About Dayton
Here’s a little bit about the city of Dayton if you are looking for a Tax Attorney Dayton Ohio.
Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. A small part of the city extends into Greene County. The 2020 U.S. census estimate put the city population at 137,644, while Greater Dayton was estimated to be at 814,049 residents. The Combined Statistical Area (CSA) was 1,086,512. This makes Dayton the fourth-largest metropolitan area in Ohio and 73rd in the United States. Dayton is within Ohio’s Miami Valley region, 50 miles (80 km) north of the Greater Cincinnati area.
Ohio’s borders are within 500 miles (800 km) of roughly 60 percent of the country’s population and manufacturing infrastructure, making the Dayton area a logistical centroid for manufacturers, suppliers, and shippers. Dayton also hosts significant research and development in fields like industrial, aeronautical, and astronautical engineering that have led to many technological innovations. Much of this innovation is due in part to Wright-Patterson Air Force Base and its place in the community. With the decline of heavy manufacturing, Dayton’s businesses have diversified into a service economy that includes insurance and legal sectors as well as healthcare and government sectors.
Along with defense and aerospace, healthcare accounts for much of the Dayton area’s economy. Hospitals in the Greater Dayton area have an estimated combined employment of nearly 32,000 and a yearly economic impact of $6.8 billion. It is estimated that Premier Health Partners, a hospital network, contributes more than $2 billion a year to the region through operating, employment, and capital expenditures. In 2011, Dayton was rated the #3 city in the nation by HealthGrades for excellence in healthcare.
Dayton is also noted for its association with aviation; the city is the birthplace of Orville Wright. Other well-known individuals born in the city include poet Paul Laurence Dunbar and entrepreneur John H. Patterson. Dayton is also known for its many patents, inventions, and inventors, most notably the Wright brothers’ invention of powered flight. In 2007 Dayton was a part of the top 100 cities in America. In 2008, 2009, and 2010, Site Selection magazine ranked Dayton the #1 mid-sized metropolitan area in the nation for economic development. Also in 2010, Dayton was named one of the best places in the United States for college graduates to find a job.
On Memorial Day of 2019, Dayton was affected by a tornado outbreak, in which a total of 15 tornadoes touched down in the Dayton area. One was a half-mile-wide (700 meter) EF4 that tore through the heart of the city causing significant damage.
Dayton was founded on April 1, 1796, by 12 settlers known as the Thompson Party. They traveled in March from Cincinnati up the Great Miami River by pirogue and landed at what is now St. Clair Street, where they found two small camps of Native Americans. Among the Thompson Party was Benjamin Van Cleve, whose memoirs provide insights into the Ohio Valley’s history. Two other groups traveling overland arrived several days later. The oldest surviving building is Newcom Tavern, which was used for various purposes, including housing Dayton’s first church, which is still in existence.
In 1797, Daniel C. Cooper laid out Mad River Road, the first overland connection between Cincinnati and Dayton, opening the “Mad River Country” to settlement. Ohio was admitted into the Union in 1803, and the village of Dayton was incorporated in 1805 and chartered as a city in 1841. The city was named after Jonathan Dayton, a captain in the American Revolutionary War who signed the U.S. Constitution and owned a significant amount of land in the area. In 1827, construction on the Dayton–Cincinnati canal began, which would provide a better way to transport goods from Dayton to Cincinnati and contribute significantly to Dayton’s economic growth during the 1800s.
The Dayton Audubon Society is the National Audubon Society’s local chapter. The Dayton chapter manages local activities contributing to the annual, hemisphere-wide Christmas Bird Count. The Chapter began participation in the National Count in 1924. The local Count was initially coordinated by Ben Blincoe, who was succeeded by Jim Hill in 1970. In the mid-1960s, the freezing of Lake Erie and associated marshlands led species of waterfowl to appear in the Dayton-area, where surface waters remained unfrozen. Nine varieties of birds have been observed every year in the Dayton area: downy woodpecker, Carolina chickadee, tufted titmouse, brown creeper, cardinal, junco, tree sparrow, song sparrow and crow.
Dayton’s population declined significantly from a peak of 262,332 residents in 1960 to only 141,759 in 2010. This was in part due to the slowdown of the region’s manufacturing and the growth of Dayton’s affluent suburbs including Oakwood, Englewood, Beavercreek, Springboro, Miamisburg, Kettering, and Centerville. The city’s most populous ethnic group, white, declined from 78.1% in 1960 to 51.7% by 2010. Recent census estimates show a population decline since 2010.
Dayton’s economy is relatively diversified and vital to the overall economy of the state of Ohio. In 2008 and 2009, Site Selection magazine ranked Dayton the #1 medium-sized metropolitan area in the U.S. for economic development. Dayton is also among the top 100 metropolitan areas in both exports and export-related jobs, ranked 16 and 14 respectively by the Brookings Institution. The 2010 report placed the value of exports at $4.7 billion and the number of export-related jobs at 44,133. The Dayton Metropolitan Statistical Area ranks 4th in Ohio’s Gross Domestic Product with a 2008 industry total of $33.78 billion. Additionally, Dayton ranks third among 11 major metropolitan areas in Ohio for exports to foreign countries. The Dayton Development Coalition is attempting to leverage the region’s large water capacity, estimated to be 1.5 trillion gallons of renewable water aquifers, to attract new businesses. Moody’s Investment Services revised Dayton’s bond rating from A1 to the stronger rating of Aa2 as part of its global recalibration process. Standard & Poor’s upgraded Dayton’s rating from A+ to AA- in the summer of 2009.
If you are looking for a tax attorney Dayton Ohio, you are at the right spot. Give us a call today at 330-331-7611.
