Check Out Where Chester County Ranks Among State’s Counties with Most Incoming Investment

By

Oxford

A new study by SmartAsset puts Chester County among the Top 10 counties in Pennsylvania with the most incoming investment, writes Clara Lefton for the Philadelphia Business Journal.

SmartAsset used business growth over a three-year period, GDP growth, new building permits (per 1,000 homes), and federal funding (per capita) as its criteria.

“We scored every county in our study on these four factors,” SmartAsset wrote. “We then combined those scores to create a final ranking. With that ranking, we created an index where the county with the most incoming investments was assigned a value of 100 and the county with the least investment activity received a zero.”

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Interestingly, the Top 20 counties are not clustered together, but spread out across the state.

Chester County placed eighth with business growth of 2.4 percent and GDP growth of $1.45 billion over the three-year period. Chester County also had 5.9 building permits per 1,000 homes and received federal funding of $1,515 per capita.

Neighboring Lancaster County checked in at No. 6.

Read more about the ranking in the Philadelphia Business Journal here.

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