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Industry and Business
Greater Seattle's Top 10 Public Companies (headquartered in Seattle/Washington State).
(ranked by 2006 net revenues, figures in million)
Company |
2006 Revenues |
Type of Business |
Internet Home Page |
Costco |
60,151 |
Membership Warehouses |
www.pricecostco.com |
Microsoft |
44,282 |
Software Developer |
www.microsoft.com |
Washington Mutual |
26,284 |
Bank |
www.wamu.com |
Weyerhaeuser |
21,896 |
Pulp/Paper Products |
www.weyerhaeuser.com |
Paccar |
16,454 |
Heavy-Duty Truck Manufacturer |
www.paccar.com |
Amazon.com |
10,711 |
Online Retailer |
www.amazon.com |
Nordstrom |
8,560 |
Apparel Retailer |
www.nordstrom.com |
Starbucks |
7,786 |
Coffee Company |
www.starbucks.com |
Safeco |
6,289 |
Insurance/
Financial Services |
www.safeco.com |
Expeditors International of WA |
4,625 |
International Logistics Company |
www.expd.com |
Source: Puget Sound Business Journal, 2007 Book of Lists
Downtown Seattle Office Space
4th Quarter, 2007
|
Total Inventory (sq ft) |
Vacancy Rate |
Asking Rate (per sq. feet) |
General Occupancy |
38,450,614 |
9.43% |
N/A |
Newest Class A |
28,771,366 |
8.33% |
$23-$50 |
Major Old Class B |
7,545,661 |
13.60% |
$20-$36 |
Older Class C |
2,148,174 |
9.55% |
$17-$30 |
Source: CB Richard Ellis
Electricity Rates Comparison (2007)
Average residential, commercial and industrial electrical rates among major U.S. cities; Figures in cents per kilowatt hour.
Source: Seattle City Light, Finance Division
* publicly owned utility
(Contact: Robert Bartley, Seattle City Light robert.bartley@seattle.gov, 206-684-3877)
Water
Service is provided by the City of Seattle. Pressure range minimum is 30 psi and maximum is 100 psi. Commercial/industrial monthly rate for 3/4" - 4" meter is $8.05-$79.00. Charge for water usage is as follows:
Charge for water usage is as follows:
Off-peak season (September-May) - $ 2.62/100 cu ft
Peak season (May-September) - $ 2.88-8.55/100 cu ft
Sanitary Sewer
Service is provided by King County's treatment plant and billed through the individual cities. The commercial/industrial rate in Seattle is $7.75/100 cu. ft.
Natural Gas
Puget Sound Energy supplies Seattle and King County with natural gas. The basic monthly commercial/industrial rate for general service is $15 plus $1.176 per therm.
Utility Sources: http://www.seattle.gov/util/services/
City of Seattle Tax Rates, 2007
Property Tax (average rate per $1,000 of assessed value)
State school fund |
$2.33 |
City |
$3.22 |
County (includes Medic 1/EMS) |
$1.50 |
School District |
$2.01 |
Port |
$0.23 |
Total: $9.28 per $1,000 assessed value, collected by King County |
General Business Occupation Tax (%) |
City |
State |
Retailing (Including Services) |
.215% |
.471% |
Extracting |
.215% |
.484% |
Manufacturing – Flour or Wholesaling Grain |
.0215% |
.138% |
Manufacturing and Processing for Hire |
.215% |
.484% |
Wholesaling |
.215% |
.484% |
Service and Other Business Activities |
.415% |
1.5% |
Printing and Publishing |
.215% |
.484% |
Tour Operators |
.215% |
.275% |
Contact: City of Seattle, Revenue & Consumer Affairs rca.bizlictx@seattle.gov (206) 684-8484
Retail Sales Tax of 8.8% apportioned as follows:*
State of Washington |
6.50% |
City of Seattle |
0.85% |
Metro |
0.90% |
Sound Transit |
0.40% |
King County |
0.15% |
King County Criminal Justice Levy |
0.10% |
King County Mental Health Tax |
0.10% |
Source: Department of Finance, City of Seattle
*An additional 0.5% sales tax is applied to food and beverages sold by restaurants, taverns, and bars in King County. (Established in 1996 to help pay for a new baseball stadium in Seattle).
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