Labor & Operating Costs

In Northeast Indiana we’ve outpaced other regions of the country in job creation and economic development by building an environment that’s better for business—your business. With one of the nation’s top tax climates and best regulatory environments, we’ve systematically created a setting for success in Fort Wayne and surrounding counties. Paired with an affordable labor force of both skilled and educated workers, as well as below-average operating costs, Northeast Indiana is a top contender for those looking to start or expand their business.

Business-Friendly Regulatory Environment

In 2012, Indiana became the first state in more than a decade to pass right-to-work legislation. This allows for greater freedom for businesses by increasing the economic opportunities in an increasingly globalized, competitive marketplace.

Low Operating Costs

The cost of living in Northeast Indiana is low, and so is the cost of business. Northeast Indiana’s affordable housing, infrastructure, and abundant natural resources are a valuable cost incentive for businesses. The money saved on operating costs is often a powerful deciding factor for businesses looking to call Northeast Indiana home.

Northeast Indiana is a top contender for those looking to start or scale their business.

Skilled, Educated Workforce

Northeast Indiana’s diverse target industries make for a dependable and reliable workforce. The Fort Wayne area has a large skilled and educated workforce, with high employment concentrations in defense and high-tech communications, food processing, insurance, logistics, medical devices, and vehicle manufacturing.

As a region, we are committed to improving the educational and career outcomes for children and adults throughout our area. Our goal, the Big Goal, is to increase the number of residents in Fort Wayne and the surrounding area with a high quality degree or credential to 60 percent by 2025. The Big Goal Collaborative is a group of regional educators, community partners, businesses, civic leaders, and other people passionate about educational attainment. They are giving their time to create system-wide change in education in Northeast Indiana.

By the Numbers

Monthly Labor Rate

Source: U.S. Bureau of Labor Statistics, December 2015; information seasonally adjusted by the Community Research Institute at IPFW

Labor Force Data

Source: U.S. Bureau of Labor Statistics, 2015

Private Average Annual Wage & Employment By Industry

Source: U.S. Bureau of Labor Statistics, 2015

Employment and Average Wages By Occupation

Source: U.S. Bureau of Labor Statistics, 2015

Educational Attainment

Source: U.S. Census Bureau, 2014 5 yr. ACS Estimate

In Northeast Indiana we’re strengthening our local economy by building an environment that’s good for business—your business. Contact us today to learn more about how we can help you start or expand your business.

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