Williamson County, TN
“MedSolutions has benefitted significantly from the decision to base our operations in what we consider the heart of our nation’s healthcare capital. As home to a growing and vibrant business community, Williamson County offers our company the chance to collaborate with other industry leaders while providing employees with rich quality of life.”
Curt Thorne, President & CEO of MedSolutions, Inc.
“HealthTech considered many options for our new corporate offices, but Williamson County was an easy choice. The Cool Springs business community with its focus on healthcare is vibrant and growing in leaps and bounds – just like HealthTech. It was a perfect match for us. We look forward to leading the healthcare IT industry from our new home here in Franklin.”
Bill Anderson, Chairman and CEO of HealthTech
Williamson County, TN
Williamson County, TN AccessibleEasy access to east coast population centers
• A day’s drive from 75% of the U.S.
• Interstate 65 and Highway 840run through Williamson County
• I-40 and I-24 surround andconnect creating a grid for easyaccessibility and transportation
• 30 minutes from Nashville International Airport serving 48 non-stop
markets per day
Williamson County, TN AccessibleNashville International Airport Non-Stop Markets
•12 air carriers• 48 non-stops markets• 88 direct-served markets• 400 flights per day• 10 million passengers per year• Live music in terminal
Williamson County, TN DynamicFastest growing county in TN
126,641
183,182
226,297
280,804
334,781
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
2000 2010 2020 2030 2040
Williamson County Population Growth & Projections
Source: Tennessee State Data Center, Center for Business and Economic Research, January 2012
Williamson County, TN Continued DynamismProjections above state and US averages
Source: Tennessee State Data Center, Center for Business and Economic Research, January 2012
0%
5%
10%
15%
20%
25%
30%
2010-2020 2020-2030 2030-2040
Population Growth Rates
Williamson County
Nashville MSA
Tennessee
United States
Williamson County, TN TalentRates consistently below region & state average
Nashville MSA
Williamson County
Labor force 846,870Unemployment rate 5.3%
Labor force 100,220Unemployment rate 4.8%
TennesseeLabor force 3,004,000Unemployment rate 7.3%
Source: Tennessee Department of Labor and Workforce Development, March 2014
Williamson County, TN TalentHistorically outperformed state and US
0
2
4
6
8
10
12
14
% R
ate
Historic Unemployment Rates (%)
Williamson TN US
Source: Tennessee Department of Labor and Workforce Development, July 2013
Williamson County, TN TalentGrowth through in-migration
Source: U.S. Census Bureau, 2007-2011 5-year American Community Survey
Williamson County, TN Transfer AppealProven record of relocating talent
50% of financial service workforce From Tampa, FL, 2008
82% of workforceFrom Los Angeles, 2006
42% of workforce80% of executives From Los Angeles, 2005
Percent of Workforce that Chose to Relocate
45% of IT workforce From Charlottesville, VA, 2012
90% of IT workforce From Lansing, MI, 2012
Williamson County, TN Talent and Public EducationFar outperforms state and US
• Top performing schools in the state and country
• Brentwood, Ravenwood, Page and Independence ranked “Best High Schools in the US” (US News & World Report)
• Median ACT score of 23.4 and high school graduation rate of 93.8% -higher ACT scores than the state and nation
Williamson County, TN Public EducationRising standardized test scores
Note: 100% of students in Williamson Schools takes the ACT, even if they are not college bound
Williamson County Schools class of
2013 achieved an ACT average score of
23.4, the highest score in district
history, breaking their 2012 record score of
23.1.
Williamson County, TN Public Education#1 priority and #1 differentiator
Source: Newsweek 2012
America’s Best High Schools 2012
Newsweek picks the best high schools in the country based on how hard school staffs work to challenge students with advanced placement college-level courses and tests. Just over 1600 schools—only six percent of all the public schools in the U.S.—made the list.
• Brentwood High School
• Ravenwood High School
• Franklin High School
• Page High School
4 schools in Williamson County were listed on Newsweek's Best High Schools list, more than any other county in Tennessee
Williamson County, TN Public Education#1 priority and #1 differentiator
Source: The Tennessean 2/2013
Williamson County Schools Set New Record for the number of National Merit finalists
This year 34 students will reap scholarships through the National Merit Scholarship Corporation. Last year, there were 15 students from throughout the county who achieved the prestigious recognition.
Of the nearly 1.5 million entries, only 15,000 students nationwide will earn the scholarships this year. Finalists must score well on the Preliminary SAT/National Merit Scholarship Qualifying Test and meet other high standards set forth by the program.
Schools of the finalists include:• Brentwood High • Centennial High• Fairview High • Franklin High• Independence High • Page High• Ravenwood High
Williamson County, TN TalentPipeline of future employees
Source: 2010 enrollment data
24 colleges and universities with 88,398 students8 community colleges with 32,103 students14 career colleges with 9,095 students
129,596 students currently enrolled in the Nashville region
+
Williamson County, TN Employer of ChoiceEvidence of strong applicant pool
Received 40,000 applications for 700 jobs in 2005
Received 4,000 applications before they posted a single job in 2010
Williamson County, TN TalentSigns of sustained economic strength
Since 2000Employment Growth
Population GrowthUnemployment RateLOW
Corporate relocations, growth of existing industry, & entrepreneurial dynamism
Williamson County, TN
“Jackson looked at a variety of different communities to open a regional headquarters office. We ultimately
selected Williamson County because of the strong talent pool due to its proximity to nationally
recognized academic institutions, the quality of life the area offers our employees, and most of all the
welcoming spirit of the local community. We couldn’t be happier with our decision.”
Mike Wells, President & CEO of Jackson National Life Insurance
Williamson County, TN Economic DiversityRisk is minimized through balance of sectors
Source: EMSI, 4th Quarter 2013
Employment Distribution, US vs. Williamson County
Williamson County, TN Sector GrowthSignificant growth in management subsector
Source: Nashville Business Journal, June 2012
COMPANY EMPLOYEES SECTOR LOCATIONCommunity Health Systems 4300 Healthcare FranklinCoolsprings Galleria 3500 Retail FranklinNissan North America 1600 Automotive FranklinWilliamson Medical Center 1449 Healthcare FranklinUnitedHealth Group 1166 Healthcare BrentwoodVerizon Wireless 1000 Communications FranklinTractor Supply Company 910 Retail BrentwoodComdata 875 Credit Reporting BrentwoodLee Company 750 Retail FranklinFord Motor Credit 750 Financial/Credit FranklinHealthways 717 Healthcare FranklinMedSolutions 700 Healthcare FranklinOptum 700 IT/ HR FranklinDaVita 650 Healthcare BrentwoodDelek US Holdings / MAPCO Express 650 Retail BrentwoodMars Petcare 628 Retail FranklinParallon Business Performance Group 600 IT/ Healthcare FranklinOzburn-Hessey Logistics 550 IT FranklinFranklin American Mortgage 550 Mortgage Broker FranklinMedhost ( previously HealthTech Holdings) 550 Healthcare FranklinLifePoint Hospitals 458 Healthcare BrentwoodAffinion Group 450 Marketing firm FranklinThe Lampo Group 423 Entertainment BrentwoodBrookdale Senior Living 400 Healthcare BrentwoodHealthTrust 380 Healthcare Brentwood
Top 25 Employers in Williamson County, 2014
Williamson County, TN Low cost of doing business
Local property tax rate ranges from $2.31 to $3.60 per $100 of assessed value
3rd lowest county tax rate in Nashville region
Ranks below the average Tennessee county tax rate
No state income tax$
Williamson County, TN CredentialsBusiness friendly
3 of top 5 are from Williamson County, including #1 and #2
Williamson County, TN CredentialsConsistently ranked near the top
One of the Best Cities for Startups
1. Boulder, CO2. Boca Raton, FL3. Santa Monica, CA4. Bend, OR5. Irvine, CA
6. Cambridge, MA7. Bellevue, WA8. Franklin, TN9. San Francisco, CA10. Rockville, MD
Ranking by: ZoomProspector.com and Bloomberg Businessweek 2010
Williamson County, TN CredentialsConsistently ranked near the top
Healthiest County in Tennessee
Source: 2012 County Health Rankings & Roadmapshttp://www.countyhealthrankings.org/app/tennessee/2012/williamson/county/1/overall
Health Outcomes 1Mortality 1Morbidity 1
Heath FactorsHealth Behaviors 1Clinical Care 1Social & Economic Factors 1Physical Environment 7
Williamson County, TN Start-up activityHealthy culture of entrepreneurship
33% of the fastest growing private companies in Tennessee from the
2014 Inc. 500║5000 are in Williamson County
Williamson County, TN The home for business
12 of the 25 largest publicly traded companies in the Nashville region call
Williamson County home, including #1-#5
and 7 of the top 10
-16-14-12-10-8-6-4-202468
10121416
Williamson County, TN Who has grown jobs in Nashville?
Nashville Region County % Employment Growth, 2008-2013
Nashville Region = 1.68%Source: U.S. Bureau of Labor Statistics, Jan 2008-2013
Williamson County, TN 2012 The jobs are still coming here
Source: Money.com “Where the jobs are”, 2012
Williamson County, TN
“Moving the headquarters and the sales and marketing organization [to Williamson County, TN in 2006], I think, was a significant competitive advantage for Nissan. Our results speak volumes as to whether it was the right decision. Our market share has grown significantly, and I attribute a big part of our success and our potential to the fact that we are located here.“
Bill Krueger, Vice Chairman of Nissan Americas
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