New North 18 County Area Population
1,294,157
New North 18 County Area Employment
679,673
New North 18 County Area Average Earnings Per Job
$71.1K
Takeaways
- As of 2024 the region's population increased by 3.0% since 2019, growing by 37,461. Population is expected to increase by 1.9% between 2024 and 2029, adding 24,382.
- From 2019 to 2024, jobs increased by 0.0% in new north counties REAL (18) from 679,506 to 679,673. This change fell short of the national growth rate of 4.3% by 4.3%. As the number of jobs increased, the labor force participation rate decreased from 68.0% to 65.8% between 2019 and 2024.
- Concerning educational attainment, 19.5% of the selected regions' residents possess a Bachelor's Degree (2.0% below the national average), and 12.7% hold an Associate's Degree (3.8% above the national average).
- The top three industries in 2024 are Restaurants and Other Eating Places, Education and Hospitals (Local Government), and Local Government, Excluding Education and Hospitals.
Economy by the Numbers
New North Target Industries
Industry | 2024 Jobs | 5 Year Projected Job Growth | GRP |
|---|---|---|---|
| Forest Products | 682 | -8% | $33.0M |
| Biohealth | 5,185 | 11% | $1.2B |
| Aerospace | 6,613 | 8% | $827.8M |
| Pulp and Paper | 4,166 | -12% | $2.9B |
| transportation and Logistics | 34,015 | 8% | $2.5B |
| Food and Beverage | 54,397 | 7% | $6.4B |
| Energy, Power, and Control | 23,027 | 3% | $4.3B |
| Manufacturing | 142,260 | 2% | $20.9B |