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Dayton Innovation – Facts and Information from the City of Dayton Office of Economic Development

06/04/2012

Dayton Facts:

  • Home of Wright Patterson Air Force Base, one of the U.S. Air Force’s Largest bases, with 24,000 employees and a $2.7 billion annual payroll.
  • Withing a 90-minute flight of 55% of the country’s population.
  • Home to Dayton International Airport (DAY), one of the nation’s 10 fastest growing airports.
  • DAY is 10 minutes from the I-70/I-75 interchange, the Crossroads of America.
  • A 30-minute of less commute for 70% of Dayton’s workforce.
  • Within a 60-minute drive of Columbus and Cincinnati.
  • Located above one of the largest and cleanest aquifiers in the U.S.

Innovation –

Dayton is a city of visionaries, inventors and entrepreneurs. The airplane, the ice cream cone, airbags and the artificial heart, to name a few were all invented in Dayton or by Dayton inventors. It is clear innovation prospers here.

The city was named for Jonathan Dayton, the youngest of the 39 delegates who signed the U.S. Constitution in 1787. True to reputation and form, the city that spawned many influential inventions, patents and ideas is still fostering that same tradition of innovation today.

Business –

The city of Dayton sits at the Crossroads of America. Ranked as the #1 mid-size region for new corporate facility projects, Dayton is a short 90 minutes away from 55% of the country’s population.

Dayton is the right place at the right time. The current efforts geared toward revitalization and economic development have lead to a three step strategic business plan as follows:

  1. Develop Valuable Resources
  2. Support Business Growth
  3. Encourage Constant Innovation

Dayton is also known as Ohio’s Aerospace Hub. It was awarded this official designation based on our area’s commitment to aerospace, sensor technologies, and advanced materials.

People –

With a regional population of more than 1.5 million, Dayton has continued to evolve as a modern metropolis. Some more Dayton Facts:

  • The cost-of-living is 30% below the national average
  • A projected regional workforce of 600,000+ by 2014
  • More than 40 post-secondary/training institutions
  • Approximately 8,000 annual undergraduates
  • Nearly 3,000 Master and Doctorate degrees awarded annually
  • 90,000 skilled manufacturing workers and technicians

Dayton is also a knowledge center, recently ranked by Forbes as the “10th Best Metropolitan Area in the U.S. for Higher Education”. Sinclair Community College, one of the largest and most highly acclaimed community colleges in the country, was just named by the New York Times as one of the nation’s best. University of Dayton is Ohio’s largest private university and is home to the University of Dayton Research Institute. The University of Dayton Research Institute employs 400 engineers and scientists and is ranked 2nd among all of the American colleges for sponsored research. In total the Dayton area offers more than a dozen nationally recognized colleges and universities.

Technology –

Some of the country’s finest research facilities are in Dayton, making our city one of America’s new centers for advanced technologies.

  • Ohio’s Aerospace Hub in Dayton
  • Home to five high-tech incubators
  • The Air Force Research Laboratory (AFRL) at WPAFB
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