Economic Growth Highlights for Germantown (FY 2024–25)
Business is booming in Germantown! In Fiscal Year 2024, Germantown’s sales tax revenue exceeded the prior year by nearly $500,000, reflecting a 3% year-over-year increase and reaching $16.53 million, driven by robust local business activity and consumer support.
The City’s Economic & Community Development team reports portfolio-wide 97.5% retail occupancy, signaling strong demand for commercial space. In Q3 FY2025, 36 new business licenses were issued, demonstrating sustained (and expanding) commercial growth.
Together, these results reinforce Germantown as a thriving local economy grounded in entrepreneurship, development, and high consumer confidence. The Germantown Area Chamber of Commerce is proud to partner with the City of Germantown to help you make Germantown your business home.
Business is booming in Germantown! In Fiscal Year 2024, Germantown’s sales tax revenue exceeded the prior year by nearly $500,000, reflecting a 3% year-over-year increase and reaching $16.53 million, driven by robust local business activity and consumer support.
The City’s Economic & Community Development team reports portfolio-wide 97.5% retail occupancy, signaling strong demand for commercial space. In Q3 FY2025, 36 new business licenses were issued, demonstrating sustained (and expanding) commercial growth.
Together, these results reinforce Germantown as a thriving local economy grounded in entrepreneurship, development, and high consumer confidence. The Germantown Area Chamber of Commerce is proud to partner with the City of Germantown to help you make Germantown your business home.
