TAXWORLD: Inheritance Tax, Income Tax....


 

www.taxworld.org
Last update 05/29/2005

Tax Books and Guides
Tax Sites
Tax Forms
Tax Research
Tax Stats
Hometown
Tax Policy
 
 
Tax History
The Language of Tax
(New Additions)
Tax News
 
 
Taxpayer Advocate
Tax Associations (updated)
U.S. Tax Court
Inheritance Tax
Humor and Quotes
SIPPS

 

Demographics Page Three

Business Environment

The central ward is generally considered the business section of town. Although there are scattered convenience stores and gas stations throughout Hometown, the major shopping areas are in the central ward. Notice in the Appendices that the central ward acts almost like the hub of a wheel with the only spoke missing being the spoke for the south and southeast side of Hometown. The following provides financial information about Hometown's business environment.

Business Ownership

Percentage of Locally Owned Business = 55
Percentage of Businesses owned by Non-Residents = 45
Average Assessed Value of Resident Owned Business Property = $250,000
Average Assessed Value of Non-Resident Owned Business Property = $375,000
Percentage of Jobs provided by Resident Employers = 45
Percentage of Jobs Provided by Non-Resident Employers = 55
 
Retail Establishments
Total = 3,224
Annual Sales = $3,327,249,920
Average Profit as a Percent of Sales = 8
Food Stores = 387
Annual Sales = $706,076,000
Average Profit as a Percent of Sales = 4
Auto Dealers = 182
Annual Sales = $830,895,000
Average Profit as a Percent of Sales = 5
Gasoline Stations = 280
Annual Sales = $254,097,000
Average Profit as a Percent of Sales = 6
Apparel Stores = 370
Annual Sales = $240,700,000
Average Profit as a Percent of Sales = 10
Furniture Stores = 243
Annual Sales = $211,496,000
Average Profit as a Percent of Sales = 9
Eating and Drinking Establishments = 897
Annual Sales = $340,381,000
Average Profit as a Percent of Sales = 5
Drug Stores = 110
Annual Sales = $112,272,000
Average Profit as a Percent of Sales = 30
Other = 755
Annual Sales = $631,332,920
Average Profit as a Percent of Sales = 7
Ownership by Economic Entity

Corporations = 2,224
Sole Proprietorships = 800
Partnerships = 200
Return to Page Two
Director@taxworld.org