1. Economic & Demographic Assessment Data
Daniel K. Stephens, Intern

2. Who am I? Daniel Stephens Senior at North Summit Reside in Henefer
Business and Marketing Sterling Scholar
Strong love for local government, entrepreneurship, and economic ideals

3. Targets Implementation SWOT Start-up Expansion Recruitment
Focus Groups
Workforce Plan
Detailed Process
Implementation
Surveys
4. How do we align our workforce to the needs of businesses ?
Demographic Assessment
SWOT
Marketing Plan
7. How do we execute the
plan’s recommendations
and
engage the community?
Infrastructure Inventory
Targets
5. What message should we convey to attract our target industries?
Incentives Analysis
Start-up
Expansion
Recruitment
2. What are the challenges & opportunities
presented to us?
Community Benchmarking
Land Use Plan
6. How do we prepare our community for new residential growth and targeted industries?
Industry Cluster Analysis
1. Where are we now and how do we stack up?
3. Which industries will
yield the highest degree of
success and impact?

4. McrSAs
“The "Summit Park Utah Micropolitan Area" is really western Summit County. I was unable to find a map of it to see if Promontory, for example, is included, or if Deer Crest is excluded because it is across the county line and part of the Heber Micropolitan Area. It looks like the Census Bureau is willing to blur any line except a county line, and those seem pretty solid.”
-Tom Clyde; Park Record

5. Micropolitan Statistical Area (McrSA)
Defined by the Federal Office of Management and Budget (OMB). The Micropolitan Statistical Area (McrSA) designation was created in 2003.
Centered on an urban cluster (urban core area) with a population at least 10,000 but less than 50,000. Outlying areas included are, again, defined by commuting patterns (at least 25 percent of people in outlying areas are working in the core).
Micropolitan cities do not have the economic or political importance of large cities, but are nevertheless significant centers of population and production, drawing workers and shoppers from a wide local area.

6. Summit County Henefer Coalville Park City Silver Summit Summit Park
Snyderville
Kamas
Francis
Oakley
Wanship
Peoa
Hoytsville
Samak
Echo
Marion
Woodland

7. Utah’s McrSAs

8. McrSA Economic Strength Leaders 2017 (2015 Data)
Dickinson, ND (McrSA) 11
Torrington, CT (McrSA) 2
Williston, ND (McrSA) 12
Andrews,TX (McrSA) 3
Claremont-Lebanon, NH-VT (McrSA) 13
Baraboo, WI (McrSA) 4
Carlsbad-Artesia, NM (McrSA) 14
Vineyard Haven, MA (McrSA) 5
Minot, ND (McrSA) 15
Brookings, SD (McrSA) 6
Laconia, NH (McrSA) 16
Durango, CO (McrSA) 7
Bozeman, MT (McrSA) 17
Traverse City, MI (McrSA) 8
Barre, VT (McrSA) 18
Aberdeen, SD (McrSA) 9
Summit Park, UT (McrSA) 19
Beaver Dam, WI (McrSA) 10
Lewisburg, PA (McrSA) 20
Rock Springs WY (McrSA)
Sources: Bureau of Economic Analysis, Bureau of Labor Statistics, US Census Bureau

10. Source: US Census/OntheMap/LODES data

11. Where Kamas City Residents Work (%)

12. Where Coalville City Residents Work (%)

13. Automobiles & Lt. Trucks
Source: Utah State Tax Commission
Registrations are tied to a Summit County address

17. Average Earnings Per Industry 2016 NAICS 90

18. Average Earnings Per Industry 2016 NAICS 72

19. Average Earnings Per Industry 2016 NAICS 71

20. Accommodation and Food Services Health Care and Social Assistance
Arts, Entertainment, Rec
Retail Trade
Accommodation and Food Services
Health Care and Social Assistance
Government
Construction
Manufacturing
Real Estate
Professional Services
Administrative Services
Other Services
Utilities
Information
Crop and Animal Production
Mining
Management of Companies
Transportation
Finance and Insurance
Educational
Wholesale Trade
Unclassified Industry

22. Education

23. Targets Implementation SWOT Start-up Expansion Recruitment
Focus Groups
Workforce Plan
Detailed Process
Implementation
Surveys
4. How do we align our workforce to the needs of businesses ?
Demographic Assessment
SWOT
Marketing Plan
7. How do we execute the
plan’s recommendations
and
engage the community?
Infrastructure Inventory
Targets
5. What message should we convey to attract our target industries?
Incentives Analysis
Start-up
Expansion
Recruitment
2. What are the challenges & opportunities
presented to us?
Community Benchmarking
Land Use Plan
6. How do we prepare our community for new residential growth and targeted industries?
Industry Cluster Analysis
1. Where are we now and how do we stack up?
3. Which industries will
yield the highest degree of
success and impact?

24. Are there any Questions?
Thank You!
Are there any Questions?