COST OF DOING BUSINESS

The City of Piqua and the Dayton Region benefit from a lower-cost business climate.

These lower costs begin with substantially lower business taxes as a result of significant tax reform over the past six years.  This reform included the elimination of personal property, corporate income and franchise taxes. The new Commerical Activities Tax has benefitted manufacturers and distribution operations by lowering the taxes these businesses pay in the State of Ohio.  As a result, Ohio's comparable ranking to its competitors have dramatically improved with the implementation of the state's five-year tax reform plan, the State of Ohio has become even more competitive, not only when compared with coastal markets, but also among the states which Ohio routinely views for new business investment. Learn more about Tax Reform in Ohio.

At the regional level, the area's access to markets via I-70 and I-75 also means companies can reach more customers and more suppliers more quickly.  The community is located 20 miles north of the intersection of I-70 and I-75, which is one of the most highly-travelled intersections in the United States.  In fact, the Dayton Region is within 600 miles of 61% of the U. S. of 61% of the United States population and 63% of the nation's manufacturers, providing short commutes to your markets.

The region also benefits from a low cost of living.  The Dayton Metropolitan Statistical Area consistently has a Cost of Living Index nearly 10% below the national average.

Piqua also has advantages for businesses looking to locate or expand in the community.  From affordable land and buildings to our low-cost Piqua Muncipal Power System, businesses large and small and invest in the community with confidence.  A recent study by the Piqua Municipal Power System found commerical and industrial customers in the community benefit from rates around 20% less than those customers served by investor-owned utilities.