Columbus business growth

[Aram Jawad]

In the past 10 years, Columbus had seen an enormous growth in many aspects. Business wise, Columbus GDP had grew by over %50, making over $137 billion annually in the last 10 years. Employment in Columbus growing over %3.5 yearly. While over %90 of Columbus population carries a high school diploma. Columbus also rated the 5th city in the US for STEM jobs, aside from the Ohio State University, One of the major Universities in the US and the Third largest campus in the US by size. With all that growth that Columbus is seeing, Real Estate comes to play a major role in assisting all of those people to create a great, comfortable place for them to settle in. Which is a great soil and a green land for Real Estate investors who are seeking to create a passive income, Airbnbs, and flips.

[Joshua Janus]

Quote from @Aram Jawad:

In the past 10 years, Columbus had seen an enormous growth in many aspects. Business wise, Columbus GDP had grew by over %50, making over $137 billion annually in the last 10 years. Employment in Columbus growing over %3.5 yearly. While over %90 of Columbus population carries a high school diploma. Columbus also rated the 5th city in the US for STEM jobs, aside from the Ohio State University, One of the major Universities in the US and the Third largest campus in the US by size. With all that growth that Columbus is seeing, Real Estate comes to play a major role in assisting all of those people to create a great, comfortable place for them to settle in. Which is a great soil and a green land for Real Estate investors who are seeking to create a passive income, Airbnbs, and flips.

Columbus, Ohio is a great market to invest in. The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here. The appreciation rate in Columbus has been 8% higher than the national average over the last year. Tech companies are continuously moving here and establishing a footprint in Columbus as well. Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.

https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/

Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs.

https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-care

Here are a few more recent investments

https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0

https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus

Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.