Business Resources

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.

Streetsboro Demographics

Streetsboro is located at the intersection of five Ohio major thoroughfares —State Route
14, State Route 43, State Route 303, Interstate 480, and the Ohio Turnpike (I-80), making it easy to get where you want to go.

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. 

• Population 16,028
• Easy access to I-480 the Ohio Turnpike (I-80)
• Incorporated in 1971
• Located in Northeast Ohio in Portage County (161,419 population)
• 2^nd largest city in Portage County
• Located 20 miles from Akron and 30 miles from Cleveland
• One of the fastest growing cities in Northeast Ohio
• Population grew by 30.2% from 2000 to 2010

Estimated Median Household Income:

• Streetsboro: $57,846
• Ohio: $45,395

Estimated Median House/Condo Value:

• Streetsboro: $146,648
• Ohio: $134,600