The Monroe County Office of Economic Development is actively seeking companies that may be considering an expansion or relocation of their business. Monroe County has to offer a great quality of life, dedicated labor force, and low operating costs. In addition, our office will work with your business to help you obtain the following loans, grants, and/or tax abatements.

Most importantly, we will work with you every step of the way to help insure that you get the necessary permits, licenses, and information to make sure that your business is a success from the very start.

Our office is prepared to meet with your company, at your convenience, and at any location you desire to discuss your project. We look forward to your company joining our growing list of businesses who call Monroe County home.

The county's tax rates are among the state's lowest.

The county's revolving loan program is another benefit; it has been used successfully by several dozen businesses in recent years for financing.

• 45.11 mils, gross (39.09 net)
  

Monroe County's gross rate: 

• 40% discount to state average
• 49% discount to Ohio's highest county
• 14% discount to adjacent Ohio counties
  

Monroe County's net rate:

• 31% discount to state average
• 41% discount to state average
• 12% discount to adjacent Ohio counties
  

Sample Calculations

• Monroe Industrial Park company invests $1,600,000 (building) & $2,567,300 (new equipment)
• 1st year taxes on the building = $23,190
• Personal property taxes = $28,446
  

Municipal Income Taxes

• 1%, village of Woodsfield
• No other areas of county have local income taxes
  

Sales/Use Taxes

• 7.5% state sales tax
• 1.5% Monroe County local sales tax
  

Enterprise Zone

• Covers most areas of county including both industrial sites
• Provides opportunity to negotiate tax incentives on new or expanding projects
• Incentives can go up to 75% in incorporated area of county for up to 10 years
• Each project agreement is negotiated locally & individually