WILLIAMSON 101
- NASHVILLE’S SUBURBAN OFFICE MARKET -
Nashville
Williamson County
- 2014 Easiest US County to Live in - Williamson County #10
- 2014 Fastest-growing American Cities - Franklin #14
- New York Times
- Washington Post
- 2012, 2013 & 2014 Best High Schools in Tennessee
- 2014 Top 10 Best Cities for Kids - Brentwood #7
- US News & World Report
- Livability.com
- 2012, 2013 & 2014 Most Business Friendly City in Tennessee
- 2013 Top Booming Suburbs in America - Brentwood #7
- Beacon Center of Tennessee
- Coldwell Banker
- #1 in Land Trust Preservation in TN 2013 - Williamson County
- 2014 Greatest Southern Towns - Franklin #1
- Land Trust for Tennessee
- Garden & Gun
Where STRATEGIC Growth is the Point.
With a highly educated workforce, an excellent public school system 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 52 percent of residents with a bachelor’s degree. Of those, 17 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.
Williamson, Inc. Economic Development
5005 Meridian Boulevard, Suite 150, Franklin, TN 37067 | 615.261.2880
Matt Largen, Williamson, Inc. President & CEO - @MattLargen
Amanda Murray, VP of Economic Development - [email protected]
ECONOMY
Top Private Sector Employers
- COMMUNITY HEALTH SYSTEMS 4300 EMPLOYEES
- UNITED HEALTH GROUP
- 750 EMPLOYEES
700 EMPLOYEES 628 EMPLOYEES
11 12 13 14 15
12345
- Healthcare - Franklin, TN
- Healthcare - Brentwood, TN
- VANDERBILT MEDICAL GROUP
- 3600 EMPLOYEES
1600 EMPLOYEES 1449 EMPLOYEES 1160 EMPLOYEES
MEDSOLUTIONS
- Healthcare - Franklin, TN
- Healthcare - Franklin, TN
- NISSAN NORTH AMERICA
- MARS PETCARE
- Retail - Franklin, TN
- Automotive - Franklin, TN
- WILLIAMSON MEDICAL CENTER
- FRANKLIN AMERICAN MORTGAGE 550 EMPLOYEES
- Financial Services - Franklin, TN
- Healthcare - Franklin, TN
HEALTHWAYS
Healthcare - Franklin, TN
- AT&T
- 500 EMPLOYEES
Retail - Brentwood, TN
- VERIZON WIRELESS
- 1000 EMPLOYEES
875 EMPLOYEES 824 EMPLOYEES
- DAVITA
- 470 EMPLOYEES
450 EMPLOYEES 425 EMPLOYEES 400 EMPLOYEES 380 EMPLOYEES
16 17 18 19 20
67
- Communications - Franklin, TN
- Healthcare - Brentwood, TN
COMDATA
Financial Services - Brentwood, TN
AFFINION GROUP
Marketing/Advertising - Franklin, TN
TRACTOR SUPPLY COMPANY
Retail - Brentwood, TN
OZBURN-HESSEY LOGISTICS
Distribution/Logistics - Franklin, TN
8
FORD MOTOR CREDIT
Financial Services - Franklin, TN
750 EMPLOYEES 750 EMPLOYEES
BROOKDALE SENIOR LIVING
Healthcare - Brentwood, TN
9
HEALTHTRUST
Healthcare - Brentwood, TN
LEE COMPANY
Services - Franklin, TN
10
Taxes
County Property Taxes: Individual Income Tax: Sales and Use Tax: Corporate Excise Tax: Franchise Tax:
$2.31 per $100 assessed property value None on wages and salaries; 6% on certain types of dividend and interest income State 7%; local option 2.25% with maximum $1,600 per single article of tangible personal property 6.5% on net earnings 0.25% of the greater of net worth or real and tangible property in Tennessee None on finished goods inventory
Inventory Tax: Unemployment Insurance Tax:
Taxable wage base: $9,000; New employer rate: 2.7%; Experienced employer rate: 1.1% - 10.6%
Local Gross Receipts Tax:
Varies from 0.125% - 0.16% of 1%; Exempts manufacturers and certain professionals
WORKFORCE
Median Earnings
Management
Commuting Patterns
$86,316 $82,819 $77,647 $73,655 $72,217 $62,086 $60,995
Legal Healthcare Practitioners Computer Occupations Architecture & Engineering Life, Physical & Social Sciences Business & Financial
5.55%
34.69%
Arts, Entertainment, Sports & Media $45,075 Installation, Maintenance & Repair $42,040
7.02%
Community & Social Services Construction
$40,718 $38,837 $38,452 $35,532 $34,858 $32,760 $32,324 $30,077 $28,967 $21,466 $19,009
2.76%
Education Sales
2.66%
Office & Administrative Protective Services Production
27.74%
*Percentage based on place of residence workforce
Source: U.S. Census Bureau, 2006-2010 American Community Survey (retrieved Jan 2014)
Transportation Healthcare Support Personal Care & Service Food Prep & Serving
• 54.53% of the labor force live and work in Williamson County • 28 minutes is the average travel time to work • 28,910 residents commute to Davidson County to work • 23,027 Davidson County residents commute to Williamson County to work
FACT: There are three times more management jobs in Williamson County than the national average.
DEMOGRAPHICS
Population by Age
Under 20 years old 20 - 39 years old 40 - 64 years old 65+ years old
30.7%
51%
of the population is female
198,501
Williamson County population
20.6% 37.7% 11.0%
$63,176
average earnings
1,726,693
Nashville MSA population
$1,842
Population by Ethnicity
Asian
median property taxes
38.3
median age
3.30% 85.7% 4.60% 4.80% 0.20%
3%
White
66,726
of Tennessee’s population households
Black Hispanic
79%
owner occupied housing
American Indian or Alaskan Native
$375,000
median home sale price
Employment By Industry
EDUCATION
- 95%
- 52%
- 17%
- of the population has a high
- of the population has a
- of the population has a
- Bachelor’s degree or higher
- Graduate degree or higher
school diploma or higher
- 2013 High School Graduation Rates
- Pipeline of Future Employees
Williamson County Tennessee
93.8 % 86.3 %
88,398 students
24 four-year universities and colleges in the greater Nashville area
32,103 students
8 community colleges in the greater Nashville area
2013 ACT Composite Scores
9,095 students
Williamson County Tennessee US
23.4 19.1 20.9
14+ career colleges in the greater Nashville area
2014 HIGHEST PERFORMING SCHOOL DISTRICT IN THE US SERVING 20,000+ STUDENTS
SchoolDigger.com, May 2014
ACCESS
30 minutes from the Nashville International Airport.
400 flights per day, 88 direct served markets, 48 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.
QUALITY OF LIFE
Who’s Moving Here
Coeur d’Alene, ID
500+
300 - 499
Minneapolis, MN
200 - 299 100 - 199
90 - 99
Detroit, MI
Chicago, IL
Columbus, OH
Indianapolis, IN
San Fransisco, CA
St Louis, MO
Evansville, IN
Richmond, VA
Lexington, KY
Las Vegas, NV
Los Angeles, CA
Phoenix, AZ
Charlotte, NC
80 - 89 60 - 79
Jacksonville, NC
Little Rock, AR
Senatobia, MS
Birmingham, AL
Atlanta, GA
Dallas, TX
Jackson, MS
Orlando, FL
Tampa, FL
Source: U.S. Census Bureau, 2007-2011 5-year American Community Survey
Ft. Lauderdale, FL
Cost of Living - national average $100
Weather
- Nashville-Franklin, TN
- $88
$93 $95 $96
July Average High
89°
Annual Average Precipitation
59.5”
Austin, TX
Annual Average Snowfall
8.2”
Atlanta, GA
- January Average Low
- Annual Relative Humidity
47°
70%
Charlotte, NC