(Just missed that up here in Spokane.) A year prior, the average house sold for $385,000. But consider the backdrop: a generation who, while now downsizing, is accustomed to trading up in the housing market over their lifetimes. Geographic Information Systems (GIS) is a spatial model of City facilities & infrastructure in the real world. Tri-Cities, used locally to refer to Grand Haven, Spring Lake, and Ferrysburg in West Michigan. Home of the Toyota Center, sporting events are fast . That's a gain of over 6,300 in 12 months. Since 2000, the population of the Tri-Cities metropolitan area which includes all of Benton and Franklin counties jumped about 48 . Among counties, Franklin County currently claims the title of youngest, with an estimated median age in 2019 at 30.4. About Site | Privacy Policy | Terms and Conditions, The Tri-Cities graying population will grow over next decade, 8524 W. Gage Blvd., #A1-300 Kennewick, WA 99336. While there are several forces behind this growth, the rising presence of seniors in the greater Tri-Cities surely has been a major driver. Whats behind the continued interest by people from outside in the greater Tri Cities? Many Latino business owners took a huge hit during COVID, Valadez said, and many still are trying to recover, especially with inflation and a growing labor shortage. The growth in Eastern Washington is reflected in Census data as a mixture of natural increase due to the number of births outpacing deaths, but also as low home prices and the pandemic opening avenues for people to move to rural areas and work remotely. For information on how your company can enjoy the strategic position of Aerospace Park, contact us today. May 21, 2015 1:00 AM. Benton County, the states 10th largest county, grew 1.9%, adding 3,900 people, and Franklin County, the states 14th largest county, grew 2.2%, adding 2,080 people. The Tri-Cities grew nearly 10 percent in four years, but local government and economic officials say job creation needs to keep up if that growth is to continue. D. Patrick Jones is the executive director for Eastern Washington Universitys Institute for Public Policy & Economic Analysis. Migration continues to be the primary driver behind Washington's population growth. That land would be development.. Pasco and Richland were among the states top 10 cities for population growth, and Benton and Franklin counties each grew about 2 percent in the past year. It might not be a widely-followed contest, but over the past decade Benton and Franklin counties have increased their population faster than any other Washington state metro area. WSU Tri-Cities is a leading public research university located along the beautiful Columbia River in the diverse and growing Tri-Cities. Benton-Franklin Trends, the institutes project, uses local, state and federal data to measure the local economic, educational and civic life of Benton and Franklin counties. Think taxable retail sales, and hence sales tax flows to local government. 2019 Tri-Cities Area Journal of Business All Rights Reserved. Take most of these estimates with appropriate statistical caution, however. D. Patrick Jones is the executive director for Eastern Washington Universitys Institute for Public Policy & Economic Analysis. A break down of census highlights from each municipality are as follows: Sign in or register for your free account. Theres Little Badger Mountain in Richland where just 10 years ago the hillsides were empty. The Quad Cities actually consists of five neighboring cities flanking the Mississippi River in Iowa and Illinois in the Midwestern United States. according to the Tri-City Association of Realtors. The Tri-Cities may be unchanged in the rankings, but it is not stagnant. Its more about how much stuff we can get on a piece of property versus sprawling.. According to new census data released today (Oct. 26), the area's. We use cookies to ensure that we give you the best experience on our website. FILE - A Redfin "for sale" sign stands in front of a house on Oct. 28, 2020, in Seattle. One can see a local consequence in the parallel growth of the health care and social assistance sector over the past decade. At first glance, the Tri-Cities market may look small, but when you take a deep-dive into the numbers, the market has a surprising economic impact and a larger than expected population. The past five years have shown in-migration, Opera on the Vine presents: Musical Theatre. There are 39% more households whoown their homes than there are renters, according to Census data. The top 10 cities for numeric change, in descending order, are Seattle, Bellingham, Lake Stevens, Lacey, Vancouver, Pullman, Spokane Valley, Tacoma, Ridgefield and Spokane. Spokane County was on par with the state, having grown by 14% in the past 10 years. The unadjusted population growth rate is much faster than last year 1.3% compared to 0.8% the previous year. 7130 W. Grandridge Blvd. Despite strong housing growth, we saw high occupancy rates in most cities and towns. Lets look at the following shares of the total population in 2019: Hispanic/Latinx residents, an estimated 32.4%; two or more races at 3.4%, and all other non-Caucasians at 4.2%. A sprawling upscale housing development is seen from Badger Mountain on Thursday in Richland, Wash. (Tyler Tjomsland/The Spokesman-Review)Buy a print of this photo. The population in Kennewick is about 82,633 and, in Pasco, is reported at 74,266. Are then local results any different for a key outcome, say, graduation from high school? Perhaps one doesnt think of housing as an area of outsized spending by older adults. The Tri-Cities is centrally located and linked to the major population centers of the Pacific Northwest by Interstate Highways 82, 84, and 90. Monthly estimates can accessed on the Association of Washington Business Foundation website at awbinstitute.org. 20-01. The growth is a mixture of natural increase (the number of births is greater than the number of deaths), low home prices and the pandemic making remote work more easily accessible. At the time it was just a small office, but by 2013, he built a large office in Pasco, and his client base continued to grow. More critically, if the trends of those groups with such low incomes persist, the area is in danger of fostering a permanent underclass. Kennewick, Richland and West Richland are located in Benton County while Pasco is located in Franklin County (see Tri-Cities Area Maps & Communities ). It was the first time in 27 years that they had to turn away business, he said. Though they are still working on building a trail through the area, one place where they havent been as successful is Little Badger Mountain, which now has hundreds of houses and even more planned. That is likely the case here, too. Or will the more urban parts of the two counties gain in attraction, especially for the 65+ crowd? largest metropolitan counties: Clark, King, Pierce, Snohomish and Spokane. For the 2017 population estimates, data was available by metro area and county, but not by individual cities. 1. Population The population development of Johnson City - Kingsport - Bristol as well as related information and services (Wikipedia, Google, images). The cities border one another, making the Tri-Cities seem like one uninterrupted mid-sized city. 2019 Tri-Cities Area Journal of Business All Rights Reserved. By 2020, it had grown to 14.5%. The most recent estimate put MHI in the two counties at nearly $68,300. If in-migrants are largely well-heeled, their demand for goods and services might push up prices or access in key markets. Maybe the Tri-Cities should, at least by one measure. More than 50% of the population in Franklin County is Hispanic, and almost 24% of the population in Benton County is Hispanic, according to 2020 Census data. But not last year. Opera on the Vine presents: Musical Theatre. Over the past decade, its share of the greater Tri-City population has climbed from 10.2% to 14%. The smaller, less known Tri-Cities region lies in Western Michigan 's Ottawa County. We thought, The growth is happening in the Tri-Cities. For the class of 2020, the on-time (four-year) high school graduation rate was 79.5% for the Kennewick School District, 80.5% for the Pasco School District and 92.1% for the Richland School District. Aug. 21, 2022 For many of these top 10 growth cities, we found that a rebounding group quarter population or annexation was a larger factor in the population increase than new housing growth. 2019 Tri-Cities Area Journal of Business All Rights Reserved. And counties with less than 100,000 had a 13% share, which was larger than usual due to more people living together in group quarters. For the metro area, the 2020 unemployment rate rose from 5.6% the prior year to 8.4%, or by half. The development will be built on an old airport strip but will become a walkable, urban space the first of its kind in the region, said Larry Peterson, director of planning and development at the Port of Kennewick. 2020 Census. Or the ability to find a primary care physician. They eventually added more land to the preserve and looked to other mountains in the ridge. "The more we grow our population, the greater awareness that we have," he said. According to the 2018 census bureau estimates, the combined population of the Johnson City Metropolitan Statistical Area (MSA) and the Kingsport/Bristol MSA, was more than 510,000, which is only slightly smaller than the Lexington, KY MSA. If we hadnt got in there when we did and werent as successful as we were in raising money, that land would have been lost, Grand said. Visualize data. The July 1, 2007, population of the four-county metropolitan area is estimated at 376,160. But theres only so much space and so many resources for the people who are moving there. Neighboring Benton County grew by about 18%, which is above the 14.6% state average, according to the Census report. The Tri-Cities are an informal grouping of the three adjacent suburban cities of Coquitlam, Port Coquitlam, and Port Moody, along with the two villages of Anmore and Belcarra in the northeast sector of Metro Vancouver in British Columbia. More development on one piece of land is a trend that is coming, Peterson said. It most certainly will in 2019, if it hasn't already. Jury finds Airway Heights Corrections Center had hostile work environment in sexual harassment case, DOC must pay $175k, Spokane City Council unanimously approves four-year police contract, eyes asking voters for tax increase , Structures destroyed in Colville-area fire; Red Cross sets up evacuation shelter , North Idaho College to withdraw all intercollegiate athletics from Northwest Athletic Conference, 'It's unreal': Stevens County's Emerson Brothers get emotional at Spokane premiere of their biopic 'Dreamin' Wild'. Seattle and Portland are 3 hours by car. That's up from 279,170 last year, according to the state Office of Financial Management's data released June 30. 2019 Tri-Cities Area Journal of Business All Rights Reserved. Hard Rock Casinos also boast unparalleled access to sought-after performers of all types bringing more high-quality entertainment to the Tri-Cities region. Robust population growth brings general as well as specific consequences. More people are moving to the Tri-Citiesor at leaststaying in the region andmovingto a neighbouring community. About Site | Privacy Policy | Terms and Conditions, Tri-Cities diverse population continues to grow but not its income, 8524 W. Gage Blvd., #A1-300 Kennewick, WA 99336. 2019 Tri-Cities Area Journal of Business All Rights Reserved. 2019 Tri-Cities Area Journal of Business All Rights Reserved. Conversely, Tri-Cities houses a population that is larger than Pensacola, FL, Raleigh, NC, and Reno, NV. Opera on the Vine presents: Musical Theatre. The April 1, 2022, population estimate for Washingtons incorporated cities and towns is 5,156,000, an increase of 1.6% from last year. But it seems likely that the 65+ population continued to loom even larger in 2020. A quick look at some of these factors leads one to conclude that the local aging trend is probably going to continue. In 2010, their share of total population was 10.4%. We arent going to solve the housing crisis, Peterson said. At the same time, Jones said there has been very strong job creation in the area, which has attracted a number of people. Consistent with previous years, over 67% of the states population growth occurred in the five. The BNSF and Union Pacific Railroads have a major presence in the Tri-Cities and the Columbia River connects the region with the Port of Portland. Census data shows that, between 2010 and 2020, the Hispanic population in Franklin grew by more than 31%. In pandemic year 2020, the population in the greater Tri-Cities grew among the fastest of all metro areas in Washington state. Commercial opportunities are plentiful and demand is strong in Kennewick. But it reversed the back-to-back years of population losses during the early years of the 2010-2020 decade. Sign-up for our e-newsletter filled with featured stories and latest news. Franklin County, population 99,750, grew 1.42%, adding 1,400 people in 2022. Meanwhile, Port Moody's population endured a modest decrease of 0.05 per cent with 16 fewer people calling the City of the Arts their home. Most future trails likely will have to be created through residential areas, Grant said. While agricultural and manufacturing is still a large sector of the workforce, Valadez said the type of work is starting to change, with even more people going to work in school districts, the Pacific Northwest National Laboratory or the Hanford nuclear site. Looking forward, OFMs forecast anticipates the two counties adding about 48,000 people by 2030. Education has long been seen, at least theoretically, as a means by which children can break away from trying circumstances of their parents. Major employers are the Battelle/Pacific National Laboratory, Lockheed Martin, Bechtel National, Amazon and Tyson Fresh Meats, according to the Tri-City Development Council. The economic output of the Tri-Cities metro area was estimated at $21.5 billion in 2018, which is larger than the economies of Mobile, AL and Pensacola, FL. NEW YORK CITY (WABC) -- New York City has unveiled its next moves in the ongoing effort to control its rodent population. according to the Spokane Association of Realtors. I felt like the doors were open for me. More than 50% of the population in Franklin County is Hispanic, and almost 24% of the population in Benton County is Hispanic, according to 2020 Census data. The largest population change in the state occurred in Franklin County, which grew by 24%. Date. For many years the Bureau of Labor Statistics has maintained a separate consumer price index for the elderly, the CPI-E. Several departures from the market basket of the common CPI are worth mentioning for the CPI-E. Anecdotally, Holt said she has heard quite a number of people moving into the area from the West Side of the state or Portland. 8. The Hispanic Chamber of Commerce tries to be a trusted messenger for the community, Valadez said. While that puts mortgage payments beyond some families, households in the Tri-Cities earn a median yearly income of $72,538, and 48.98% earn more than the national average. As the retail hub of southeastern Washington and northeastern Oregon, shopping opportunities abound in west Kennewick in the area of Columbia Center mall, and in east Kennewick in the historic Downtown Shopping District. New fire and police stations are being built closer to new development, like the new Vista Field in Kennewick. Seattles population increased by 20,100 people for a total of 762,500. The soaring home prices are similar to whats been seen in Spokane, where the median sales price for a home was $440,000 in June. Thats where we need to be.. PETERSBURG, Va. (WRIC) Despite financial concerns, a small but mighty church in Petersburg is fighting to continue offering support to its community's homeless population. This brings the bicountys areas population to 312,050. Source: U.S. Census Bureau (web). The state Office of Financial Management released the data June 29. According to new census data released today (Oct. 26), the area's population grewto 246,701 people 15 years and older, as of 2021, across Coquitlam, Port Coquitlam, Port Moody, Anmore and Belcarra. Another challenge lies in physical infrastructure. [3] Communities Over 50,000 inhabitants Kennewick (principal city) Pasco (principal city) Housing prices have soared recently as availability becomes scarce. Kennewick-Pasco-Richland MSA The intent is building an interesting place, Peterson said. While this future would bring the two counties only to the current share of older adults in Spokane and Walla Walla, it would nonetheless signal a major shift in the makeup of the area. A recent (2019) analysis by the Kaiser Family Foundation of medical expenditure data found that 36% of all U.S. health spending was taken up by older adults. Tour the Tri-Cities for the best haunted houses, Popular wings franchise coming to former Port Moody pub, Business fined $5K for 24-foot fall risk at Anmore house project, Own a Port Coquitlam blueberry farm with spectacular views for under $5M, Coquitlam wins five golden blooms at international parks competition. More people are moving to the Tri-Cities or at least staying in the region and moving to a neighbouring community. Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Trends data clearly shows the swelling of the 65+ ages over the past decade. Sign-up for our e-newsletter filled with featured stories and latest news. 2019 Tri-Cities Area Journal of Business All Rights Reserved. From a general economic perspective, its hard to see too many negatives, as economic activity should climb roughly proportional with population growth. She got a group of local residents together and helped formed Friends of Badger Mountain in 2003. Benton-Franklin Trends, the institutes project, uses local, state and federal data to measure the local economic, educational and civic life of Benton and Franklin counties. This placed the two-county area third, after Clark County (Vancouver) and the greater Wenatchee area. 3028 Peoples St Johnson City, TN 37604-1442; T 423.928.8361 F 423.268.2341; Map and Directions Map and Directions; Tri-Cities. I dont know how were going to preserve more land, Grant said. If enough of the population growth comes from families having children, then classrooms need to be added, leading ultimately to new schools, which of course have to be funded. The group wanted to do something before the trails they always used were taken over by development, she said. Dramatically rising prices of residential real estate, found in Trends data, is one consequence. Richland ranked 19th and Kennewick 22nd. A lot of the Latino population move in from other parts of the state, he said. If you continue to use this site we will assume that you are happy with it. Some people were priced out of the homes on the West Side and moved to the area for cheaper housing or cheaper utilities, like electricity, Holt said. But they didnt stop there. Seattle, Bellingham, Lake Stevens, Lacey and Vancouver rounded out the top 5. Since then, he has opened two more locations in the other two cities that make up the Tri-Cities, Kennewick and Richland. Unincorporated Benton County ranked No. Jay Inslees Approval Compares to the Nations Most Popular Governors, How the Gun Ownership Rate in Washington Compares to Other States, This is the Least Expensive Housing Market in Washington, Law Enforcement Agencies in Washington Have Acquired Millions of Dollars in Military Equipment, Supreme Court sides with Colorado-based Christian website designer in First Amendment case, Expansion of negotiation, reducing supply chain barriers in Senate bill, Supreme Court strikes down Bidens student loan cancellation, AG coalition asks EV manufacturers to continue installing AM radios, Feds: National debt will be nearly twice as large as U.S. economy in 30 years.