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Table 2. Metrics for "dynamic local economy." <br />jD# . INDICATORiDESCRIPTION <br />REFERENCE; if available <br />Tax revenue <br />1.1 <br />Annual commercial tax revenue in count <br />1.2 <br />Annual residential tax revenue in count <br />1.3 <br />Annual ratio of commercial tax revenue to residentai tax revenue in count <br />Business size (emphasizing role of small firms) <br />1.4 Number of businesses in count - by employee size <br />1.5 Size of businesses in coun that created or lost 'o)s in most recent fiscal ear - <br />1.6 Percent of businesses in counly with less than 20 emplo ees <br />1.7 Annual business starts in county per 1,000 - by em to ee size <br />1.8 Annual business failures in count er 1,000 - b emplo ee size <br />Jobs in gazelle companies (companies with annual sales revenue growth 20 <br />1.9 ercent or more for four strai ht years as a share of total employment. <br />New Econom Index <br />Workforce characteristics <br />Sustainable Santa Monica <br />1.10 Ratio of 'obs to households in county <br />Sustainable Santa Monica <br />1.11 Percent of coun residents emplo ed in count <br />1.12 Median household income of county residents <br />1.13 Hours of em to ment to sIlnnort basic needs for county residents <br />1.14 Median em-1-11-1 a ment for businesses in coun to worker <br />1.15 Avera a level of educational achievement for count residents <br />1.16 Mana ers rofessionals and technicians as share of total count workforce <br />New Econom Index <br />Innovation inputs <br />1.17 Mid -a ed o u residelation rowth rate for coun its <br />Innovation Index <br />1.18 Percent of count residents a ed 25 -64 with some college or an associate's <br />Innovation Index, Sustainable Seattle <br />1.19 Percent of county residents a ed 25 -64 with a bachelor's degree <br />Innovation Index• Sustainable Seattle <br />1.20 Annual change in hi h -tech emplo ment share in count <br />Innovation Index <br />1.21 Anunal thane in technolo -based knowled e occupation share in coun <br />Innovation Index <br />1.22 Avera e venture ca in, investment per $10,000 gross metro olitan roduct <br />Innovation Index <br />1.23 Avera e rivate development and research, per $1,000 compensation <br />Innovation Index <br />1.24 Broadband densi in rn,,ntv <br />Innovation Index <br />1.25 Chan e in broadband densit in count <br />Innovation Index <br />1.26 Avera e establishment churn ratio of number of new start-ups and business <br />Innovation Index <br />1.27 Annual number of small establishments in count per 1,000 workers <br />Innovation Index <br />1.28 Annual number of large establishments in county, per 1,000 workers <br />Innovation Index <br />(continued on next page) <br />