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News : Pressroom
About Beachwood Chamber of Commerce
Founded in 1991, the Beachwood Chamber of Commerce comprises more than 600 members from Fortune 500 to home-based business, including service industries, light manufacturing, retail, high-tech, biotech and hospitality. Beachwood’s business community includes several Fortune 500 companies among its ranks, but Beachwood is a leader in meeting the needs of its business community no matter how big or how small.
The Chamber connects its members to the community and other businesses through networking events, seminars, monthly luncheons, business shows and major events. The founder of the Northern Ohio Area Chambers of Commerce, it also offers cost-saving benefits such as health insurance, workers’ compensation group plans, credit card processing and more.
About Beachwood
In its 5.25 square miles, there are more than 3,000 businesses, and each day more than 100,000 people come to Beachwood to work, shop and visit. This high-amenity community with low taxes and steadily rising property values is built on strong partnerships between government, schools and the business community. Its diverse business community includes thousands of businesses of all shapes and sizes, including company headquarters, leading retail and outstanding hotels and restaurants.
The award-winning Beachwood City schools serve 1,600 children every year. The district spends the highest per capita per student in the state of Ohio and has one of the lowest student-to-teacher ratios among public and private schools.
Beachwood boasts some of the finest dining in Ohio with many award-winning and critically acclaimed restaurants. People travel from across the region to find some of the finest shopping in a multi-state area. The Beachwood area has more than 2,100 hotel rooms making it a destination point for business and recreation travelers.
Many of greater Cleveland’s business and civic leaders call Beachwood home. All residents enjoy Beachwood’s fine park system, aquatic center, and top-quality recreation program.
City of Beachwood
Beachwood Demographics
- 600-plus members in the Beachwood Chamber of Commerce
- 3,000 businesses in the Greater Beachwood area
- 4.1 million square feet of commercial office space
- 1.2 million square feet of retail space
- 100,000 square feet of industrial space
- 175 commercial buildings
- 2,000 top-notch hotel rooms
- 800+ medical professionals working in the Greater Beachwood area
- Primary industry sectors:
- technology
- biomedical/biotechnical
- medical
- corporate headquarters
- professional services
- hospitality
- wholesale/manufacturer’s reps
| Population | | 2005 | 11,864 | | 2010 | 12,542 |
| Gender (2005) | | Male | 5,227 | 44.1% | | Female | 6,637 | 55.9% |
| Age Distribution (2005) | | 0-4 | 453 | 3.8% | | 5-9 | 616 | 5.2% | | 10-19 | 1,423 | 12.0% | | 20-29 | 593 | 5.0% | | 30-39 | 1,011 | 8.5% | | 40-49 | 1,667 | 14.1% | | 50-59 | 1,640 | 13.8% | | 60-64 | 627 | 5.3% | | 65+ | 3,834 | 32.3% |
| Race Distribution (2005) | | White | 9,814 | 82.7% | | Black | 1,413 | 11.9% | | American Indian | 14 | 0.1% | | Asian | 468 | 3.9% | | Pacific Islander | 1 | 0.0% | | Other | 21 | 0.2% | | Multiracial | 133 | 1.1% | | Hispanic | 101 | 0.9% |
| Households (2005) | | Households | 5,022 | 100% | | Families | 3,007 | 59.9% |
| Household Income Distribution (2005) | | < $10K | 285 | 5.7% | | $10-$20K | 419 | 8.3% | | $20-$30K | 338 | 6.7% | | $30-$40K | 337 | 6.7% | | $40-$50K | 499 | 9.9% | | $50-$60K | 311 | 6.2% | | $60-$75K | 414 | 8.2% | | $75-$100K | 646 | 12.9% | | > $100K | 1,773 | 35.3% |
| Household Net Worth (2005) | | < $0 | 496 | 9.9% | | $1-$5000 | 561 | 11.2% | | $5-$10K | 303 | 6.0% | | $10-$25K | 576 | 11.5% | | $25-$50K | 659 | 13.1% | | $50-$100K | 865 | 17.2% | | $100-$250K | 1,081 | 21.5% | | $250-$500K | 462 | 9.2% | | > $500K | 273 | 5.4% |
| Labor Force Status (2005) | | Labor Force | 5,051 | 100% | | Employed | 4,935 | 97.7% | | Unemployed | 116 | 2.3% | | In Armed Forces | 0 | 0.0% | | Not In Labor Force | 4,797 | — |
| Number of Housing Units (2005) | | Total Units | 5,538 | 100% | | Occupied Units | 5,022 | 90.7% | | Owned Units | 3,086 | 61.4% | | Rented Units | 1,936 | 38.6% |
| Levels of Education (2005) | | People age 25+ | 9,079 | 100% | | < Grade 9 | 152 | 1.7% | | Grade 9-12 | 464 | 5.1% | | High School | 2,153 | 23.7% | | Some College | 1,360 | 15.0% | | Associate Degree | 420 | 4.6% | | Bachelor Degree | 2,297 | 25.3% | | Graduate Degree | 2,233 | 24.6% |
| Household Size (2005) | | 1 person | 1,918 | 38.2% | | 2 people | 1,842 | 36.7% | | 3 people | 512 | 10.2% | | 4 people | 506 | 10.1% | | 5 people | 191 | 3.8% | | 6+ people | 43 | 0.9% |
| Gender (2010) | | Male | 5,088 | 44.1% | | Female | 6,454 | 55.9% |
| Age Distribution (2010) | | 0-4 | 480 | 4.2% | | 5-9 | 595 | 5.2% | | 10-19 | 1,351 | 11.7% | | 20-29 | 769 | 6.7% | | 30-39 | 938 | 8.1% | | 40-49 | 1,514 | 13.1% | | 50-59 | 1,752 | 15.2% | | 60-64 | 712 | 6.2% | | 65+ | 3,431 | 29.7% |
| Race Distribution (2010) | | White | 9,152 | 79.3% | | Black | 1,725 | 14.9% | | American Indian | 19 | 0.2% | | Asian | 536 | 4.6% | | Pacific Islander | 0 | 0.0% | | Other | 15 | 0.1% | | Multiracial | 95 | 0.8% | | Hispanic | 108 | 0.9% |
| Households (2010) | | Households | 4,972 | 100% | | Families | 2,840 | 57.1% |
| Household Income Distribution (2010) | | < $10K | 278 | 5.6% | | $10-$20K | 361 | 7.3% | | $20-$30K | 323 | 6.5% | | $30-$40K | 282 | 5.7% | | $40-$50K | 379 | 7.6% | | $50-$60K | 403 | 8.1% | | $60-$75K | 343 | 6.9% | | $75-$100K | 530 | 10.7% | | > $100K | 2,073 | 41.7% |
| Labor Force Status (2010) | | Labor Force | 4,903 | 100% | | Employed | 4,791 | 97.7% | | Unemployed | 112 | 2.3% | | In Armed Forces | 0 | 0.0% | | Not In Labor Force | 4,690 | — |
| Number of Housing Units (2010) | | Total Units | 5,620 | 100% | | Occupied Units | 4,972 | 88.5% | | Owned Units | 2,924 | 58.8% | | Rented Units | 2,048 | 41.2% |
| Levels of Education (2010) | | Population age 25+ | 8,862 | 100% | | < Grade 9 | 141 | 1.6% | | Grade 9-12 | 437 | 4.9% | | High School | 2,120 | 23.9% | | Some College | 1,149 | 13.0% | | Associate Degree | 451 | 5.1% | | Bachelor Degree | 2,302 | 26.0% | | Graduate Degree | 2,262 | 25.5% |
| Household Size (2010) | | 1 person | 2,062 | 41.5% | | 2 people | 1,799 | 36.2% | | 3 people | 483 | 9.7% | | 4 people | 444 | 8.9% | | 5 people | 153 | 3.1% | | 6+ people | 26 | 0.5% |
Source: Applied Geographic Solutions, Thousand Oaks, California
| Business and Workforce | | Establishments | 2,905 | | Employees | 27,753 |
| Establishments by Size (2005) | | 1-4 employees | 1,622 | 58.1% | | 5-9 employees | 461 | 21.9% | | 10-19 employees | 210 | 10.0% | | 20-49 employees | 132 | 6.3% | | 50-99 employees | 48 | 2.3% | | 100-249 employees | 19 | 0.9% | | 250-499 employees | 12 | 0.6% | | 500-999 employees | 5 | 0.0% | | 1000+ employees | 3 | 0.0% |
| Businesses by Establishment Type (2005) | | Agriculture, Forestry and Fishing | 0 | 0.0% | | Agricultural Services | 3 | 0.1% | | Coal and Ore Mining | 0 | 0.0% | | Oil and Gas | 2 | 0.1% | | General Construction | 23 | 1.1% | | Heavy Construction | 19 | 0.9% | | Food Manufacturing | 1 | 0.0% | | Tobacco Manufacturing | 0 | 0.0% | | Textile Mills | 1 | 0.0% | | Apparel and Textile Manufacturing | 2 | 0.1% | | Lumber and Wood Production | 1 | 0.0% | | Furniture Manufacturing | 3 | 0.1% | | Paper Manufacturing | 3 | 0.1% | | Printing and Publishing | 24 | 1.1% | | Chemicals | 10 | 0.5% | | Petroleum Refining | 0 | 0.0% | | Rubber and Plastics | 2 | 0.1% | | Leather Manufacturing | 0 | 0.0% | | Stone, Glass, and Concrete | 1 | 0.0% | | Metals Fabrication | 5 | 0.2% | | Machinery and Equipment Manufacturing | 23 | 1.1% | | Transportation | 4 | 0.2% | | Travel Services | 8 | 0.4% | | Transport Services | 5 | 0.2% | | Communications | 18 | 0.9% | | Utilities | 1 | 0.0% | | Durables Wholesale | 77 | 3.7% | | Non-Durables Wholesale | 26 | 1.2% | | Building Materials, Hardware and Garden | 9 | 0.4% | | General Merchandise Stores | 5 | 0.2% | | Food Markets | 2 | 0.1% | | Convenience Stores | 0 | 0.0% | | Other Food Stores | 10 | 0.5% | | Auto Dealers and Gas Stations | 7 | 0.3% | | Clothing Stores | 47 | 2.2% | | Furniture Stores | 8 | 0.4% | | Home Furnishings | 14 | 0.7% | | Electronics and Computer Stores | 40 | 1.9% | | Music Stores | 1 | 0.0% | | Restaurants | 33 | 1.6% | | Other Food Service | 7 | 0.3% | | Bars | 0 | 0.0% | | Drug Stores | 4 | 0.2% | | Liquor Stores | 0 | 0.0% | | Specialty Stores | 65 | 3.1% | | Catalog and Direct Sales | 5 | 0.2% | | Banks and Financial Institutions | 141 | 6.7% | | Insurance Carriers | 9 | 0.4% | | Insurance Agents and Brokers | 82 | 3.9% | | Real Estate | 135 | 6.4% | | Hotels and Lodging | 6 | 0.3% | | Dry Cleaning and Laundry | 0 | 0.0% | | Beauty and Barber Shops | 38 | 1.8% | | Other Personal Service | 30 | 1.4% | | Advertising | 23 | 1.1% | | Computer Services | 27 | 1.3% | | Other Business Services | 86 | 4.1% | | Auto Repair/Services | 13 | 0.6% | | Miscellaneous Repair Services | 2 | 0.1% | | Motion Pictures | 8 | 0.4% | | Entertainment and Recreation Services | 30 | 1.4% | | Health and Medical Services | 310 | 14.7% | | Hospitals | 35 | 1.7% | | Legal Services | 167 | 7.9% | | Primary and Secondary Education | 10 | 0.5% | | Colleges and Universities | 3 | 0.1% | | Social Services | 71 | 3.4% | | Child Care Services | 6 | 0.3% | | Museums and Zoos | 0 | 0.0% | | Membership Organizations | 27 | 1.3% | | Professional Services | 231 | 11.0% | | Government | 26 | 1.2% | | Unclassified Establishments | 62 | 2.9% |
| Employees by Occupation (2005) | | Executive, Managers, and Administrators | 2,918 | 13.4% | | Professional Specialty Occupations | 3,447 | 15.8% | | Sales Professionals | 783 | 3.6% | | Technologies and Technicians | 923 | 4.2% | | Sales Workers and Clerks | 2,467 | 11.3% | | Administrative Support Workers | 4,770 | 21.9% | | Technical, Sales, and Administrative: Field Occupations | 10 | 0.0% | | Private Household Service | 0 | 0.0% | | Protective Services | 234 | 1.1% | | Other Services: Site-Based | 2,488 | 11.4% | | Other Services: Field-Based | 166 | 0.8% | | Farming, Forestry, and Fishing | 320 | 1.5% | | Precision, Craft, and Repair: Site-Based | 1,355 | 6.2% | | Construction, Repair, and Mining: Field-Based | 379 | 1.7% | | Machine Operators, Assemblers, and Inspectors | 419 | 1.9% | | Transportation and Materials Moving Workers | 501 | 2.3% | | Handlers, Helpers and Laborers | 477 | 2.2% |
| Employees by Major SIC (2005) | | Agricultural, Forestry, Fishing (SIC 01-09) | 4 | 0.0% | | Mining (SIC 10-14) | 2 | 0.0% | | Construction (SIC 15-17) | 339 | 1.6% | | Manufacturing (SIC 20-39) | 1,899 | 8.7% | | Transportation and Communications (SIC 40-49) | 235 | 1.1% | | Wholesale Trade (SIC 50-51) | 807 | 3.7% | | Retail Trade (SIC 52-59) | 5,122 | 23.5% | | Finance, Insurance And Real Estate (SIC 60-69) | 2,525 | 11.6% | | Services (SIC 70-89) | 10,298 | 47.3% | | Public Administration (SIC 90-98) | 426 | 2.0% | | Unclassified (SIC 99) | 96 | 0.4% |
| Employees by Establishment Type (2005) | | Agriculture, Forestry and Fishing | 0 | 0.0% | | Agricultural Services | 4 | 0.0% | | Coal and Ore Mining | 0 | 0.0% | | Oil and Gas | 2 | 0.0% | | General Construction | 304 | 1.4% | | Heavy Construction | 35 | 0.2% | | Food Manufacturing | 1 | 0.0% | | Tobacco Manufacturing | 0 | 0.0% | | Textile Mills | 9 | 0.0% | | Apparel and Textile Manufacturing | 35 | 0.2% | | Lumber and Wood Production | 5 | 0.0% | | Furniture Manufacturing | 21 | 0.1% | | Paper Manufacturing | 357 | 1.6% | | Printing and Publishing | 259 | 1.2% | | Chemicals | 558 | 2.6% | | Petroleum Refining | 0 | 0.0% | | Rubber and Plastics | 16 | 0.1% | | Leather Manufacturing | 0 | 0.0% | | Stone, Glass, and Concrete | 5 | 0.0% | | Metals Fabrication | 33 | 0.2% | | Machinery and Equipment Manufacturing | 600 | 2.8% | | Transportation | 10 | 0.0% | | Travel Services | 48 | 0.2% | | Transport Services | 134 | 0.6% | | Communications | 42 | 0.2% | | Utilities | 1 | 0.0% | | Durables Wholesale | 709 | 3.3% | | Non Durables Wholesale | 98 | 0.5% | | Building Materials, Hardware and Garden | 854 | 3.9% | | General Merchandise Stores | 1,088 | 5.0% | | Food Markets | 8 | 0.0% | | Convenience Stores | 0 | 0.0% | | Other Food Stores | 138 | 0.6% | | Auto Dealers and Gas Stations | 203 | 0.9% | | Clothing Stores | 608 | 2.8% | | Furniture Stores | 43 | 0.2% | | Home Furnishings | 558 | 2.6% | | Electronics and Computer Stores | 269 | 1.2% | | Music Stores | 9 | 0.0% | | Restaurants | 711 | 3.3% | | Other Food Service | 103 | 0.5% | | Bars | 0 | 0.0% | | Drug Stores | 33 | 0.2% | | Liquor Stores | 0 | 0.0% | | Specialty Stores | 412 | 1.9% | | Catalog and Direct Sales | 85 | 0.4% | | Banks and Financial Institutions | 979 | 4.5% | | Insurance Carriers | 44 | 0.2% | | Insurance Agents and Brokers | 527 | 2.4% | | Real Estate | 975 | 4.5% | | Hotels and Lodging | 425 | 2.0% | | Dry Cleaning and Laundry | 0 | 0.0% | | Beauty and Barber Shops | 213 | 1.0% | | Other Personal Service | 146 | 0.7% | | Advertising | 272 | 1.3% | | Computer Services | 519 | 2.4% | | Other Business Services | 1,084 | 5.0% | | Auto Repair/Services | 54 | 0.2% | | Miscellaneous Repair Services | 2 | 0.0% | | Motion Pictures | 16 | 0.1% | | Entertainment and Recreation Services | 93 | 0.4% | | Health and Medical Services | 1,797 | 8.3% | | Hospitals | 1,008 | 4.6% | | Legal Services | 519 | 2.4% | | Primary and Secondary Education | 379 | 1.7% | | Colleges and Universities | 44 | 0.2% | | Social Services | 2,127 | 9.8% | | Child Care Services | 102 | 0.5% | | Museums and Zoos | 0 | 0.0% | | Membership Organizations | 145 | 0.7% | | Professional Services | 1,307 | 6.0% | | Government | 426 | 2.0% | | Unclassified Establishments | 96 | 0.4% |
Source: Northeast Ohio’s Regional Economic Development Center
Beachwood Tax Rates
- 1.5 percent – Income Tax Rate
- $8.75 per $100 value – Personal Property Tax Rate
- $87.75 per $1,000 value – Real Estate Property Tax Rate
- 3 percent of room rate charge – City Hotel Bed Tax Rate
- 7 percent – Cuyahoga County Sales Tax Rate
Income Tax Facts
- Taxes are collected by R.I.T.A. Income tax forms are available at www.ritaohio.com.
- Tax Rate is 1.5%
- 100% credit for residents working in another municipality
- Tax based on earned income
- Dividends, pensions and interest are not taxed
- Property Tax
- Rate established by city is 4 mills (4 mills = $4/$1000 of assessed value)
- County auditor establishes market value (assessed value = 35% of market value)
- Values are updated every 3 years
- All property is re-evaluated every 6 years
Beachwood Bios
Merle Gorden
Mayor, City of Beachwood
www.beachwoodohio.com/mayor.html
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