Our Economy

Businesses in King By the Numbers

Businesses in King by the numbers

Strengthening Our Local Economy - 2019-2021 Updates

Employment Growth Forecasts from 2016 to 2031* 
Location20162031Growth (2016-2031)
King City1,9502,9651,015
Nobleton1,0501,850800
Schomberg1,8252,245420
Countryside4,8154,84025

*Information on the Employment Growth Forecasts is extracted from the Township's Official Plan. 


Nobleton Walk-In Clinic

Home to a diverse range of businesses, and expanding post-secondary presence, equine industry leaders, and the world renowned Holland Marsh, our economy is ready to receive and grow your investment.

King Township Value Proposition

  • Extraordinary Location - In the Greater Toronto Area with Ready Access to Over 6.4 Million Consumers

  • Affluent Population - Median Household Income of $194,451

  • Financial Incentives - Community Improvement Plan Incentives for Eligible Businesses¬†

  • Commercial Tax Rate - Commercial Occupied Tax Rate Below York Region's Average

  • Industrial Tax Rate - Lowest Industrial Tax Rate of all York Region's Municipalities North of Vaughan & Richmond Hill

  • Excellent Support - Guidance & Support for New & Existing Businesses


Ready for New Investment

King's Economic Development Strategy paves the way for new investment and showcases our community's commitment to building a culture of entrepreneurship and supporting our business community.

The Smart Choice for Small Business & Entrepreneurs

The entrepreneurial spirit is thriving in King. Our superb quality of life, range of business support programming and proximity to the GTA have attracted more than 2,500 entrepreneurs and small businesses.