By Tim Kowols
An aging population and a shrinking housing market were among the items noted in a recent report compiled by economist Jeffrey Sachse. While Sachse notes the population in Door County has grown by 555 people since the 2010 census, Sturgeon Bay has shrunk by nearly the same number. Sachse says Door County’s senior population is expected to grow 38 percent between 2010 and 2020 and by 2040 it will reach 64 percent. Higher than average house sales prices for the region and a high number of housing units considered to be second or seasonal homes reflects a housing crunch only expected to grow. Door County Economic Development Corporation Executive Director Caleb Frostman says the report reaffirms some of goals the organization is already forming, but it adds an extra sense of urgency.
Frostman says a major focus will be on workforce development and keeping more people local despite an unemployment rate dipping below three percent by the end of the year, down from 10.5 percent in 2013 according to Sachse. You can read the full report online with this story.