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Cleveland is the 16th largest metro area in the U.S, and Cleveland is the 15th largest consumer market in the U.S.
Home to 37 area colleges and universities within a 25-mile radius of the Cleveland area. This means that almost all of these students are looking for somewhere to RENT and live! Source.
Seventh in the nation in total population, Ohio's population of 11,689,400 people is concentrated in 14 metropolitan areas and 33 micropolitan areas. The largest metropolitan area in Ohio is the Cleveland-Elyria Metropolitan Statistical Area with 2,077,300 people.
8 Northeast Ohio companies earn spot on 2019 Fortune 500 List Northeast Ohio has the second-largest concentration of corporate headquarter jobs in the U.S. Companies such as Progressive Casualty Insurance, Nestle USA, Lubrizol, MCPc Inc. and The J.M. Smucker Company continues to grow and invest here.
Cleveland alone boasts more than 700 biomed businesses, which have raised more than $3 billion in growth capital since 2002. According to BioEnterprise’s 2018 Midwest Healthcare Growth Capital Report, 71 Northeast Ohio biomedical companies raised $294 million in growth capital in 2018 alone, making NEO the third-largest region in total investments in the Midwest.
The average housing price is 53% lower than the national average and has been named one of the five most affordable markets in the US. Rents are still relatively affordable in Cleveland. In fact, nearly 60% of the housing units rent for less than $1,000 per month, signaling the potential for future annual increases.
Northeast Ohio's health care hub includes more than 60 hospitals and more specifically, is home to some of the nation's most prestigious hospitals, such as Cleveland Clinic, University Hospitals and The MetroHealth System. The Cleveland Clinic was named a top U.S. hospital in U.S. News & World Report’s “2019-20 Best Hospitals.” In addition, Cleveland Clinic’s heart program has ranked No. 1 in the nation since 1995 and five other Cleveland Clinic specialties are ranked in the Top 5.
Cleveland is home to three major sports teams that bring billions of dollars to the area every year!
With central location to US and Canadian markets, strong transportation, logistics, plus two commercial airports, Northeast Ohio offers a significant advantage in supply chain and market access.
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