The Intrametropolitan Location of Corporate Offices: Implications for Economic Development Analysis

This article uses zipcode-level data to examine the residential and economic correlates of three types of corporate offices (national and regional headquarters and administrative offices) within the Los Angeles metropolitan area. Our findings reveal positive locational associations between the presence of national headquarters and law firms, management consultants, and high-income residential areas. Administrative offices, on the other hand, exhibited negative locational associations with law firms and management consultants, but positive locational associations with banks, advertising firms, and residential areas with a high proportion of married people. The racial composition of the residential zipcodes in our sample was not significantly related to the presence of corporate offices. Theoretical issues and policy implications are discussed.