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Reasons to Invest
Jasper County and the State of Indiana understand the importance of cultivating a business climate that ensures success. Their commitment to a stable and favorable tax and regulatory environment is designed to stimulate growth and investment. In fact, Indiana ranks 4th in the nation for job creation and economic growth and maintains a business enviornment superior to neighboring states.
| COST OF DOING BUSINESS | Illniois | Indiana | Michigan |
|---|---|---|---|
| Corporate Income Tax Rate | 9.5% | 8% | 6% |
| Personal Income Tax Rate | 5% | 3.4% | 4.35% |
| Sales Tax Rate | 6.25% | 7% | 6% |
| Property Tax Index | 44 | 11 | 30 |
| Unemployment Insurance New Employers | 3.8% | 2.5% | 2.7% |
| Workers Compensation Preminum Rank | 49 | 2 | 30 |
| Average Industrial Electricity $/kWh | $.0612 | $.0637 | $.0738 |
| Median Annual Wage | $35,090 | $30,888 | $33,821 |
Today, Jasper County is:
The leading agriculture producing county in the state with the market value of product sold in 2007 at $293,544,000;
Home to a strong industrial base with a mix of manufacturing and processing, distribution and logistics, and R&D related companies;
Growing in the northern portion of the County as businesses and residents relocate from urbanized areas in Chicago and northwest Indiana;
| AGRICULTURAL PRODUCTION | |
|---|---|
| Crops | $147,418,000 |
| Livestock & Poultry |
$146,126,000 |
| Total Value | $293,544,000 |
Growing in the central and southern portions of the County as businesses establish or expand facilities to take advantage of the outstanding work force, excellent transportation access, and competitive operating costs;
Prosperous and committed to responsible economic growth through business, residential, and institutional expansion and attraction.