Our City |
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Whether you are relocating or expanding
your business, Chattanooga is a business
positive city.
Over the past 12 years, the area has
blossomed from a city in steep decline
to one that attracts over 10 million
visitors annually.
Chattanooga's renaissance has
gained national attention for projects
including:
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The Tennessee
Aquarium, the world's largest
freshwater aquarium, which hosts over one million
visitors annually.
Ross's Landing Park and Plaza, which
surrounds the Aquarium and the Tennessee Riverpark,
a system of riverfront trails, fishing piers and
picnic facilities along the 22-mile Tennessee River
corridor in Hamilton County.
Chattanooga's Riverbend Festival,
recognized as one of the top ten festivals in the
country, attracts more than 500,000 people during
its nine-day run.
Chickamauga-Chattanooga National Military Park,
the nation's first and oldest Civil War Battlefield.
The Creative
Discovery Museum, an interactive
children's museum.
Bluff View Arts District
(Chattanooga's "Little Italy"), boasting fine
art galleries and restaurants.
Coolidge Park, a six-acre greensward
centered around an antique carousel on the
revitalized north shore of the River.
The Hunter
Museum of American Art, the
Association for Visual Artists and the many
galleries clustered in the Bluff View Arts District
and near Coolidge Park testify to Chattanooga's rank
as number one in the nation in per-capita giving to
the arts.
Chattanooga Chew Chew Canine Park,
Chattanooga's only dog park.
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Chattanooga
is experiencing a record construction boom and making unprecedented
efforts to boost economic growth. These efforts are not going
unnoticed. In its February 2000 issue, Expansion Management Magazine
named Chattanooga one of the nation's 50 Hottest Cities for
attracting business. A panel of national site selection consultants
ranked Chattanooga 37th, ahead of such cities as Seattle, Chicago
and Orlando. The city received high marks for positive, pro-business
relationships between the public and private sectors, and for the
high quality of life residents enjoy.
Learn more about Chattanooga with the Helpful Links
below. |
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Economy:
Business Count, Employment & Annual Sales
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Chattanooga
MSA Employment (2005 Annual Average) |
| MSA
Labor Force |
251,350
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| Total
Employed |
239,520 |
| Number
Unemployed |
11,830 |
| Unemployment
Rate |
4.7% |
| Source:
www.tennessee.gov |
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Business
& Total Sales in the Chattanooga MSA |
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Business
Count
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| Finance,
Insurance & RealEstate (Fire) |
1,657 |
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| Manufacturing |
1,088 |
|
| Services |
8,360 |
|
| Transportation Communication
& Public Utilities (TCU) |
850 |
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| Retail
Trade |
4,149 |
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| Wholesale
Trade |
1,051 |
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| Construction |
1,931 |
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| Agriculture
and Mining |
504 |
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| Public
Administration |
412 |
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| Non-Classified
Establishments |
809 |
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| TOTAL |
20,811 |
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| Source:
Chattanooga
Chamber website/
Dun & Bradstreet ZapData, Aug. 2005 |
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MSA
Employment |
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TotalEmployed |
| Services |
67,676 |
| Retail
Trade |
35,653 |
| Construction |
11,081 |
| Finance,
Insurance and Real Estate (Fire) |
13,358 |
| Wholesale
Trade |
9,926 |
| Manufacturing
|
36,167 |
| Transportation,
Communication, and Public Utilites (TCU) |
16,086 |
| Agriculture
and Mining |
1,878 |
| Public
Administration |
12,066 |
| Non-Classified
Establishments |
76 |
| TOTAL |
203,967 |
| Source:
Tennessee Statistical Abstract 2003 |
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Chattanooga
is a strategic transportation hub.
Three
interstates meet in Chattanooga (24, 59 and 75).
Atlanta, GA; Huntsville, AL; Knoxville and
Nashville, TN are allwithin 2 to 2 1/2 hour drive from Chattanooga.
The Tennessee River, which serves deep water barge traffic from the
Mississippi and Ohio Rivers to the Gulf of Mexico, winds through Chattanooga.
There are several public ports along the river, all less than five minutes
from downtown and the interstates.
Two rail carriers serve Chattanooga Norfolk Southern and CSX Transportation.
Air passengers and cargo service are
provided by several national air carriers at the Chattanooga Metropolitann
Airport.
Chattanooga has one of the largest fleets of electric-powered zero-emission
buses in the country. |
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Government
City of Chattanooga: Mayor and nine council members
Hamilton County: County Executive and nine commissioners
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| Tax
Summary Chart |
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City
of Chattanooga |
Hamilton
County |
State
of TN |
| Personal
Income |
NONE |
NONE |
6% |
| Corporate
Income Tax (Excise) |
NONE |
NONE |
6.5%
of Earnings |
Unemployment
Tax
New Employers |
NONE |
NONE |
2.7%
of first $7,000.00 |
| Property
Tax:
|
000000000 |
0 |
0 |
| Rate
per $100 Value |
$2.52 |
$3.06 |
None |
|
Ratio of Assessment: |
000000000 |
0 |
0 |
| Residential |
25% |
25% |
0 |
| Industrial |
40% |
40% |
0 |
| Personal
(Equipment) |
30% |
30% |
0 |
| (Inventory
Tax) Raw Materials Only: |
000000000 |
0 |
0 |
|
School Tax |
$0.00 |
$0.00 |
$0.00 |
| Sales
Tax |
2.25% |
2.25% |
7.00% |
| Source:
Tennessee.gov
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For More
Data on Chattanooga, please click here.
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