East Valley profile – Business Community

 

Business Community
You are in good company

Whether you are a knowledge-driven company, a technology entrepreneur or a basic manufacturer, you will find yourself in good company. The East Valley has a strong corporate base that employs almost 900,000 people. It ranks as one of the largest suburban employment centers in the Southwest United States.

Labor Pool
Aviation & Aerospace

US Airways Corp.

Boeing

Phoenix-Mesa Gateway Airport

Falcon Field

Chandler Airport

Stellar Airpark

Pegasus Airpark

Orbital Sciences

Honeywell

General Dynamics C4 Systems

Lockheed Martin

ArmorWorks

Scottsdale Airport

Advanced Business Services

Verizon Wireless

UPS

FedEx

Rural Metro/SW Ambulance

Empire Southwest

Wells Fargo

Bank of America

Chase

Avnet

CDW

Education

AT Still University

University of Advancing Technology

University of Phoenix

Mesa Community College

Rio Salado College

Chandler Gilbert Community College – Pecos

Chandler-Gilbert Community College – Williams

Mesa Community College – Red Mountain

Chandler-Gilbert Community College – Sun Lakes Center

Central Arizona College – Super stition Mountain Campus

Arizona State University Tempe

Arizona State University Polytechnic Campus

Ottawa University

Western International University

Healthcare & Life Sciences

Banner Desert Medical Center

Banner Baywood Medical Center

Covance

Banner Ironwood Medical Center

Medtronic

Banner Gateway Medical Center

Celebration Stem Cell

Chandler Regional Hospital

Mercy Gilbert Hospital

High-Technology

Intel Corp.

Intel Ocotillo Campus

Marvell Technologies

Freescale Semiconductor

Microchip Technologies

Insight

Go Daddy

Innovation & Entrepreneurship Centers

Gangplank

Innovations Chandler

Innovation & Technology Collaboratory @ ASU Poly

ASU SkySong

ASU Research Park

Biodesign Institute

Retail & Entertainment Centers

Tempe Diablo Stadium

Chandler Fashion Center

SanTan Village

Superstition Springs Mall

Bashas

Town Center Queen Creek

Tempe Marketplace

Scottsdale Fashion Square

Downtown Mesa

Downtown Chandler

Downtown Gilbert

Fiesta Marketplace

Hohokam Stadium

Salt River Fields at Talking Stick

Scottsdale Stadium

Riverview

Rawhide

Arizona Mills

 

The Costs of Doing Business In the East Valley

Labor

 

Mean Wage

$41,930

Unemployment Insurance (cost per employee)

$140

Unionization Rate

6.4%

Right-to-Work State

Yes

   

Real Estate

 

Commercial Lease Rates

 

Office

$21.46/SF

Industrial

$0.70/SF

Median Home Price

$218,042

   

Utilities

 

Electric Rates (per kwh)

 

Commercial*

$0.1014

Industrial**

$0.0675

Natural Gas (per 1000 cubic feet)

 

Commercial

$9.81

Industrial

$5.40

   

Taxes

 

Corporate Income Tax

6.97%

Individual Income Tax (highest bracket)

3.55%

Source: US Bureau of Labor Stats; U.S. Energy Information Administration 2010; National Association of Realtors; unionstats.com; CB Richard Ellis Q3 2010
*500 kw, 180,000 kwh, 50% load factor
**1,000 kw, 650,000 kwh, 90% load factor

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