Eau Claire wisconsin
Economic Profile 2013
TABLE OF CONTENTS Community Profile...................................................................... 1 Housing & Cost of Living ........................................................... 2 Labor Force & Major Employers................................................... 3 Education.................................................................................... 4 Media.......................................................................................... 5 Transportation............................................................................ 6 Utilities........................................................................................ 7 Tax Comparisons........................................................................ 8 Business Parks........................................................................... 9
KEY CITY OF EAU CLAIRE OFFICES: City Manager.......................................................715.839.4902 Economic Development......................................715.839.4914 Parks, Recreation, and Forestry.........................715.839.5032 Public Works........................................................715.839.4934 A Publication of:
715.834.0070 800.944.2449 Thank You to Our Publication Sponsor:
www.market-johnson.com
Local Government CITY OF EAU CLAIRE The City of Eau Claire is run by a council manager form of government with eleven council members elected to three-year terms. Five members are elected from aldermanic districts and five members are elected at-large. The final member is an elected city council president. A city manager is hired to run day-to-day government activities.
300 Miles/ 482 Kilometers
500 Miles/ 805 Kilometers
EAU CLAIRE COUNTY Eau Claire County is governed by a board of supervisors with one supervisor elected for two years from each of the 29 districts. A county administrator is hired to run day-to-day operations.
Health Care Facilities
Distance to Major Metro Areas
WITH 150 MEMBERS OR INDEPENDENT PHYSICIANS
CITY
Mayo Clinic Health System
Minneapolis/St. Paul
83
Marshfield Clinic
Green Bay
194
Oakleaf Medical Network
Milwaukee
247
Sacred Heart Hospital
Chicago
323
MILES
*Interstate or four lane divided highways to major markets
Area Population POPULATION
1990 CENSUS
2000 CENSUS
2010 CENSUS
2012 ESTIMATE
Eau Claire
56,856
61,704
65,883
66,170
Eau Claire County
85,183
93,142
98,736
100,667
Eau Claire MSA
137,543
148,337
161,151
163,599
Source: Wisconsin Department of Administration, factfinder2.census.gov
COMMUNITY PROFILE 1
Greater Buying Power Housing CITY
COUNTY
Total Housing Units
28,317
41,955
Owner Occupied
15,082
25,255
Renter Occupied
11,457
14,017
Total Occupied
26,539
39,272
93.7%
94.0%
% Occupied
Source: U.S. Census Bureau, 2012
According to CNN Money, if you earn $100,000 in Eau Claire, you will need to earn the amounts listed in the map above to enjoy the same buying power in other metropolitan cities.
Home Sale Rates Average 2013 Home Sale Price
$168,962
Median 2013 Home Sale Price
$143,500
Source: www.money.cnn.com, November 2012
Family Income Distribution
Source: Realtors Assn. of NW Wisconsin - 1st Q 2013
INCOME
CITY
COUNTY
Less than $24,999
30.8%
27.1%
RENTAL RANGE
$25,000 to $34,999
10.9%
10.9%
1 Bedroom Apartments
$375 - $625
$35,000 to $49,999
15.4%
14.5%
2 Bedroom Apartments
$450 - $835
$50,000 to $74,999
18.6%
19.4%
$75,000+
24.3%
28.1%
$42,226
$46,826
Rental Housing
3 & 4 Bedroom Duplexes/Homes
$775 - $1,590
Median Household Income
Source: www.rentometer.com, 2013
Source: U.S. Census Bureau, 2012
Cost of Living COST OF LIVING INDEX
NATIONAL INDEX AVERAGE
EAU CLAIRE, WISCONSIN
ST. CLOUD, MINNESOTA
CHICAGO, ILLINOIS
MINNEAPOLIS, ROCHESTER, MINNESOTA MINNESOTA
Overall
100.0
90.2
95.0
114.8
108.6
101.4
Food
100.0
97.1
107.8
106.3
108.3
96.0
Housing
100.0
72.0
76.2
129.3
119.8
96.8
Utilities
100.0
95.3
100.7
97.4
98.1
114.7
Transportation
100.0
95.3
91.2
130.9
98.6
102.3
Health
100.0
108.7
108.9
90.2
98.3
109.6
Miscellaneous
100.0
96.3
102.9
109.0
107.9
101.6
Source: Accra Cost of Living Index, Q1 2013
2 HOUSING & COST OF LIVING
Major Employers MAJOR EMPLOYERS
NUMBER EMPLOYED
Menard Inc.
1000+
Mayo Clinic Health System–Eau Claire
1000+
Eau Claire Area School District
1000+
University of Wisconsin–Eau Claire
1000+
Sacred Heart Hospital/Marshfield Clinic
1000+
United Healthcare Services Inc.
500-999
Hutchinson Technology Inc.
500-999
City of Eau Claire
500-999
GSI Call Center/eBay Inc.
500-999
Chippewa Valley Technical College
500-999
County of Eau Claire
500-999
Nestlé/Gerber Products Co.
500-999
Walmart
500-999
Manpower
250-499
Xcel Energy Services Inc.
250-499
Globe University Inc.
250-499
Express Services Inc.
250-499
Royal Credit Union
250-499
Northern States Power Co.
250-499
Grace Lutheran Foundation Inc.
250-499
YMCA
250-499
McDonald’s
250-499
Sodexo USA
250-499
Pan O Gold Baking Co.
250-499
Curt Manufacturing LLC
250-499
Phillips Plastics Corp.
250-499
Mega Foods
250-499
Brotoloc Health Care Systems Inc. L.E. Phillips Career Development Ctr. Geminicares Inc.
Labor Force JULY 2013 JULY 2013 LABOR FORCE UNEMPLOYMENT RATE Eau Claire City
39,864
6.5%
Eau Claire County
58,292
5.9%
Eau Claire MSA
92,906
6.0%
Source: Wisconsin Department of Workforce Development
Eau Claire Regional Trade Area 48
4 Lane Highways Rice Lake
Interstate
8
59 miles to Eau Claire
Regional Trade Area
40
53
73
64 40 Thorp
41 miles to Eau Claire
29
94
29 Menomonie 27 miles to Eau Claire
Eau Claire
Oakwood Mall
10
85
37
94
95
10
10
Neillsville
250-499
53
95
10
55 miles to Eau Claire
95
250-499
Black River Falls
54
51 miles to Eau Claire
Wisconsi n
250-499
Source: WI DWD, LMI, Quarterly Census of Employment & Wages
Legend
53
Minnesota
Minnesot a
94
LABOR FORCE & MAJOR EMPLOYERS 3
Growing Regional Talent Pool
Chippewa Valley Technical College
EDUCATIONAL INSTITUTION
Chippewa Valley Technical College (CVTC) delivers affordable and hands-on, progressive technical education that improves the lives of students, meets the workforce needs of the region, and enhances economic growth in the Chippewa Valley. The largest campus is located in Eau Claire, with four other regional centers. In addition, the Applied Technology Center provides leasable space, technical equipment, and expertise in the areas of nanotechnology and microfabrication. For more information visit: www.cvtc.edu
UW–EAU CLAIRE
The University of Wisconsin–Eau Claire is one of the best, most beautiful and affordable public universities in the United States, according to U.S. News & World Report’s annual college guide, Kiplinger’s Personal Finance Magazine, and the Princeton Review. In addition, UW–Eau Claire ranks among the nation’s leader in Fulbright Scholars, service to the community, and the number of students who study abroad. For more information visit: www.uwec.edu.
GLOBE UNIVERSITY
For 125 years, Globe University has provided students with tools for success—knowledge, skills, and credentials that support their immediate and long-range goals. No longer exclusively a business school, the college today prepares students for high-value careers in medical, legal, computing, and creative fields. For more information visit: www.globeuniversity.edu
Area Schools NUMBER OF SCHOOLS
2012-2013 ENROLLMENT
Elementary Schools
12
5,427
Middle Schools
3
2,230
High Schools
2
3,074
Charter Schools
2
399
NUMBER OF SCHOOLS
2012-2013 ENROLLMENT
Elementary Schools
7
617
Middle Schools
6
336
High Schools
4
448
PUBLIC
PRIVATE
Source: Eau Claire Area School District & WI Department of Public Instruction
4 EDUCATION
UW–Eau Claire UW–Stout CVTC Globe University Lakeland College TYPES OF DEGREES
STUDENT UNDERGRADUATES & GRADUATES 11,046 9,247 8,470 310 153 GRADUATES/YEAR
SCIENCE
343
Applied Science Biochemistry/Molecular Biology Biology Chemistry
Chemistry with Business Geology Physics Physics with Math
TECHNICAL Applied Mathematics Auto Maintenance Technician
541 IT Management IT Network Specialist
Civil Engineering Technician
IT Programmer/Analyst
Computer Engineering
Information Systems
Computer Science
Machine Tool Technics
Dental Hygienist
Manufacturing Engineering
Engineering Technology Information & Communication Technologies
Medical Assistant Packaging Plastics Engineering
BUSINESS Accounting Business Economics Finance
1134 Health Care Administration Management Marketing Retail Merchandising & Mgmt
Sources: Regional Educational Institutions - UW–Eau Claire, UW–Stout (Menomonie, WI), Chippewa Valley Technical College, Globe University, Lakeland College
ACT Performance SCHOOL Eau Claire Schools
ACT SCORE 23.3
Wisconsin
20.9
Illinois Minnesota National Average
22.8 22.1 21.1 Source: ACT.org, 2012
Print PUBLICATION
FREQUENCY
DISTRIBUTION
Weekdays Saturday Sunday
23,000 24,500 29,000
The Country Today
Weekly
28,000
The Bottom Line
Weekly
1,000+
VolumeOne Magazine
Biweekly
14,000+
Chippewa Valley Business Report
Quarterly
Family Times Senior Review
Eau Claire Leader Telegram
Television STATION
AFFILIATE
WEAU-TV (Eau Claire, WI)
NBC
WEUX-TV (Eau Claire, WI)
FOX
7,500+
WHWC-TV (Menomonie, WI)
PBS
Bimonthly
13,000
WKBT-TV (Eau Claire, WI)
CBS
Monthly
5,000
WQOW-TV (Eau Claire, WI)
ABC
Radio FM
FM
AM
FM
WATQ-FM
106.7
WHEM-FM
91.3
WRFP-FM
101.9
WAYY-AM
790
WAXX-FM
104.5
WHWC-FM
88.3
WUEC-FM
89.7
WBIZ-AM
1400
WBIZ-FM
100.7
WIAL-FM
94.1
WVCF-FM
90.5
WDVM-AM
1050
WCFW-FM
105.7
WISM-FM
98.1
WWIB-FM
103.7
WEAQ-AM
1150
WDRK-FM
99.9
WMEQ-FM
92.1
WLFK-FM
107.9
WMEQ-AM
880
WECL-FM
92.9
WQRB-FM
95.1
WOGO-AM
680
MEDIA 5
Air Service The Chippewa Valley Regional Airport is located in the northeast corner of the city. Key services include: • United Airlines in Eau Claire connects to O’Hare International Airport in Chicago, offering several daily connecting flights • Heartland Aviation offers business and medical jet charter service • Aircraft tie-down/hangar facilities and aircraft repair • A full service restaurant and rental cars For more information visit: www.chippewavalleyairport.com
Airport Technical Specifications Elevation
913 feet
Lights
HIRL
Fuel
Jet A and 100LL
Runways
(2) 8, 101’ x 150’ and 4,999’ x 100’
Surface
04/22 — Concrete, 14/32 — Asphalt/Concrete
ATCT
Check the airport facility directory for frequencies and hours of operation.
NavAids
ILS, MALSR, NDB, REIL, PAPI/VASI, ASOS, VOR Source: Chippewa Valley Airport
intermodal facility • Located 14 miles from Eau Claire via a four lane divided highway • Offers twice weekly train service • Fifth morning availability from the West Coast for intermodal containers • 2,500-foot-long intermodal loading and unloading track • On-site grain transfer facility
bus Greyhound and Jefferson Lines provide inter-city bus service. The Eau Claire City Transit operates 11 routes including two university routes. These routes encompass most of Eau Claire and parts of Altoona. Service runs from 6:00 AM to 10:30 PM on weekdays and 8:00 AM to 6:00 PM on Saturday. The transit system provides service to major employment centers.
rail Serviced by Union Pacific Railroad.
Freight and cargo Eau Claire County has a wide variety of express service carriers to accommodate regional, national, and international business shipping.
6 TRANSPORTATION
electricity and natural gas
Xcel Energy For more than 75 years, Xcel Energy and its predecessor companies have served homes and businesses in northern and western Wisconsin and Michigan’s Upper Peninsula. Today, Xcel Energy is the nation’s fifth largest combination electric and natural gas utility with regulated operations in eight states. Its Wisconsin and Michigan headquarters are in Eau Claire, Wisconsin, and the company employs more than 1,200 people in the two states where it serves clean, safe and reliable power to 260,000 electric and 110,000 natural gas customers. Phone: 800.895.4999 www.xcelenergy.com Eau Claire Energy Cooperative provides reliable and affordable electricity and related innovative energy services to residential, business and farm members. As a Touchstone Energy Partner, Eau Claire Energy Cooperative prides itself in the highly rated personal service it offers to over 10,000 members. Phone: 715.832.1603 or toll free at 888.832.1604 www.ecec.com
2013 Average Rates Report (eei) CENTS/kWh US Average
COMMERCIAL 10.19
INDUSTRIAL 6.60
WI IOU Average
10.32
7.30
Xcel Energy Eau Claire Energy Coop
8.93
6.94
8.67
8.67
Data from the Average Rates Report, Edison Electric Institute. Industrial Average Rates for 12 months ending 12/31/11 *Rural communities are covered by local Touchstone Energy Cooperatives
telecommunications/ cable
AT&T Inc. is a premier communications holding company. With a powerful array of network resources that include the nation’s fastest 3G and growing 4G network, AT&T is a leading provider of wireless, WI-FI, high speed Internet, voice services, and TV services. The company’s suite of IP-based business communications services is one of the most advanced in the world. Phone: 800.288.2020 for residential customers 800.660.3000 for small business customers www.att.com West Wisconsin Telcom Cooperative, Inc. is locally owned and operated and is fiber optic based. The company’s services include broadband internet, networking solutions, phone services, web site hosting and design, computer support services and repair, digital TV, and security systems. WWT has three business offices located in Downsville, Menomonie, and Eau Claire. Phone: 888.886.5112 www.wwt.net Charter Communications, Inc. is a leading broadband communications company and the fourth largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced video entertainment programming, high-speed internet, and telephone services. Charter Business™ provides scalable, tailored, and cost-effective broadband communication solutions to business organizations. With primary Wisconsin-based offices in Eau Claire, Fond du Lac, Madison, and Stevens Point, Charter proudly serves more than 540 Wisconsin communities. Phone: 800.581.0081 www.charter.com
water and sewer
Eau Claire has a municipal water system with 15 groundwater wells and a treatment facility capable of producing 20 million gallons/day of high quality water. The average daily water usage is 9.3 million gallons with a typical peak daily summer demand of 15 million gallons. Eau Claire owns and operates a municipal wastewater treatment plant with a capacity of 11.5 million gallons per day. The average daily wastewater flow is 6.0 million gallons.
UTILITIES 7
tax Exemptions
Special tax incentives & tax treatment
Property Tax Exemption for:
• Long term capital gains deferral and exclusion for investments to
• • • • •
Manufacturing machinery and equipment Merchants’ and manufacturers’ inventories Pollution abatement equipment Computer equipment Solar and wind energy systems
Sales Tax Exemption for PURCHASES OF: • Manufacturing machinery and equipment • Fuel and electricity used in manufacturing • Pollution abatement/waste treatment equipment • Manufacturing consumables and supplies consumed in research
qualified Wisconsin businesses. • Income for multi-state companies is apportioned on a single sales factor basis • 30% exclusion for long-term capital gains • Deduction for corporate dividends received • No inheritance or gift taxes • Job creation tax incentive • Tax Incremental Financing Districts allowed for cities, villages, and towns
tax credits Corporations located in Wisconsin can claim tax credits against corporate income and franchise tax. The credits generally fall into five categories:
Inventory Tax Exemption on:
• Economic development • Geographic • Employment-related • Target industry sectors • Agricultural • Research
• Goods in transit
Sales/Use Tax Exemption for: • • • •
Pollution abatement equipment Waste treatment equipment Recycling equipment Supplies consumed in research
Call the Eau Claire Area EDC at 715.834.0070 for specific programs.
Tax Comparisons TAX COMPARISON Corporate
Personal Income
Sales & Use
Unemployment Compensation
WISCONSIN TAXES
MINNESOTA TAXES
ILLINOIS TAXES
Rate: 7.9% flat rate plus economic development surcharge
Rate: 9.8% (Plus a 5.8% tax on any alternative minimum taxable income over the base tax)
Rate: 7% (includes 2.5% replacement tax for corporations)
Rate: 4.6% to 7.75% based on level of income
Rate: 5.35% to 7.85% based on level of income
Rate: 5% flat tax rate
State Rate: 5% Local Rate: 0.0%–0.6% Combined Rate: 5.0%–5.6%
State Rate: 6.875% Local Rate: 0.0%–1.0% Combined Rate: 6.875%–7.875%
State Rate: 6.25% Local Rate: 0.0%–3.0% Combined Rate: 6.25%–9.25%
Base: $14,000 Rate: 0.27% to 9.8% 3.6% to 4.1% for new employers
Base: $29,000 Rate: 0.5% to 9.4% 3.0%–9.4% for new employers
Base: $13,560 Rate: 0.55% to 8.95% 4.15%–5.95% for new employers Source: Wipfli CPAs and Accountants, 2013
8 TAX COMPARISONS
29 T BUS 53
312
312
94
MAP LEGEND 12
25
Gateway Business Park
27
12
C R.
R.
53 4.5
AD
312
28
312
94
17
16
18
19 20
15
94
1 2
5 TR
U
3
A
4
X
LV
12
8
6
B
D
.
21
14 11
13
BL
23
10
9
24
.
VD
X
UA
TR
12
AVAILABLE INDUSTRIAL Available IndustrialLOTS Lots
22
AVAILABLE COMMERICAL Available CommercialLOTS Lots
7
12
EXISTING BUILDING existing building
SKY PARK INDUSTRIAL CENTER
GATEWAY WEST BUSINESS PARK The Gateway West Business Park consists of 200 acres serviced by utilities. The park is home to companies such as Hutchinson Technology Inc., Silver Spring Gardens, Coca-Cola, Northwestern Motors, and Choice Products USA.
N
SUNDET ROAD
23
22 71
28 29 30
31a
33
31b
42
20
23
22
64
39
31 31
34
36
35
37
32 33a 33b
38
40 41 Silver Sprin
42
45
46
43
47 48
49
gs
Hutc
hinson
53 4.5 miles
312
AN
52
29 3.7 Miles
53 . .R R IC
66
IO N
EXISTING BUILDING existing building
IV
E
U
70 68
1.6 Miles
AVAILABLE INDUSTRIAL SITES Available Industrial Lots
D R
67
53
C IF
59
Bus
PA
60
58
65
SO
N
54 N A
312
8.6 Miles
27
DE
62 63
N
53
53
57 57
CARDINAL AVENUE
STARR AVENUE
56a 56b
53
94
28
15
50
MELBY STREET
53
24
29
49
44
MELBY STREET
55
21
51
48
WHITE AVENUE
18
40
40
39 41
.
14
13
RS
ROBIN ROAD
11 45 47 46
LARK AVENUE
MCINTYRE AVENUE
26 27
MCMILLEN ST.
19
17
26a 26b
12
9
38
LOUIS AVENUE
69
16
312
25
55
50
94
20
DAVEY STREET
24
15
14
51
2.8 miles
8
7
6 35
37
36
17b
D ER
13
19
18
2
43a 43b
--Key-Available Industrial Sites Available industrial sites Exisiting Building Existing building Occupied Sites Occupied sites Roadway roadway Proposed Roadway Location location proposed roadway
1-12 (141 acres)
30
4
10
HOGARTH STREET
roadway
25
5
3
34
21
existing building
Gateway Business Park, located on Eau Claire’s northwest side, consists of approximately 700 acres and current has approximately 400 acres available. A portion of the park is designated towards high-tech companies. It is Eau Claire’s newest park and is home to companies such as Nestlé, Eby-Brown, and the Chippewa Valley Technical College Manufacturing Technology Center.
1a
2.6 miles 29
GATEWAY BUSINESS PARK
2
WHITE AVENUE
1b
CHIPPEWA VALLEY REGIONAL AIRPORT
17a
16
12
MICHAUD STREET
Sky Park is a high amenity park especially suited for light manufacturing. The park has fiber optic telecommunication systems available and is fully serviced with municipal utilities. It has direct access to STH 37 and is less than a quarter of a mile from the Interstate 94 interchange.
Available Industrial sites
N
miles
30
DR
85
CIFI
E RO
ALPIN
2.8 miles
93
A
N
Chippewa Valley Industrial Park
37
N PA
D
OA
ER
IN LP
O
Gateway West Business Park
12
UNIO
29
26
NORTH CLAIREMONT AVENUE
Sky Park Industrial Center
2.6 29 miles
53
BUS 12
CTY HWY T
12
CHIPPEWA VALLEY INDUSTRIAL PARK
The Chippewa Valley Industrial Park is a privately owned, general purpose park, which accommodates all types of industries. It is serviced by rail, municipal utilities, and is adjacent to USH 53 and the Chippewa Valley Regional Airport. The Chippewa Valley Industrial Park is one of west central Wisconsin’s first and largest industrial facilities. The more than 50 business occupants range from wholesalers to heavy industry, the highest percentage being light industry.
BUSINESS PARKS 9
Thank You to Our Publication Sponsor:
www.market-johnson.com
For More Information Contact:
Eau Claire Area Economic Development Corporation Executive Director 101 North Farwell Street, Suite 101 P.O. Box 1108 Eau Claire, WI 54702 800.944.2449 E-mail: brian.doudna@eauclaire-wi.com www.eauclaire-wi.com Serving Eau Claire County and the City of Eau Claire.
City of Eau Claire Economic Development Director 203 South Farwell Street P.O. Box 5148 Eau Claire, WI 54702 715.839.4914 E-mail: mike.schatz@eauclairewi.gov www.eauclairedevelopment.com