From tax rates to transportation, the business climate in Northeast Indiana is one of the best in the nation. In many categories, the statistical data for the state places it near or at the top of the list in favorability. For example, Indiana ranks highest in Overall Rank and Corporate Tax Index Rank among the five-state Midwest Region that includes Illinois, Indiana, Kentucky, Michigan, and Ohio.
View the Tax Foundation report: http://www.taxfoundation.org/taxdata/show/1371.html
The cost of doing business is another significant factor in deciding on the right location for your business. Indiana has some of the lowest business costs in the nation, with the lowest Workers’ Compensation rate and the lowest Unemployment Insurance in the Midwest. Energy costs account for a significant portion of many companies’ expenses. Indiana has one of the lowest price rates for electric energy in the nation with an Average Price of Electricity at 4.13 cents/kWh. Click on the links below for a full breakdown and comparison of the Cost of Doing Business on a state by state and region by region basis. Unemployment data is also listed.
Additionally, Northeast Indiana is an ideal business location for companies in need of a superior transportation network. Major highways and interstates in the region include I-69, the Indiana East-West Toll Road, and US highways 30 & 24. The Fort Wayne International Airport is available for all your air travel needs, and extensive rail infrastructure is already in place throughout the region. Whether your business utilizes transportation or you are merely interested in ease of travel and commutes, Northeast Indiana is ready to meet your needs.