Shasta County’s Business Climate and Incentives

Discover a business-friendly environment in Shasta County that fosters growth and provides an array of incentives, ensuring an advantageous landscape for companies of all sizes to thrive and succeed.

Shasta

Shasta County Businesses by Number of Employees

Unemployment Rate

Employee Type

Average Commute Time

Our key industries

Explore our vibrant economic landscape shaped by these thriving industries. Whether you’re planning to expand your business or embark on a new venture, you’ll discover abundant opportunities to grow and thrive in this community. The industries below play a vital role in our local economy, providing well-paying jobs and contributing to the overall well-being of our region.

Forestry & Wood Products

Shasta County, California is home to the highest number of forest product producers per capita in the state.

Manufacturing

With easy access to West Coast markets, an educated workforce, and low operating costs, Shasta County is an ideal location for manufacturing companies to expand.

Engineering & Design

Unlock growth and partnerships by working with our business-friendly city and county governments.

Healthcare

Benefit from the strong R&D infrastructure, low costs, and thriving ecosystem of medical professionals in Shasta County.

Economic Indicator

82,313 workers call Shasta County home

“Upon my arrival in 1993, I was immediately struck by the community’s warmth and hospitality. This played a significant role in my decision to remain here, where I have raised my children and established an employment agency. It was easy to fall in love with this community and it didn’t take long for me to realize that I had come to view Shasta County as my true home.”

Heidi Corrigan, CEO of O2 Employment Services

Economic Indicator

82,313 workers call Shasta County home

“Upon my arrival in 1993, I was immediately struck by the community’s warmth and hospitality. This played a significant role in my decision to remain here, where I have raised my children and established an employment agency. It was easy to fall in love with this community and it didn’t take long for me to realize that I had come to view Shasta County as my true home.”
“Upon my arrival in 1993, I was immediately struck by the community’s warmth and hospitality. This played a significant role in my decision to remain here, where I have raised my children and established an employment agency. It was easy to fall in love with this community and it didn’t take long for me to realize that I had come to view Shasta County as my true home.”

HEIDI CORRIGAN, CEO OF O2 EMPLOYMENT SERVICES

HEIDI CORRIGAN, CEO OF O2 EMPLOYMENT SERVICES

Opportunity Zones

Opportunity Zones are census tracts added to the IRS tax code that meet federal criteria under the definition of “low-income community”.

Opportunity Zones incentivize investment and economic development in distressed communities by providing federal tax benefits to investors for qualified uses. The incentive enables a temporary deferral on capital gains for qualified investments through a Qualified Opportunity Fund (QOF) established with the Internal Revenue Service (IRS).

Investors can defer federal capital gains taxes on the invested gain amounts until there is an event that reduces or terminates the qualifying investment in the QOF, or December 31, 2026, whichever is earlier.

In addition, if the investor holds the investment in the QOF for at least 10 years, the investor is not required to pay federal capital gains taxes on any realized gains from the investment. All QOFs must hold at least 90 percent of assets in qualifying Opportunity Zone properties or businesses.

Local Business Incentives

Employee Job Credits, Fee Deferrals, and Waivers

CITY OF REDDING — JOB CREDITS FOR BUSINESSES THAT HIRE 10+ FULL TIME EMPLOYEES
In the City of Redding a job credit of $1,500- $5,000 per employee is available to companies creating 10 or more new full-time jobs at or above the area’s median hourly wage. These credits can be used to offset development fees up to $1 million per development. During the five-year effective period the business shall maintain at least 90 percent of the new jobs which the credits are based.

CITY OF SHASTA LAKE — JOB CREDITS FOR BUSINESSES THAT HIRE 10+ FULL TIME EMPLOYEES
In the City of Shasta Lake a job credit of $500 per employee is available to companies creating 10 or more new full-time jobs. These credits can be used to offset development fees up to $100,000 per development. During the five-year effective period the business shall maintain at least 90 percent of the new jobs which the credits are based.

CITY OF SHASTA LAKE — TRAFFIC IMPACT FEE WAIVER
The City of Shasta Lake collects a Traffic Impact Fee (TIF) to help fund improvements to City streets as a result of growth and development. This policy can be waived for industrial development projects on a case-by-case basis.
CITY OF SHASTA LAKE — PARK FEE WAIVER
The City of Shasta Lake collects a Park Development Fee to help fund neighborhood, community, regional, and special park facilities. This policy is waived for industrial development projects.
INCENTIVES FOR LAND AND PROPERTY OWNERS

CITY OF REDDING — STILLWATER BUSINESS PARK
The City of Redding offers various benefits to businesses that purchase lots at Stillwater Business Park. Incentives are subject to agreements between the business and the City of Redding.

CITY OF SHASTA LAKE — BUSINESS IMPROVEMENT PROGRAM
Business and commercial property owners with storefronts along Shasta Dam Boulevard and Cascade Blvd are eligible to receive financial support for building improvements. A $2,500 grant and a matching $2,500 loan is available to those looking to upgrade and enhance their properties. Tenants need property owner consent and a minimum one-year lease agreement to qualify.

UTILITY RATE DISCOUNTS

CITY OF REDDING — ELECTRIC UTILITY DISCOUNTS
– Redding Electric Utility (REU) offers low rates to commercial customers including an added discount called the Economic Development Service (EDS) for new or expanding businesses requiring a significant electric load. Eligible businesses must see a monthly demand increase of 100 kW for three months within a year. EDS discounts apply for five years, starting at 25% in the first year and decreasing each year to 5% in the fifth year. Businesses must sign a 5-year contract with REU within one-year of eligibility. Businesses are not considered “new” if only relocating within the area.

– REU also offers Economic Attraction Service discount for manufacturing or industrial companies that expect their monthly electric demand to be at least 25 kW for six months in a year or reach 75 kW in any month. Discount rates are negotiated directly with REU. Businesses must sign a contract with REU within one-year of eligibility. Retail sales businesses are not eligible for this service.

CITY OF REDDING — NEW CONSTRUCTION ELECTRIFICATION REBATE
Redding Electric Utility (REU) business customers that install an energy-efficient heat pump water heater and/or smart Wi-Fi thermostat HVAC system in a new construction home or ADU are eligible for a $1,800 rebate. You must be a developer, general contractor, or owner-builder. Eligible new construction projects include single-family, multi-family (2-4 units), or accessory dwelling units (ADUs) and must receive electric service from REU. Both water heaters and HVAC systems must be installed before they qualify. City of Redding Building Permit is required. Maximum of 10 rebates per builder/contractor per program year. The program year runs from July 1 to June 30 of the following year.

CITY OF REDDING — ELECTRIC VEHICLE DC FAST CHARGER REBATE
Redding Electric Utility business customers that install an electric vehicle fast charger are eligible for a rebate. This rebate reduces upfront capital costs by $6,000 per installed eligible charging station, up to 5 stations every five years. To qualify, the station(s) must have a minimum capacity of 50kW, be between 208v and 600v, and be separately metered (only EV charger usage on the meter). Acceptable EV connector types include CCS, CHAdeMO, or Tesla. Charging stations must be permanently hardwired, and the customer on file must own the new equipment. Stations must have a 5-year minimum operating plan and complete the Customer Agreement assigning the LCFS credits generated by the station to REU. City of Redding Building Permit is required. Qualifying chargers under 200kW total capacity may also be suitable for reduced utility bills through a Demand Fee credit. If eligible, the Demand Fee credit will be applied to your bill for five years, ramping down 20% each year until the credit sunsets from the account.

CITY OF SHASTA LAKE — ELECTRIC UTILITY DISCOUNTS
City of Shasta Lake Electric Utility offers low rates to commercial customers with an added discount called the Economic Development Discount for customers located in the Shasta Gateway Industrial Park. Once applied, The Economic Development Discounts apply for 3 years, starting at 25% in the first year and decreasing each year to 5% in the third year.

CITY OF SHASTA LAKE — ENERGY INFRASTRUCTURE UPGRADE REBATES
Rebates are available for commercial customers seeking to upgraded lighting, HVAC equipment, and additional equipment that reduces energy demand. The City has a program to provide loans to industrial and commercial customers to pay for energy efficiency activities.
This is a great place to do business and we wouldn't go anywhere else

“Our employees feel that they are a part of something important to the community, and when we give them a family-wage job they settle down and love it here. It’s been a great place for us to be based out of.”

DARYL MASS, CEO of MAAS ENERGY WORKS

I believe we'll be the top family-dining brand in the country

“We’re growing nationwide. We’ve had people tell us we need to be in a bigger city, but this is where our heart, passion, and soul is. We’re going to be a big nationwide presence still headquartered here.”

BRUCE DEAN, CO-FOUNDER of BLACK BEAR DINER

I wouldn't be successful at this level if I hadn't started in Shasta County

“California is one of the largest economies in the world and there’s a ton of advantages to starting a business in Shasta County. The economics are fantastic, we have some really sharp talent, and we are in perfect striking distance to the bay area and the L.A. Basin.”

SEAN WEAVER, CEO of TECHNISOIL INDUSTRIAL

Redding is such a wonderful place for people to create new startups

“I stumbled into 3D concrete printing and saw that you could print a home with this giant robot, and my mind just kind of got blown. There have been lots of unexpected things along this journey, but knowing that families will have homes is the massive reward that makes it all worth it.”

MATTHEW GILE, FOUNDER of EMERGENT

It's beautiful the possibilities Redding offers small business owners

“It’s wild to think of where we’ve come from in the past 3 –4 years. Redding is in a really cool place. Every week new entrepreneurs, new businesses, and new creatives are popping up and it’s really beautiful to see.”

ELIZABETH WRIGHT, FOUNDER of THE MAKERY & ABODE

Business Taxes

TaxBase or MeasureRateAgency
Personal Income TaxBased on filing type and residency type1-12.3%Franchise Tax Board [Link]
Business Income TaxBased on entity type1.5-10.84%Franchise Tax Board [Link]
Sales and Use TaxStatewide base rate + city rate7.25-7.75%Board of Equalization [Link]
Property TaxShasta County collects a general property tax equal to 1% of assessed value. Additional smaller taxes can be added at the city and district level.Avg. Effective 0.85%Shasta County Tax Collector [Link]
Unemployment Insurance (UI)Taxable wage limit is $7,000 per employee, per calendar year1.5-6.2%Employment Development Department [Link]
Employment Training Tax (ETT)Taxable wage limit is $7,000 per employee, per calendar year0.1%Employment Development Department [Link]
State Disability Insurance (SDI)No base limit1.1%Employment Development Department [Link]
Special Taxes & FeesBased on business activityCalifornia Department of Tax and Fee Administration [Link]
TaxBase or MeasureRate
Personal Income TaxBased on filing type and residency type1-12.3% [Link]
Business Income TaxBased on entity type1.5-10.84% [Link]
Sales and Use TaxStatewide base rate + city rate7.25-7.75% [Link]
Property TaxShasta County collects a general property tax equal to 1% of assessed value. Additional smaller taxes can be added at the city and district level.Avg. Effective 0.85% [Link]
Unemployment Insurance (UI)Taxable wage limit is $7,000 per employee, per calendar year1.5-6.2% [Link]
Employment Training Tax (ETT)Taxable wage limit is $7,000 per employee, per calendar year0.1% [Link]
State Disability Insurance (SDI)No base limit1.1% [Link]
Special Taxes & FeesBased on business activity[Link]

We’re proud to promote

The company we keep

Available properties and shovel ready sites

STILLWATER BUSINESS PARK
Shovel Ready Office & Industrial Sites
Redding, CA

STILLWATER BUSINESS PARK
Shovel Ready Office & Industrial Sites
Redding, CA

STILLWATER BUSINESS PARK
Shovel Ready Office & Industrial Sites
Redding, CA

STILLWATER BUSINESS PARK
Shovel Ready Office & Industrial Sites
Redding, CA

SHASTA GATEWAY INDUSTRIAL PARK
Shovel Ready Office & Industrial Sites
City of Shasta Lake, CA

SHASTA GATEWAY INDUSTRIAL PARK
Shovel Ready Office & Industrial Sites
City of Shasta Lake, CA

SHASTA GATEWAY INDUSTRIAL PARK
Shovel Ready Office & Industrial Sites
City of Shasta Lake, CA

SHASTA GATEWAY INDUSTRIAL PARK
Shovel Ready Office & Industrial Sites
City of Shasta Lake, CA

PAUL BUNYAN INDUSTRIAL PARK
Large General Purpose Industrial Lot
Anderson, CA

PAUL BUNYAN INDUSTRIAL PARK
Large General Purpose Industrial Lot
Anderson, CA

PAUL BUNYAN INDUSTRIAL PARK
Large General Purpose Industrial Lot
Anderson, CA

PAUL BUNYAN INDUSTRIAL PARK
Large General Purpose Industrial Lot
Anderson, CA

3480 HARTNELL AVE
Commercial Land
Redding, CA

3480 HARTNELL AVE
Commercial Land
Redding, CA

3480 HARTNELL AVE
Commercial Land
Redding, CA

20020 VIKING WAY
Commercial Land
Redding, CA

20020 VIKING WAY
Commercial Land
Redding, CA

20020 VIKING WAY
Commercial Land
Redding, CA

20020 VIKING WAY
Commercial Land
Redding, CA

Shasta County News

State of the City 2023 – Keeping a Balance

State of the City 2023 – Keeping a Balance

The city of Redding has always been a beacon of growth, innovation, and community spirit. As the city continues to evolve, its leaders and community members are working...