Membership in the Streetsboro Area
Chamber of Commerce is an investment
in the future of your
business in the Streetsboro Area!
Starting a Business in Streetsboro
Streetsboro is a community where many small and medium sized companies employing between 50 to 500 employees flourish. It is an ideal location for the small business that represents a high percentage of the area's manufacturing capacity. The City of Streetsboro established Enterprise Zones in 1989. Enterprise Zones enable Streetsboro to negotiate real property taxes for a 10-year period.
Streetsboro has also recently acquired a segment of Foreign Trade Zone 181. The main objective of the Foreign-Trade Zone program is the creation and retention of jobs through increased export activity. Companies use foreign trade zones to maintain the cost competitiveness of their U.S. based operations vis-à-vis their foreign-based competitors. Zone status provides an opportunity to reduce certain operating costs associated with a U.S. location that are avoided when operating from a foreign site.
In addition to its Enterprise Zones, Streetsboro with a population of 16,028 is the second largest City in Portage County and is one of the fastest growing communities in Ohio. Streetsboro has increased its population more than 30 percent from 2000 to 2010. According to the 2010 U.S. Census, Portage County has a total population of 161,419. The City also is among the best connected suburbs in Northeast Ohio, with exits for both the Ohio Turnpike and Interstate 480 in town, in addition to three other state routes. Streetsboro is 30 miles from Cleveland and 20 miles from Akron.
The City of Streetsboro
Market Facts and Amenities
- Home to National and International Corporate Headquarters
- 32% of all industry is manufacturing
- Lowest Property Rates in Portage County
- More than 42 restaurants
- 9 hotels providing ove 550 rooms
- Streestboro is centrally located to Cleveland, Akron and Youngstown.
- We are within 40 minutes of 3 major airports
- Cleveland Hopkins
- Akron Canton
- Youngstown Municipal
- Access to 5 Major Interstates
- Industrial Users have access to Rail
- Wheeling and Lake Erie
- Located within a 5 hour drive of 47% of the US population.
- 3 Industrial Parks
- 2 Largest in Cleveland area as reported by Crain's Cleveland Business
- Busiest Intersection in Portage and Summit County
- Route 43 and Route 14 hosts 53,980 cars per day
- 2nd busiest section of roadway in Portage and Summit County
- I-480 to Route 303 West hosts 32,730 cars per day
- Annual Road Program maintains main thoroughfares
- City owned and operated water system
- Access to state-of-the-art utilites, technology and safety forces
- Award-winning healthcare facilities within the region
- University Hospital
- Robinson Memorial
- Cleveland Clinic
- 3 city parks with 261 acres of active and passive recreation
- 16,028 according to the 2010 census
- Housing: 5,197 units - within 1-3 miles; 9,309 units within 3-5 miles
- Median Income per household
- $71,758 within 1-3 miles; $105,283 within 3-5 miles
- Class 1 property tax rate 2.9%
- Payroll Tax - 2%
- Bed Tax - 6%
- State/County Sales Tax - 6.75%
- Ranked most affordable community by The Rockmill Affordability Index 2013
- $12 million investment in Frost Road corridor over the next 5-8 years
- $4 million investment in 1.5 million gallon water storag facility and new water lines
- $2 million investment in Streetsboro raodways over the last 2 years
- 39% of those over 25 years of age have advanced degrees
- Master's of Professional Degree
- Wait Primary School
- Campus Intermediate Elementary
- Streetsboro Middle
- Henry Defer Intermediate
- Streetsboro High School
Colleges and Universities
- Kent State University Main Campus
- Kent State Extension Twinsburg
- Hiram College
- The University of Akron Main Campus
- Cleveland State
- Youngstown State
Joint Vocational (near Streetsboro)
- Maplewood Career Center
- Fortis College
- Northeast Ohio Medical
- Western Reserve School of Cooking
Aurora: Less than ten minutes via St Rte 43, Aurora is home to an extensive outlet mall and a variety of other shopping and dining opportunities.
Cleveland: Less than an hour via State Route 14, Cleveland offers big city attractions that you can enjoy without having to live in a cramped and hassled city environment.
Kent: Less than fifteen minutes south along State Route 43, Kent offers shopping, dining and entertainment. Additionally, Kent is home to Kent State University, which has a variety of activities, programs, and services available to the community.
Ravenna: Less than fifteen minutes via State Route 14, Ravenna is the county seat and houses many government and community services.