Local Data

Cost of Living

Muskingum County’s cost of living is 86.6% of the U.S. national average. Imagine how that 13.4% savings translates to operating a business.

Labor Costs

Muskingum County’s combination of a low cost of living, low utility costs, and low taxes translate to a less costly labor market than larger metropolitan areas.

Worker’s Compensation

Ohio Worker’s Compensation rates are calculated by the Ohio Bureau of Worker’s Compensation (BWC).

The Ohio BWC classifies industries according to the National Council of Compensation Insurance. Each separate industry classification has its own basic premium rate.

The cost of claims in each industry classification determines rates. Base rates are calculated by estimating the cost of claims expected to occur in the next year using costs of past accidents and diseases in each industrial classification. An employer’s accident experience, fluctuations in payroll, medical costs, and worker’s compensation benefit levels are primary factors in premium rates.

Rates in Ohio are on par with national averages as you can see from the map below.

Electric Rates

Zanesville-Muskingum County benefits from an extensive electric generation, transmission and distribution system in Ohio. Ohio has historically relied on nearby abundant reserves of coal, which supplies nearly three quarters of Ohio’s electricity. Ohio is now in the process of shutting down coal-fired units to comply with changing federal rules. The state is incrementally shifting to produce more electricity from natural gas and renewables.

American Electric Power (AEP) and Guernsey-Muskingum Electric both serve Muskingum County. Please note, large electric users undertaking economic development projects can negotiate special rate incentives. Additionally, Ohio has deregulated electric generation, and customers can shop for lower rates from deregulated utility company affiliates and third party providers. Please talk to us about how to obtain a better rate than the averages listed below:

Real Estate Taxes

In Ohio, local governments assess property taxes on land and buildings. Fair market value of real property is assessed at 35% of value before the tax rate is applied. In Muskingum County, the average real property tax rate for property at our business parks is almost 30% less than the average tax rate in Ohio. Please see below for details.

EastPointe Business Park
Effective 2019 Real Property Tax Rate = 44.03 per $1,000 at 35% assessed value.
Sample calculation on land and building with fair market value of $1 million:
$1,000,000 x .35 = $350,000
$350,000 x .04403 = $15,410.50 annual tax

NorthPointe Business Park
Effective 2019 Real Property Tax Rate = 45.62 per $1,000 at 35% assessed value.
Sample calculation on land and building with fair market value of $1 million:
$1,000,000 x .35 = $350,000
$350,000 x .04562 = $15,967.00 annual tax

Airport Business Park
Effective 2019 Real Property Tax Rate = 42.83 per $1,000 at 35% assessed value.
Sample calculation on land and building with fair market value of $1 million:
$1,000,000 x .35 = $350,000
$350,000 x .04283 = $14,990.50 annual tax

National Road Business Park
Effective 2019 Real Property Tax Rate = 42.83 per $1,000 at 35% assessed value.
Sample calculation on land and building with fair market value of $1 million:
$1,000,000 x .35 = $350,000
$350,000 x .04217 = $14,990.50 annual tax

East Central Ohio (ECO) Business Park
Effective 2019 Real Property Tax Rate = 43.15 per $1,000 at 35% assessed value.
Sample calculation on land and building with fair market value of $1 million:
$1,000,000 x .35 = $350,000
$350,000 x .04315 = $15,102.50 annual tax

Please note: tangible personal property (machinery, equipment, inventory, furniture and fixtures) is no longer taxed in Ohio.

Healthcare

Genesis HealthCare System is an integrated health care delivery system based in Zanesville, Ohio and features an extensive network of more than 300 physicians and multiple outpatient care centers throughout the region. 

Genesis is the largest health care provider in its six-county region of southeastern Ohio, which includes Muskingum, Morgan, Perry, Coshocton, Noble and Guernsey counties.

Genesis provides a higher level of service than what is typically found in a community of its size including open-heart surgery, Level III trauma center, a Level II neonatal intermediate care unit, neurosurgery and comprehensive cancer services.

Genesis Healthcare System has been recognized throughout the country with numerous award and accreditations:

  • Top 100 and top 10% for coronary bypass surgery, both at the national level
  • Top 10% at the national level for heart attack treatment
  • Top 10% at the national level for orthopedic care
  • Top 10% at the national level for pulmonary care
  • Top 10% at both the national and state level for spinal surgery