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