Study Ranks Tredyffrin as Leading Township for Business

A combination of low tax burden and high employment growth has made Tredyffrin the top township for business in the western Philadelphia region, according to a recent study.

The study, conducted by Econsult Solutions and the Economy League of Greater Philadelphia, places Tredyffrin on top of the area’s 10 largest business locations in terms of total job growth and its overall business-friendly tax environment.

The study, commissioned by Upper Merion Township and the KOP Business Improvement District (BID), compared the local tax structure for businesses of varying sizes and industry types.

“[Upper Merion] has seen far less job growth than neighboring Tredyffrin Township due in part to the difference in tax burden,” the study says. “This results in more interest and more investment in Tredyffrin Township… as it relates to commercial office development.”

Differentiated by the lack of Business/Mercantile and Earned Income Taxes, Tredyffrin Township has had far greater growth (167 percent) in total jobs from 2003 to 2013 when compared to its neighbors along Route 202, Upper Merion (25 percent) and Malvern (70 percent).

“Tredyffrin’s tax policies, combined with unparalleled access to the regional transportation network, and with direct access to Route 202, the PA Turnpike, and Route 422, will ensure that the Township continues a high quality of life for its residents and a high value proposition for its employers,” says Michael Heaberg, Chairman of the Tredyffrin Township Board of Supervisors.