Charge (per kWh): $0.0489 Apr - Aug Energy Charge (per kWh): $0.0436 Demand Charge
Transmission (per kW): $4.54 Primary Delivery (per kW): $5.88 Secondary Delivery (per kW): $6.69
Water & Sewer
Volume Charge
Commercial: Industrial:
$1.27/ccf $1.32/ccf
Sewer Rates (City of Vancouver) Volume Charge Commercial: $4.23/ccf Industrial: $4.38/ccf Electronics: $3.22/ccf LIVABILITY Both businesses and their employees will enjoy the high standard yet low cost of living in Clark County, Washington. The ACCRA Cost of Living Index measures differences between areas in the cost of consumer goods and services, excluding taxes and nonconsumer expenditures. Vancouver’s cost of living (95.2) is below the national average (100) and among the lowest on the West Coast for second quarter 2010.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
Water Rates (City of Vancouver) Monthly Base Charge Meter Size Charge a. 5/8 x 3/4 $5.23 b. 3/4 inch $6.92 c. 1 inch $10.57 d.1-1/2 inch $19.67 e. 2 inch $30.47 f. 3 inch $55.86
Manufacturing Opportunities in Southwest Washington
The cities provide sewer and water service to residents within incorporated areas and some unincorporated areas of the County. The Clark Regional Wastewater District also provides sewer service to unincorporated areas, and Clark Public Utilities provides some water service. The CREDC will work with you to calculate specific cost estimates once the company has narrowed its site options and provide more specific information concerning water and sewer needs.
City Denver, CO Sacramento, CA San Francisco, CA Portland, OR Tacoma, WA Seattle, WA Vancouver, WA
Composite Index 103.4 116.2 152.5 113.0 109.9 120.2 95.2
Clark County and its communities of Battle Ground, Camas, Ridgefield, Vancouver and Washougal offer a diversity of lifestyles ranging from metropolitan to suburban. The median sale price of a home in Clark County was $213,200 in third quarter 2010.
Manufacturing Opportunities in Southwest Washington
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
Clark County offers a number of recreational opportunities including federal, state, county and city parks, trails and wildlife areas. The Clark County Fair and the Fourth of July Festival are just two cultural events that the County offers. Portland’s metropolitan conveniences are just minutes away.
Professional Service Opportunities in Southwest Washington
August 2011
Jeanie Ashe Director of Business Recruitment 805 Broadway, Suite 412 Vancouver, WA 98660
P: (360) 567-3180 E: [email protected] http://www.credc.org
Columbia River Economic Development Council
Manufacturing Opportunities in Southwest Washington
This inform ation was com piled by the Colum bia River Econom ic Developm ent Council from sources deem ed reliable. While the CREDC has attem pted, in good faith, to ensure the inform ation presented is accurate, there m ay be inadvertent (technical and factual) inaccuracies with the inform ation presented. All inform ation should be verified.
CLARK COUNTY OVERVIEW Located on the Pacific Rim and bridging the states of Oregon and Washington, the Portland-Vancouver metropolitan region is a vibrant and attractive business location. Pure water, inexpensive power and a skilled manufacturing workforce are reasons manufacturing firms are attracted to the area. Additionally, the area’s easy access to California and Asia makes for convenient shipping and transportation of goods. Clark County is one of seven counties included in the Portland-Vancouver, Metropolitan Statistical Area (PMSA). Clark County offers workers and their families the advantages of a major metropolitan city combined with affordable housing and quality primary and secondary education.
Portland - Vancouver PMSA Clark County
2,191,910 435,600
Battle Ground
17,400
Camas
17,210
La Center
2,575
Ridgefield
4,370
Vancouver
165,500
Washougal
14,050
Source: Bureau of Census and Washington State O FM – 2010
With the expanding economy, affordable housing, quality schools, and exceptional recreational and cultural amenities, Clark County is expected to continue stable economic growth well into the future.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
POPULATION SUMMARY
Manufacturing Opportunities in Southwest Washington
Clark County and its communities of Vancouver, Camas, Battle Ground, Washougal, Ridgefield, and La Center offer a diversity of lifestyles ranging from metropolitan to suburban. The Portland-Vancouver metropolitan area has a population of more than two million residents. Clark County’s population is 435,600 – almost 20 percent of the PMSA.
LABOR FORCE Companies locating within Clark County, Washington will have access to a labor force of more than one million workers within a 30 mile radius. Clark County’s competitive labor costs are an additional advantage to local firms. Labor Force
Portland-Vancouver Metro
Clark County, WA
Civilian Labor Force Unemployment Unemployment Rate
1,060,200 99,880 10.4%
221,920 28,960 13.1%
Source: Bureau of Labor Statistics and WA State Employment Security Department (November 2010)
Occupation
Entry Hourly Wage
Average Hourly Wage
Customer Service Representative First-Line Supervisors/Managers of Retail Sales Workers Management Occupations
$10.75 $11.30 $28.38
$16.70 $20.55 $54.61
Source: WA State Employment Security Department (March 2011)
REGIONAL EDUCATION FOCUS The Portland-Vancouver metro area offers a wide range of excellent educational opportunities for the manufacturing industries. There are 25 public and private colleges and universities in the area offering professional and technical degrees. The region boasts four community colleges: Clackamas Community College in Oregon City; Mt. Hood Community College in Gresham; Clark College in Vancouver, Washington; and Portland
Manufacturing Opportunities in Southwest Washington
WAGES The Clark County Average Annual Wage3 is $43,472. Wages for the Clark County, Washington area are listed below. Additional wage information can be found at the Washington State Employment Security Department website.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
THE COMMUTING LABOR FORCE Nearly 60,000 Clark County residents commute daily to jobs in the Oregon portion of the metropolitan area. The CREDC contracted for a scientific study of this labor pool to determine job and skill characteristics. One of the most important findings is that over 80 percent of Clark County commuters to Oregon are likely to take a Clark County job of equal or less pay if one were available. Thus, even at low levels of unemployment there exists an available labor pool for firms selecting a Clark County location.
Community College (PCC). Combined, the community college systems operate 18 centers and six main campuses, with an annual enrollment of more than 190,000 students. The local community colleges are the center of workforce development activities in the region.
Manufacturing Opportunities in Southwest Washington
Photo courtesy of Washington State University – Vancouver
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
WORKFORCE TRAINING Several options are available to you for workforce training. The Southwest Workforce Development Council (SWWDC) can assist you in developing your new and existing workforce by connecting you with the resources to leverage investment in human capital. Through strong partnerships with Clark College and others, the CREDC can help develop and deliver training that is customized to your needs and complementary to your company culture. As you grow your workforce, some positions may also qualify for wage subsidies of up to 50 percent of wages for up to six months for on-the-job training.
TAXES The Portland-Vancouver market is in two separate states. Depending upon in which state you locate, you will be required to pay taxes based on that state's tax structure. Determining which tax structure is more favorable to your business requires careful consideration and advice from your tax advisor. Oregon has no sales tax but has individual and business income tax. Washington State does not impose a corporate income tax, unitary tax, or personal income tax, nor does it tax dividends, interest, or capital gains. Washington has a sales tax as well as a business and occupation tax on gross business receipts. Certain tax incentives may apply to reduce business and occupation and sales tax assessments. BUSINESS TAX SUMMARY TABLE TAX
Clark County, Washington
Corporate Excise Tax Personal Income Tax State Business Tax
None None Based on sales for all business activity within the state. Manufacturing tax rate is 0.484% based on gross sales. State & Local Retail Sales Tax 8.2% Real & Personal Property Tax Average rate. $11.03 per $1,000 of assessed value. Unemployment Insurance Tax Average 3.26% on the first $37,300 in wages. Industrial Insurance Rates are based on business classification and experience. (Worker’s Compensation) Average Misc. Manufacturing $0.7582 per worker hour.
Unemployment Insurance Washington provides a high level of benefits to workers – among the top third in the nation. Employers pay taxes on the first $37,300 of a worker’s wages. The average tax rate is 3.26 percent. The rates vary depending on the employer’s rate class.
INFRASTRUCTURE Electrical Power The primary electric power supplier in Clark County is Clark Public Utilities, a public power company. The utility is a cost of service provider and offers some of the most competitive power prices in the United States. In addition, given the density of manufacturing investment in their service areas, the utility has a great deal of experience with dealing with the power quality and dependability issues important to manufacturers. Clark Public Utility’s average rate is $0.063 per kWh.
Manufacturing Opportunities in Southwest Washington
Workers’ compensation rates are based on business classification and experience. Washington is the only state with Worker's Compensation tax rates based on the hour worked rather than per $100 wages paid. Therefore, there is not an inflationary increase built into the system when wages increase. Insurance is not paid for hours the worker is off the job including sick leave, vacation or holiday hours, and leaves of absence.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
Industrial Insurance Rates (Workers’ Compensation)
Clark Public Utilities - Industrial Schedule 85 Energy Charge Sep - Mar Energy Charge (per kWh): $0.0489 Apr - Aug Energy Charge (per kWh): $0.0436 Demand Charge
Transmission (per kW): $4.54 Primary Delivery (per kW): $5.88 Secondary Delivery (per kW): $6.69
Water & Sewer
Volume Charge
Commercial: Industrial:
$1.27/ccf $1.32/ccf
Sewer Rates (City of Vancouver) Volume Charge Commercial: $4.23/ccf Industrial: $4.38/ccf Electronics: $3.22/ccf LIVABILITY Both businesses and their employees will enjoy the high standard yet low cost of living in Clark County, Washington. The ACCRA Cost of Living Index measures differences between areas in the cost of consumer goods and services, excluding taxes and nonconsumer expenditures. Vancouver’s cost of living (95.2) is below the national average (100) and among the lowest on the West Coast for second quarter 2010.
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
Water Rates (City of Vancouver) Monthly Base Charge Meter Size Charge a. 5/8 x 3/4 $5.23 b. 3/4 inch $6.92 c. 1 inch $10.57 d.1-1/2 inch $19.67 e. 2 inch $30.47 f. 3 inch $55.86
Manufacturing Opportunities in Southwest Washington
The cities provide sewer and water service to residents within incorporated areas and some unincorporated areas of the County. The Clark Regional Wastewater District also provides sewer service to unincorporated areas, and Clark Public Utilities provides some water service. The CREDC will work with you to calculate specific cost estimates once the company has narrowed its site options and provide more specific information concerning water and sewer needs.
City Denver, CO Sacramento, CA San Francisco, CA Portland, OR Tacoma, WA Seattle, WA Vancouver, WA
Composite Index 103.4 116.2 152.5 113.0 109.9 120.2 95.2
Clark County and its communities of Battle Ground, Camas, Ridgefield, Vancouver and Washougal offer a diversity of lifestyles ranging from metropolitan to suburban. The median sale price of a home in Clark County was $213,200 in third quarter 2010.
Manufacturing Opportunities in Southwest Washington
COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL
Clark County offers a number of recreational opportunities including federal, state, county and city parks, trails and wildlife areas. The Clark County Fair and the Fourth of July Festival are just two cultural events that the County offers. Portland’s metropolitan conveniences are just minutes away.
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