The Sheboygan County Economic Development Corporation (SCEDC) compiled major real-estate developments which have been completed or started in 2017 & 2018. The map is the most comprehensive document showing development in the Sheboygan-area.
This impressive showing of developments is only the physical manifestation of phenomenal growth in Sheboygan County. Over the last years the momentum in Sheboygan County’s growth has been building. Data recently released by the US Department of Housing and Urban Development as well as the Wisconsin Department of Workforce Development indicates not only is Sheboygan County growing quickly but has started to outpace Wisconsin’s traditional economic success outlier, the Madison MSA.
- Employment Growth
o Sheboygan MSA grew by 3.4%
o Madison MSA grew by 2.5%
- Labor force pool
o Shebogyan MSA grew by 3.0%
o Madison MSA grew by 2.2%
- Median Family Income
o Sheboygan MSA increased by 8.3%
o Madison MSA increased by 7.6%
Sheboygan County has accomplished the growth without a major research university, without a commercial passenger airport, nor does Sheboygan sit at the crossroads of Interstates. However, the Sheboygan MSA does file more patents per capita than Madison, Sheboygan has created best-in-class K-12/employer partnerships, is the only community in Wisconsin with comprehensive relocation marketing campaign through its SomeplaceBetter.org and has a robust entrepreneurship support system.
The SCEDC Director, Dane Checolinski, “I was surprised to see that these major indicators pointed to such strong growth. I knew we had a strong market and growth, one that we expect to continue into the immediate future.” To further accelerate the County’s growth, the SCEDC has recently announced plans for a new small metro innovation district, entitled FreshTech and has aggressively pursued housing development to aid in the growth of the local economy.
Data Sources:
Labor Force & Employment: Wisconsin DWD (www.jobcenterofwisconsin.com/wisconomy/query)
Median Family Income: US Department of Housing and Urban Development (HUD) | FY 2017 – FY 2018 (www.huduser.gov/portal/datasets/il.html)
Patients: Brookings Institute (www.brookings.edu/research/patenting-prosperity-invention-and-economic-performance-in-the-united-states-and-its-metropolitan-areas/)