Economic Development Report

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shifted from having primarily manufacturing industry employment to more service sector employment.

seen in the graph above, the largest percent of the population is between 45 and 59 years old, at 21.9% of the population. This shows that in coming years, we will see an even higher increase in the number of people of retirement age. As of now, the percentage of people over the age of 65 in Genesee County is 17.6%, which is higher than the national average of 15.6%.

Genesee County 2045 LRTP Projections

Economic Development Living Here Genesee County is full of opportunity for economic development, with diverse landscapes ranging from open land, trail networks and small towns, to urban settings, extensive transit systems and industrial developments. The County offers many attractive qualities including top of the line hospitals and world-renowned education centers. There are many aspects to Genesee County that make it an attractive place to live, work and play.

There is a low-cost-of living, without sacrificing cultural amenities or outdoor recreation. Genesee County is home to the largest County Parks system in the state, including over 100 miles of nonmotorized trails, along with two state-designated waterways in the Flint River and Shiawassee River. The Cultural Center is located right on the edge of downtown Flint and Michigan’s second largest art museum, The Flint Institute of Art is also located in close proximity. In recent years, the area has

Working Here Genesee County is considered an “old industrial city�, which are predominately located in the Midwest and Northeast, have a history in manufacturing and tend to struggle with growing jobs in new sectors to boost employment. In 1990, manufacturing employment accounted for more than one third of the economic base of the County, and by 2015 accounted for less than 10%. The County saw major drops in employment during the Great Recession and lost many jobs in the manufacturing sector during this time. As we work to develop and integrate sustainable employment sectors into our economy, the resiliency of Genesee County will persist, continuing to make it a great place to live, work, and raise a family. The average age of residents in Genesee County is growing, with a 5.3% increase in the population over 60 years old, just from the years 2009 to 2017. As the population ages, more amenities are required for individuals of retiring age, creating the need for more medical service employment. Other employment sectors that are anticipated to see growth in the coming decades are transportation and public utilities, along with government services, which all cater to an aging population. As

American Community Survey 5-Year Estimates

American Community Survey 5-Year Estimates

Economic Development Page 1


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