Home Must Reads Walmart's impact in Cornelius has been positive

Walmart's impact in Cornelius has been positive

| Print |  Email
Must Reads
Tuesday, July 16, 2013

Walmart's effect on Cornelius has been overall positive since its debut in 2010, an analysis of taxes, jobs and traffic finds.

Cornelius' acceptance of Walmart is much different than other metro-area cities that are protesting incoming Walmart locations, such as Sherwood.

For the city of 12,000, Wal-Mart meant greater tax revenue, hundreds of new jobs and nearly $1 million in fees for city improvements. Almost 75 percent of Cornelius' assessed tax value is residential, meaning residents (through property taxes) assume a larger-than-usual share of city financing. The city also has one of the highest poverty rates in the metro area.

As the No. 1 employer in Cornelius, Walmart has about 240 associates. Rachel Wall, senior manager of community affairs at Wal-Mart, said about half of those people live in Cornelius or Forest Grove and the majority are full-time. According to its website, the average wage of a Walmart employee in Oregon is $13.26 per hour.

Read more at OregonLive.com.

{biztweet}cornelius walmart{/biztweet}

 

More Articles

Tech makes the world go round

Contributed Blogs
Thursday, March 20, 2014
03.20.14 thumb internetBY JASON NORRIS | GUEST BLOGGER

I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.


Read more...

Green eyeshades in the ivory tower

News
Friday, April 04, 2014
EducationCosts BlogBY ERIC FRUITS

The rapidly rising cost of higher education has left even the smartest researchers and the wonkiest of wonks wondering what’s happening and where’s all that money going. More and more, prospective students—and their families—are asking: Is college worth the cost?


Read more...

Spreading the wealth

March 2014
Tuesday, February 25, 2014
HiResBY PAIGE PARKER

A money management firm broadens its reach. 


Read more...

Video: Kickstarting Oregon business

News
Thursday, March 27, 2014
02.04.14 Thumbnail VideoBY JESSICA RIDGWAY | OB WEB EDITOR

Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.


Read more...

The 2014 List: The Top 34 Medium Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

The more they change, the more they stay the same

March 2014
Tuesday, February 25, 2014
100-best-collageBY BRANDON SAWYER

The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS