Page 16 - LRCC FOCUS MAGAZINE JUNE 2024
P. 16

Reviving Growth








                 Local Organizations Encourage More Young


               Professionals to Call Greater Lansing ‘Home’



                                                   By Jennifer McEntee

        It’s no secret that Michigan has struggled to compete   by 2045, — while residents aged 20 to 34 could decrease
        with faster-growing peer states to attract and retain   by 70,000 during that time. Lansing’s median age is 33.
        a population that will sustain the economy. In fact,
        Michigan is 49th in terms of population growth          All of these data points are pixels of a larger picture:
        nationwide, ahead of only West Virginia.                to maintain the well-being of our communities
                                                                and economy, state and regional leaders need to
        “The Sun Belt has been for a long time gaining population,   work together to attract and retain the working-age
        while Midwestern states have struggled to gain          population.
        population,” said Hilary Doe, Chief Growth and Marketing
        Officer for the Michigan Economic Development          “We have every reason to believe that by employing some
        Corporation, or MEDC.                                   of what we’ve learned, we can turn that around,” Doe said.
                                                               “In Michigan, we’re really strategically positioned for future
        The Greater Lansing region’s population growth is       growth, and, frankly, the Greater Lansing region and the
        trending similarly to the state overall, Doe said.      tri-county area have a lot going for them.”

        “We pull data for the whole state as part of                     The MEDC works with more than 100
        the work to track Michigan’s growth, and                            economic development partners to market
        Lansing looks a lot like the state does      “In Michigan,             Michigan as an idyllic place to establish
        in general,” she said. “So over the last      we’re really               growing businesses in vibrant
        handful of years, there have been                                         communities.
        small ups and downs, but it’s been           strategically
        relatively flat.”                       positioned for future               Doe said that MEDC’s marketing
                                             growth, and, frankly, the              campaign “We Can in Michigan”
        According to U.S. census data       Greater Lansing region and              hopes to draw future residents
        tracked by MEDC, the City of                                                with attributes like walkable,
        Lansing had 112,963 residents        the tri-county area have a             transit-rich neighborhoods,
        in 2022, up 1,130 people or just 1       lot going for them.”               major industries and start-up
        percent from the year prior. It’s a        — Hilary Doe, Chief Growth      entrepreneurs, and abundant higher
        minor gain considering the city lost         and Marketing Officer,       education.
        5,655 people or 4.81 percent from 2020        Michigan Economic
        to 2021.                                      Development Corp.       “Our universities are producing incredible
                                                                            entrepreneurs and young professionals.
        The tri-county area’s population data is likewise               We want to really keep those folks in our state
        only showing incremental improvements. In Clinton       to build their companies here,” Doe said. “We need to
        County, MEDC estimates the population grew by 0.41      ensure those folks can build their futures here and see
        percent to 79,748 people from 2021 to 2022. Eaton       themselves staying here for the long term.”
        County’s population was up 0.04 percent to 108,992 for
        the same period, while Ingham County’s population       Homegrown Talent
        increased just 0.03 percent to 284,108 during that time.
                                                                Christopher Sell, associate director for development in
        Some of the state and local population trends are       the Burgess Institute for Entrepreneurship & Innovation
        attributed to people moving to other states, low birth   at Michigan State University, has long recognized that
        rates, and a spike in COVID-19-related deaths. Data     Lansing needs who he calls “emerging professionals”:
        collected by Guidehouse Inc. as part of Michigan’s      students who are about to graduate from a local
        statewide growth initiative “Growing Michigan Together”   university, those who’ve recently graduated from here or
        also suggests our communities are getting older.        elsewhere, or even mid-career professionals who grew
        Michigan’s 65 and over population is projected to be the   up in Michigan, moved away, but are finding their way
        fastest growing cohort statewide — by almost 30 percent   back home.

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