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Plattsburgh City Plattsburgh City Schools Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

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Page 1: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Plattsburgh City Plattsburgh City SchoolsSchools

SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University

Economic and Demographic Report

Page 2: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Project Description

City of Plattsburgh School District asked for detailed data for use in facilities and staff planning

School Board and business manager using data; plan to repeat research in net several years

Economic and Demographic Report:SUNY Plattsburgh Technical Assistance Center (TAC)

Page 3: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Demographics

Gender, age, race, household size, population, housing stock, labor force, income and poverty levels Health insurance coverage rates, births by school districts

Economic and Demographic Report:SUNY Plattsburgh Technical Assistance Center (TAC)

Median Household Income

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

$45,000

$50,000

1980 1990 2000

City of Plattsburgh

Clinton County

New York State

Page 4: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic Report:SUNY Plattsburgh Technical Assistance Center (TAC)

Employment/Wages

Employment, employment by industry, industry projections, unemployment

Location quotients by industry, wage comparisons

Page 5: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic Report:SUNY Plattsburgh Technical Assistance Center (TAC)

Employment/WagesClinton County Employment Growth by Industry (June 2008-2009)

Source: New York State Department of Labor - Current Employment by Industry, 2009

Industry Percent Change

Retail Trade 9.2%

Publishing Industries (Except Internet) 6.6%Beverage and Tobacco Product Manufacturing 6.4%Transit and Ground Passenger Transportation 5.4%

Water transportation 5.3%

Support Activities for Transportation 4.2%Heavy and Civil Engineering Construction 2.9%

Couriers and Messengers 2.9%Amusement, Gambling and Recreation Industries 2.7%

Industry Percent Change

Administrative and Support Services 2.6%

Ambulatory Health Care Services 2.6%Nursing and Residential Care Facilities 2.6%

Apparel Manufacturing 2.5%

Construction 2.4%

Construction of Buildings 2.4%

Specialty Trade Contractors 2.3%Museums, Historical Sites, and Similar Institutions 2.2%

Social Assistance 2.1%

Page 6: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic Report:SUNY Plattsburgh Technical Assistance Center (TAC)

Industry Location Quotient

Hospitals 1.48Nursing and Residential Care Facilities 1.45

Non-store Retailers 1.45Building Material and Garden Equipment and Supplies Dealers 1.43

Mining (except Oil and Gas) 1.38

Manufacturing 1.23

Motor Vehicle and Parts Dealers 1.21

Educational Services 1.21

Health and Personal Care Stores 1.18

Food and Beverage Stores 1.17Sporting Goods, Hobby, Book and Music Stores 1.09

Utilities 1.07

Industry Location QuotientSecurities, Commodity Contracts and other Financial Investments and Related Activities 5.91

Animal Production 4.97Fish, Hunting and Trapping 3.80Primary Metal Manufacturing 2.95Religious, Grantmaking, Civic, Professional and Similar Organizations 2.49Other Information Services 2.22Chemical Manufacturing 1.91Support Activities for Agriculture and Forestry 1.90Support Activities for Transportation 1.77

Social Assistance 1.72

Crop Production 1.69

Gasoline Stations 1.50

North Country Location Quotients by Industry

Page 7: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

$60,279

$35,043$36,810

$62,094

$31,954$33,326

$51,283$42,387 $48,269

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

Total, AllIndustries

Total, All Private Total, AllGovernment

Wage Comparisons 2008 - State, Region and County

NYS

North Country Region

Clinton County

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

Employment/Wages

New York State Department of Labor, Quarterly Census of Employment Wages, 2009

Page 8: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

Cost of Living

Plattsburgh area 5 year composite cost average is approximately 99.5% in an index of >300 cities nationwide (www.coli.org)

Burlington, VT 5 year composite average = 118% of indexGlens Falls, NY 5 year composite average = 108% of index

Page 9: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Business and Economic Indicators

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

Business composition/size of employment, openings/closings/ contractions/expansions of business

Job shifts by sector, IDA and DOL reported jobs

Residential building permits past 10 years and estimated value

Page 10: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Business and Economic Indicators

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

Census Bureau Statistics for US Businesses

Status of Businesses in Clinton County 2002-2007

Births8% Deaths

7%

Expansions25%

Contractions26%

Constants34%

Page 11: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Business and Economic Indicators

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

New York State Association of Realtors, 2009

Median Sales Price of Single Family Homes Sold 2006-2008- Clinton County, Essex County and NY State

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

2006 2007 2008

Clinton County

Essex County

New York State

Page 12: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

Property Valuations and Foreclosures

Total values of property valuations 2000 to 2009 in City of Plattsburgh

Broken down into residential, commercial, industrial values as well

Foreclosures in city and county vs. nation

Page 13: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

HOUSING

Real Property Valuation in city last decade (CPI =25%):

- Total increase: 31%- Residential increase: 74%- Commercial increase: 44%- Industrial increase: 35%

Nearly one-third of properties are tax exempt

Page 14: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC)

HOUSING

$0

$200,000,000

$400,000,000

$600,000,000

$800,000,000

$1,000,000,000

$1,200,000,000

$1,400,000,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Total Assessed Values - City of Plattsburgh 2000-2009

Page 15: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University

POPULATION PROJECTIONS

CITY OF PLATTSBURGH

Total

2010 19,266

2015 19,352

2020 19,376

2025 19,301

2030 19,103

2035 18,778

CLINTON COUNTY

Total

2010 81,013

2015 80,084

2020 78,749

2025 76,877

2030 74,493

2035 71,708

Page 16: Plattsburgh City Schools SUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University Economic and Demographic Report

Economic and Demographic ReportSUNY Plattsburgh Technical Assistance Center (TAC) and Cornell University

POPULATION PROJECTIONS:0 to 19 years

CITY OF PLATTSBURGH

Total

2010 4,217

2015 4,117

2020 4,119

2025 4,001

2030 3,860

2035 3,715

12% overall decline of 0-19 year-olds

20% decline projected in age group at county level