National magazines are beginning to learn what local businesses and residents have long known: Charles County, Maryland is ‘Washington, DC’s best kept secret.’
Expansion Solutions, a national magazine that highlights top locations for businesses, features Charles County in its current issue in a story titled ‘Strategic Benefits About in Charles County, Maryland.’ The article points to five reasons why companies should look at Charles County when considering their next move.
Charles County is just 30 minutes away from Washington, DC, a top metro for businesses. Expansion Solutions notes that the County is “positioned in the heart of the DC-Baltimore-Richmond Corridor. Therefore, the county provides businesses with access to over ten million people within a two-hour drive.”
As residents know, Charles County is home to a highly-qualified workforce. Charles “has a workforce of 1.4 million within a 45 minute commute to Waldorf,” the article notes, and has a “rapidly growing population already holding advanced degrees, including bachelor and graduate degree holders,” a trend it says is sure to increase in the coming years.
Available Commercial Space
Of course, companies that are looking for a location need available space to house their companies. Luckily, “the county has ample industrial and commercial property that has preliminary approval in place,” the article notes. “These locations are just minutes away from the Capital Beltway, a unique logistical advantage to many companies and businesses.”
Low Cost of Doing Business
Many companies who choose to operate in the County are attracted by the area’s low cost of doing business, which is also noted in the article. In fact, compared to the DC Metro average, average office lease rates in the County are nearly 40 percent lower, retail space is nearly 32 percent lower, and industrial space is more than 20 percent lower. In addition, the County’s average weekly labor costs employers 31 percent less than Maryland’s average and 45 percent less than the DC Metro’s average.
High Quality of Life
People love living in Charles County, where homes are affordable and school systems are highly-ranked. In fact, CNNMoney recently named Waldorf 20th on the “Best Places to Live” list, and Expansion Solutions said quite simply that the “County is welcoming and safe.”
While we don’t yet know the many companies that will locate to Charles County in the future, we do know that those companies will all learn why the County is “Washington, DC’s best kept secret.”