Start or Relocate Your Business in Mason, Ohio
The expression "location, location, location" holds true when it comes to a business. That's why when you're starting or relocating a business, you must research locations and compare them carefully. When you research Mason, OH, you'll find this location has more than you could hope for in a business location — a high safety rating and a superb quality of life, among other benefits.
Cost of Living
On average, the cost of living in Mason is slightly higher than most of Ohio and the U.S. You'll profit more in this area since your prices can reflect this.
Additionally, residents of Mason may spend more on your products, seeing as how the average household brings in over $100,000 per year, as noted by the U.S. Census Bureau. While that also means you may have to pay your employees more, the quality of talent you'll hire here will be well worth the wages.
Moreover, the average price of an apartment is around $1,300, which is close to the national average. This reasonable rate will benefit you if you're thinking about renting a home. If you plan to buy, you'll benefit from Ohio's mortgage credit certificates or energy-efficiency mortgage program, among other mortgage programs available to residents.
Quality of Life
Regarding livability, Mason scored an 89 out of 100 and ranks ninth on a list of the most livable cities in Ohio. Some reasons why residents of the city are content living here include attractions such as:
- Corwin M. Nixon Park
- Great Wolf Lodge
- Red Rhythm & Boom Heritage Festival
- Pine Hill Lakes Park
Overall, the quality of life in Mason is superb, which means you'll be greeted by plenty of friendly-faced customers. As you select your workforce, you'll notice that your chance of finding happy, positive employees is high.
Your business will be in the company of over an estimated 700 other businesses in the area. All these companies are already seeing the success that the city can bring.
You'll find customers and fellow business owners will support you and make owning a business in Mason worthwhile. Plus, you can become part of local entrepreneurial support groups or seek mentorship from other business owners in the city.
Fortunately, Mason is growing at a rate of .85% yearly. Since the 2010 census, the city has grown by 12.17%. In 2021, the city achieved its highest population of 34,450. The growth of Mason means more potential for your business to thrive and expand.
Educational institutions are plentiful and diverse in Mason. They include:
- Sinclair Community College: Mason Regional Center
- University of Cincinnati
- Mount Saint Joseph University
With so many local colleges, you'll increase your talent pool and find high-quality candidates easily.
Licensing services can be accessed by Mason-based entrepreneurs, and using an LLC formation service can help you receive tax advantages and operate with more flexibility. Using a service also reduces your legwork, giving you more time to focus on your business growth. Keep in mind that you'll need to look into Ohio state laws before proceeding, though.
Start a Business in Mason, Ohio Today
Mason features everything you need for business and personal success. Consider operating in the city to enjoy a high quality of life, affordable living, and an extensive business network.
Looking to fund a home purchase to kickstart your relocation? Apply for your TopChoice loan here.
* Specific loan program availability and requirements may vary. Please get in touch with the mortgage advisor for more information.