Brentwood Keeps Title of State’s Most Business Friendly City

Brentwood keeps title of state’s most business friendly city
Filed under News.

November 19,2013

The Tennessean
By Bonnie Burch

BRENWTOOD – For two years in a row, Brentwood has been named the most business friendly city among the 50 most populous cities in Tennessee.

Brentwood is the first city to top the eighth annual list compiled by The Beacon Center of Tennessee, the state’s free market think tank, for consecutive years.

In the “How Business Friendly Are Tennessee’s Cities?” report, the Beacon Center ranked each city in three main categories: economic vitality, business tax burden and community allure. The cities received a score in these categories while the think tank also took into account other statistics, such as violent crime rate, population growth, median household income, cost of living and high school graduation rates.

Brentwood residents rely on a pool of businesses and office space in a small area – mostly on the northern and southern boundaries of the city – for lower rates on their property taxes. Only about 4 percent of the land is zoned for commercial use, but tax revenue from these businesses pay about 60 percent of the city’s operating budget.

Other Williamson County cities were high on the list including Franklin, which came in third in the business-friendly rankings, down from second place in 2012, and Spring Hill, which was in fifth place last year, holding the fourth spot now.

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