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Industry and Business
Greater Seattle's Top 10 Public Companies (headquartered in Seattle/Washington State).
(ranked by 2005 revenues, figures in million)
Company |
2005 Revenues |
Type of Business |
Internet Home Page |
Costco |
52,935 |
Membership Warehouses |
www.pricecostco.com |
Microsoft |
39,788 |
Software Developer |
www.microsoft.com |
Weyerhaeuser |
22,629 |
Pulp/Paper Products |
www.weyerhaeuser.com |
Washington Mutual |
21,667 |
Bank |
www.wamu.com |
Paccar |
14,057 |
Heavy-Duty Truck Manufacturer |
www.paccar.com |
Amazon.com |
8,490 |
Online Retailer |
www.amazon.com |
Nordstrom |
7,723 |
Apparel Retailer |
www.nordstrom.com |
Starbucks |
6,369 |
Coffee Company |
www.starbucks.com |
Safeco |
6,351 |
Insurance/
Financial Services |
www.safeco.com |
Expeditors International of WA |
3,902 |
International Logistics Company |
www.expd.com |
Source: Puget Sound Business Journal, 2007 Book of Lists
Downtown Seattle Office Space
4th Quarter, 2006
|
Square Feet |
Vacancy Rate |
Asking Rate (per sq. feet) |
General Occupancy |
38,033,308 |
10.51% |
|
Newest Class A |
28,497,070 |
9.49% |
$21-$36 |
Major Old Class B |
7,402,651 |
13.65% |
$18-$26 |
Older Class C |
2,133,587 |
13.28% |
$18-$22 |
Source: CB Richard Ellis
Electricity Rates Comparison (2005)
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 ¾" - 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) - $ 2.29/100 cu ft
Peak season (May-September) - $ 3.35/100 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 $7.45/100 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 $17.50 plus $0.933830 per therm.
Utility Sources: http://www.seattle.gov/util/services/
City of Seattle Tax Rates, 2006
Property Tax (average rate per $1,000 of assessed value)
State school fund |
$2.50 |
City |
$3.16 |
County (includes Medic 1/EMS) |
$1.55 |
School District |
$2.19 |
Port |
$0.23 |
Total: $9.63 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** |
0.80% |
Sound Transit |
0.40% |
King County |
0.15% |
King County Criminal Justice Levy |
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).
**Metro will increase to 0.90% April 1st, 2007
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