ZoomProspector :: Find the Right Business Location for Your Company to Grow and Succeed

Labor Force Size

The size of the labor force is the number of people in the community that are currently working or are collecting unemployment. If you need a large number of workers to draw from, then you may require the size of the community's labor force to be larger.

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Bachelors Degree or Higher

Education level can be used to help identify the skill level of the workforce. You may want to use this search if your business typically needs employees with a college education. This variable will show you the proportion of the overall community that has a college education.

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White Collar Workers

White Collar Workers include: Executive, Managers and Administrators, Professional Specialty Occupations, Sales Professionals, Technologies and Technicians, Sales Workers and Clerks, Administrative Support Workers, and Field Occupations for Technical, Sales, and Administrative Workers. If you need to hire workers within these categories, you may want to include this in your search.

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Young and Educated

The most mobile, flexible, and talented workers are those people 25 to 34 years old that have a bachelor's degree or higher according to Joseph Cortright of Impresa Consulting. The presence of these workers, who he calls the 'Young and Restless,' indicates the ability of an area to attract and retain the most talented and footloose workers that will aid the future productivity of the community. These people are often educated, talented, and are more affordable to hire than workers with more years of experience. While his research analyzed metropolitan areas, we use our analysis of all cities and counties possessing over 65,000 people for the 25 to 35 year old age group.

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Higher Education Facilities

Universities and community colleges produce highly trained and specialized workers. Colleges are increasingly becoming the factories which continuously produce talent. Employers that locate near these institutions have easier access to recruiting college graduates, as well as college student interns. You can specify a type of facility (university or community college) that you would like to be near, as well as specify how close you would like to be to that educational facility.

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Household Income (median)

Household income is a measurement of wealth. This is a good tool to identify how much the typical household is making compared to the amount of money your employees or future employees might expect to make to live in the community. It can also be used as a search variable to target your company's products or services to low-income or high-income areas.

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Commute Travel Time

The average time it takes a person to get to work is a measure of quality of life, as it decreases the amount of free time available in the day. Longer or more stressful commutes may impact the worker's productivity. You may want to search for communities with shorter commuting times if you are concerned that your employees will not accept long commutes. The national average commute time in 2007 was 25.3 minutes.

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Nearest Interstate

Some businesses prefer to be near an Interstate. It may provide easier transportation access for your employees for their commute. Other businesses may want to be near an Interstate to more easily serve their customers. For distribution facilities it provides rapid access for trucks to get to and from their destinations more quickly which can be a financial advantage. If you want to have an Interstate in the community enter the number zero.

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Federal Enterprise Community or Empowerment Zone

A Federal Enterprise Community or Empowerment Zone is an area that has been designated for incentives, usually in the form of tax credits, to encourage development in blighted areas. If you are a business that would like to take advantage of such tax relief, you can use this search to determine if a particular community possesses any incentive areas.

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