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Norman Oklahoma 2008

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Norman Oklahoma 2008 NORMAN OKLAHOMA 2008 economic abstract population t a x e s transportation l a b o r i n c o m e h o u s i n g education business resources healthcare quality of life a r t s & entertainment p o p u l a t i o n t a x e s transportation l a b o r i n c o m e h o u s i n g e d u c a t i o n business resources h e a l t h c a r e quality of life arts & entertainment population t a x e s transportation l a b o r Norman, Oklahoma is a special place… With a rich history beginning in 1889, Norman is home to the state’s premier research university, the University of Oklahoma, and is a part of the dynamic Oklahoma City metropolitan area with over 1 million residents. Norman is a community that deeply cares for its citizens with programs like Food for Friends, The Center for Children and Families, Health For Friends, and the list goes on, all supported by our successful United Way programs. Norman Regional, a premier municipal hospital, is building a new campus offering the very best in healthcare. Our community offers job opportunities in a wide range of companies such as Astellas Pharma, Hitachi, Johnson Controls, National Oceanic and Atmospheric Administration (NOAA), Sitel, OfficeMax, and Chickasaw Nation Industries. Norman is a diverse community with a rich history. We love calling Norman home, and I think you will too. Cindy Rosenthal Mayor POPULATION BY RACE POPULATION BY AGE 3.9% 1.3% 85 years and over 1.3% 4.2% 1,264 3.1% 80 - 84 years 1.4% 1,362 5.0% 75 - 79 years 2.1% 2,043 70 - 74 years 2.2% 2,140 82.5% 65 - 69 years 2.6% 2,529 population 60 - 64 years 4.1% 3,988 55 - 59 years 5.0% 4,864 50 - 54 years 5.6% 5,448 45 - 49 years 7.5% 7,296 40 - 44 years 5.1% 4,961 35 - 39 years 6.5% 6,323 White Asian 30 - 34 years 6.5% 6,323 Black or African American Two or More Races 25 - 29 years 9.4% 9,145 American Indian/ All Other Races Native American 20 - 24 years 16.1% 15,663 15 - 19 years 9.0% 8,755 POPULATION BY GROWTH 10 - 14 years 5.4% 5,253 120,000 5 - 9 years 5.1% 4,961 Under 5 years 5.2% 5,058 100,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 2 4 6 8 0 2 4 6 8 1 1 1 1 1 80,000 60,000 POPULATION BY GENDER 40,000 48,423 48,865 20,000 52,117 68,020 80,071 95,694 107,690 109,323 111,357 49.80% 50.20% 0 1970 1980 1990 2000 2005 2006 2007 Female Male YEAR 2 The Oklahoma Quality Jobs Program Employee Training for Industry This incentive program provides quarterly cash The Oklahoma Department of Career and Technology payments of up to 5% of newly created gross Education (Career Tech) assists qualifying businesses taxable payroll to a qualifying company. A fully by paying for training for employees in newly created executed contract with the Oklahoma Department jobs. Training can be done at one of 54 Technology taxes of Commerce must be in place before any new direct Centers, including Moore Norman Technology Center job’s salaries are included in the new taxable payroll. (www.mntechnology.com) here in Norman, or at Payments are made quarterly for three years and the company’s facility. Training agreements include if thresholds are achieved, they may extend for an instructor costs. Program services are determined additional seven years. by the number of new jobs created in targeted industries, wage rates, and benefits provided. Small Employer Quality Jobs Incentive Act This program provides annual cash payments to a qualifying company. The payments may reach as much as 5% of new taxable payroll and last for up to seven years. Property Tax (Ad Valorem) Ad Valorem Tax Exemptions New and expanding qualifying manufacturers, City $ 5.51 County $ 21.07 research and development companies, certain Public School $ 67.08 computer services, and data processing companies Technology Schools $ 14.38 with significant out-of-state sales and aircraft repair Total $108.04 and distribution companies may be eligible for ad Valuation is 12% of Fair Market valorem exemptions for up to five years. Value Per thousand of assessed value Sales Tax Exempt Inventory State of Oklahoma 4.5% Oklahoma’s Freeport Law exempts goods, wares, and City of Norman 3.0% merchandise from taxation which come from outside the state and leave the state within nine months Income Tax where such goods, ware, and merchandise are held Personal Income Tax 5.65% maximum for assembly, storage, manufacturing, processing, or Corporate Tax Rate 6% maximum fabricating purposes within the state. 3 Conveniently located in the heart of the nation, Will Rogers World Airport Norman is the perfect hub for companies serving Distance from Norman: 20 miles markets on both coasts. Norman is located on I-35, Major Airlines: American, American Eagle, Champion, and is intersected by U.S. Highway 77 and State ComAir, Continental, Delta, Frontier, Southwest, Highway 9. Norman is just 17 miles south of I-40 and United, America West, ExpressJet I-44. Major Freight Carrier Services: Airborne Express, Integrated Airline Services, FedEx, UPS, BAX Global, Norman is also served by its own municipal airport, Evergreen Eagle, USPS Max Westheimer Airport, which meets the needs of business executives and recreational pilots alike. The Railroad airport has Medium Intensity Runway and Approach Norman is on the main line of the Santa Fe/ Lights with Visual Approach Slope Indicators serving Burlington Northern Railroad. It is also a stop on the transportation all runways. The airport and its facilities are capable AMTRAK Heartland Flyer between Oklahoma City of serving executive jet aircraft. The control tower and Fort Worth, Texas. operates seven days a week from 8 a.m. to 10 p.m. AV Gas and Jet A are available from 6 a.m. to 10 Public Transportation p.m. FBO is provided by Cruise Aviation Association The Cleveland Area Rapid Transit (CART) Service Inc., which sells fuel and performs aircraft repair. A provides public transportation in and around flight school is provided through the University of Norman and links the service to Oklahoma City. Oklahoma Aviation Division. Greyhound Lines Inc. provides service to Norman. The Port of Catoosa is the nearest river port, Distance to Major Cities approximately 100 miles away. Dallas 189 mi. Denver 694 mi. Little Rock 344 mi. New Orleans 710 mi. Kansas City 367 mi. Chicago 811 mi. Houston 429 mi. Atlanta 859 mi. St. Louis 516 mi. Los Angeles 1,348 mi. Albuquerque 562 mi. New York 1,467 mi. NORMAN TRAFFIC COUNTS N Tecumseh & I-35 Porter & Alameda 1 5 Franklin Rd 5,578 - 75,500 vpd 14,922 - 19,524 vpd N Flood Ave Robinson & 36 Ave NW Alameda & 12th E 2 6 Tecumseh Rd 17,833 - 24,517 vpd 14,626 - 29,447 vpd 1 36th Ave W 36th Ave Robinson & I-35 Lindsey & I-35 3 7 Rock Creek Rd 24,517 - 68,400 vpd 24,192 - 66,300 vpd I-35 Porter Ave Porter 4 Main & 36th Ave NW vpd = vehicles per day 17,833 - 29,078 vpd Robinson St 2 3 Main St Alameda St 4 5 6 12th Ave E 12th Ave Lindsey St 7 Berry Rd Classen Blvd 4 Emerging Employers Employment Distribution Chickasaw Nation Industries (CNI) 150 RiskMetrics Group 80 Management $22.66 Albon Manufacturing 60 Business and Financial $14.17 SouthWest NanoTechologies, Inc. 22 Education, Training & Library $20.68 labor Immuno-Mycologics 12 Art, Design, Entertainment, Sports & Media $12.52 Health Care Practitioners and Technical $11.87 Health Care Support $ 8.12 Major Employers Food Preparations and Serving-related $ 7.94 Building & Grounds Cleaning and Maintenance $ 6.75 The University of Oklahoma 10,912 Protective Service $10.83 Norman Regional Hospital 2,800 Sales and Related $11.84 Norman Public Schools 1,920 Office & Administrative Support $ 9.27 Riverwind Casino 1,500 Construction and Extraction $13.41 York International 1,147 Installation, Maintenance, and Repair $ 8.99 City of Norman 746 Production $12.50 US Postal Service-National Center 462 Transportation $ 7.91 for Employee Development Hitachi Computer Products 450 Number of workers unemployed wanting to work: 4,304 Griffin Memorial Hospital 425 Number of workers underemployed: 12,131 National Oceanic & Atmospheric 400 Administration (NOAA) Oklahoma Veterans Center, Norman 360 SYSCO Food Services 335 SITEL 300 Office Max 253 AT&T 250 Moore-Norman Technology Center 230 Astellas Technologies 200 Southwestern Wire 135 Hiland Dairy 101 Harold’s 100 Weathernews 93 C&C Trailers 60 UNEMPLOYMENT RATE 7% 6% 5% Norman 4% E Oklahoma T A R 3% U.S. 2% 1% 4.3% 4.8% 4.8% 5.6% 4.3% 5.0% 4.3% 4.4% 3.9% 4.0% 4.1% 4.2% 5.8% 6.0% 5.5% 5.1% 4.6% 4.7% 0% 2002 2003 2004 2005 2006 2007 YEAR 5 Shopping Retail Locations Sq. Footage Sooner Mall Robinson’s Crossing 84,453 More than 70 local and national retailers and Sooner Fashion Mall 447,574 delicious restaurants located under one roof. Anchor Brookhaven Village 159,202 Parkway Plaza 275,118 stores include Abercrombie & Fitch, American Eagle, University Town Center 2,000,000 income Dillard’s, Eddie Bauer, Express, Gap, J.C.
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