Chamber of Commerce 2008 Annual Planning Retreat Columbia, Missouri Bill Elder, Director Office of Social & Economic Data Analysis (OSEDA) University of Missouri

Wh`Wh` Overview of demographic and economic trends in Boone County with a little context for details Google OSEDA

Percent Population Change Total Population World: 6.7 Billion U.S.: 302 Million Mo.: 5,878,415 Boone:

* * * * * Percent Population Change Total Population World: 6.7 Billion U.S.: 302 Million Mo.: 5,878,415 Boone: 152,435 U.S. : 20.2 Million Five States: 10.6 Million

* * * * * Percent Population Change Total Population World: 6.7 Billion U.S.: 302 Million Mo.: 5,878,415 Boone: 152,435 U.S. : 20.2 Million Five States: 10.6 Million Missouri 5.0% Boone County 12.5%

Regions within regions

Percent Change: Missouri 5.0% Boone County 12.5% Boone County Population ,435

Population Pyramid for Boone County, 2006 Males Females Taller with more women Boomers Bust Students Future Boone County Population ,435

Employment in Missouri increased by 33,100 from April 2006 to April 2007, seasonally adjusted. Source: MERIC and U.S. Bureau of Labor Statistics Employment

Regional Economic Share St. Louis County 21% Jackson County 11% Central 6.5% 2007 Missouri Economic Report “CORE”

Community Policy Analysis Center (CPAC) Employment is trending up Estimating Regional Economic Impacts--Employment

Community Policy Analysis Center (CPAC) Income is trending up Estimating Regional Economic Impacts--Income

Five sectors account for more than 60% of county employment State (MU) Retail Hotels & Food Local Gov’t Health Care

Boone County Largest Employers Source: REDI Fact Book,

Employment Change by Economic Sector – Boone County Hotels and Food Services % Health Care % Manufacturing %

Source: Bureau of Labor Statistics, Employment and Wages (ES202)

Percent Workers by Major Occupational Category, 2006 Source: ACS, 2006

CountyTwo Adults** Two Adults w/Two Infants Two Adults with Infant, Preschooler and School-aged Child** Boone$21,248.00$45,275.01$52, Callaway$20,889.23$36,288.95$43, Cole$20,226.25$35,782.84$43, Howard$21,001.78$36,455.96$43, Self-Sufficiency Wage Standards, 2006 Source: MERIC and OSEDA, Wage Calculator

Household and Family Income Boone CountyMissouri Median Household $42,163$42,841 Income Median Family $59,266$53,026 Income Source: American Community Survey, 2006.

Boone County Family Income Distribution, 2006 ACS FamilyPercent of Families HouseholdsBooneMissouri Less than $10,0001,1043.0%5.0% $10,000 to $14,9991,0332.8%4.0% $15,000 to $24,9994, %9.5% $25,000 to $34,9993, %11.3% $35,000 to $49,9995, %16.7% $50,000 to $74,9996, %22.6% $75,000 to $99,9995, %13.6% $100,000 to $149,9995, %11.3% $150,000 to $199,9991,3333.7%3.3% $200,000 or more1,3143.6%2.8% Total 36,468

Family Income Distribution, 2006

Regional Economic Share St. Louis County 21% Jackson County 11% Central 6.5% 2007 Missouri Economic Report

Source: MERIC Central

Economic Share in Missouri by County, 2006 Source: MERIC

New Businesses per 1,000 Population, 2006

Source: REDI Fact Book, 2008

Columbia Sales Tax Trends

Missouri’s rating declined from 28 th in 2002 to 35 th in 2007

Issues from the “Undertaker” Aging & Boomers Entitlements Globalization Energy Education

SOURCE: Census Bureau/NCHS. Projection algorithm, programming by OSEDA Chart Prepared by: University of Missouri Extension, Office of Social and Economic Data Analysis 24March2006

Boone County ranked first in the state for both 2006 and 2007

Boone County ranked 11 th in 2006 and 12 th In 2007 Composite Kids Count Ratings Quality of Life Indicators for Kids

Percent Change: Missouri 5.0% Boone County 12.5% Boone County Population ,435

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Chamber of Commerce 2008 Annual Planning Retreat Columbia, Missouri Bill Elder, Director Office of Social & Economic Data Analysis (OSEDA) University of Missouri