Cost of Doing Business
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Cost of Doing Business
Camden County’s lower cost of living can result in 15% less gross payroll costs than Northern Florida.*
Take a look at these examples, comparing three simulated companies using actual Department of Labor data from both Georgia and Florida.
Gross Payroll Comparison
50-person Advanced Business Services Team
Camden County — $2,700,000
North Florida — $3,200,000
Gross Payroll Comparison
64-person Food Processing & Production Team
Camden County — $1,500,000
North Florida — $1,800,000
Gross Payroll Comparison
64-person Plastics Production & Recycling Team
Camden County — $2,000,000
North Florida — $2,360,000
Corporate Taxes are Comparable
Georgia – 6% Flat Rate
Florida 5.5% Flat Rate
Camden County also enjoys lower property taxes, insurance and electricity rates than neighboring states.
*Source: Bureau of Labor Statistics[/vc_column_text][/vc_column][/vc_row]