Greater Dubuque Development Corporation's 'You Can Be Great Here' Campaign Progress BrochureCopyrighted
March 4, 2024
City of Dubuque Action Items # 01.
City Council Meeting
ITEM TITLE: Greater Dubuque Development Corporation's 'You Can Be Great Here'
Campaign Progress Brochure
SUMMARY: City Manager providing a copy of Greater Dubuque Development
Corporation's 'You Can Be Great Here' Campaign Progress Brochure
that will be distributed with City utility bills from February 14 through
March 6, 2024.
SUGGESTED Suggested Disposition: Receive and File
DISPOSITION:
FIN aL[91:ILy,121zk ]
Description Type
'You Can Be Great Here' Campaign Progress Supporting Documentation
Brochure
YOU
Population Growth
105,000
104,000
103,000-
102,000 .................
_
101,000 .....................................................................................................................
_.
100,000
__.......................................................................................................... _.
99,000..............................................................................................................................
_.........
98,000
............. ..................... ......_. ._ ......... ___ ..........
2021 2022 2023 2024 2025
2026
Source: American Community Survey, based on 5-year estimates, updated annually
Dubuque County Labor Force
66,000
....................
64,000
_. _.. _. _.. _ _— ................*..
62,000
.......... .... ...... ... ...................................................
20:
20:
60,000 .......
_.. _. _
_2021
58,000
..........
56,000 --
- --
JAN
FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC
Source: Iowa Workforce Development Monthly Labor Force Summary, updated monthly
Median Household Income
$76,000
$74,000
_............................................. _.
$72,000
$70,000 _..............
................. _..
$68,000 __......_
............... _.....____.. _.. _.. _.__.
$66,000_............................................................................
_...
$64,000
_.._... _.._. ._..... _.._... _....... ._. _...
2021 2022 2023 2024 2025
2026
Source: American Community Survey, based on 5-year estimates, updated annually
Construction Investment
$1,200,000,000
......................
$1,000,000,000
_..........................*.......
$800,000,000
_.... _.. _.. _.. _.. _.. _. _.. _.. _.. _.. _.. _. _.. _.. _.. _.. _.. _..... _.. _.... _.
$600,000,000
_..................... _.. _.. _..........._.
$400,000,000
- Total Construction Cumulative
$200,000,000
- -Commerciale
Residential
$o
2022 2023 2024 2025
2026
Source: City of Dubuque a Dubuque County (incorporated & unincorporated), updated monthly
Poverty Rate
11 0%
State oflowq
10.0%
— Dubuque County
9.0%
8.0%
......... .... ......... ......... ......... ..........
.............
7.0%_...........................................................................................................................................
6.0% ...._
.......... ........_..... _.._.......... ............_.... _.._.......... ...._.._....
_
2021 2022 2023 2024 2025
2026
Source: American Community Survey, based on 5-year estimates, updated annually
Dubuque County Population Growth
105,000
,�? GOAL: Make 2027 the year that the Dubuque County
population reaches 105,000.
PROGRESS: MAINTAINING - As of April 2023, Dubuque
County's population is holding steady at 98,677.
Dubuque County Labor Force
64,00OJobs*
,�? GOAL: Grow our regional workforce to over 64,000 jobs
by 2027
PROGRESS: RECOVERING - Recovery continues with
near pre -pandemic employment levels at 61,100 as of
December 2023 and a high of 61,300 in May 2023.
*Nationally 13% of workers work 100% virtually and if it is for an out of
town employer, they would not be counted in this number.
Dubuque County Median Household Income
$76,000
GOAL: Increase Dubuque County's median household
income to $76,000 by 2027.
PROGRESS: ON TRACK - As of December 2023, median
household income has increased from $68,198 (2021
benchmark) to $73,495.
Construction Investment
$1 billion
GOAL: Encourage and facilitate $1 billion of cumulative
new residential and commercial construction by 2027
PROGRESS: ON TRACK - As of December 2023, total
cumulative residential and commercial construction
investment in Dubuque County rose to $402,605,219.
Poverty Reduction
-5%
,j�T GOAL: By 2027, reduce the number of households below
the Dubuque County Supplemental Poverty Measurement
by five percent to 8.8%.
PROGRESS: OFF TRACK - As of December 2023, the
poverty rate for Dubuque County rose from 9.9% to 10.0%.
YOU
=19:
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Established in November 1984, Greater Dubuque Development
is a public/private non-profit partnership formed for the
purpose of creating and retaining quality employment within
our region while maintaining and enhancing our quality of life
for the benefit of all businesses and citizens. While our focus is
on Dubuque and Dubuque County, also referred to in economic
development terms as the Dubuque Metropolitan Statistical
Area (MSA), the positive impact of our actions and relationships
ripple throughout the Tri-State region.
Our 2022-2027 YOU can be great here campaign is a five-year
plan with aggressive goals, clear strategies, and actionable
steps aimed at population growth, job creation, increased
wages, construction investment, and poverty reduction. Through
our three pillars of Workforce Solutions, Business Services,
and Strategic Initiatives, we support and grow our business
community and their workforce while constantly improving
our region's quality of life. With the help of regional leaders,
businesses, non -profits, educational institutions, and citizens
working closely together, we can create a vibrant region of
choice that delivers on the promise YOU can be great here.
105K
Make 2027 the year that the
Dubuque County population
reaches 105,000.
By 2027, grow the regional
workforce of Dubuque County
to 64,000.
$761(ousehold-
Increase the Dubuque MSA
median household income to
$76,000 by 2027.
■ nstructic
Encourage and facilitate
$1 billion of cumulative new
residential and commercial
construction by 2027.
educe
R!I10-71-Sioverty AN
By 2027, reduce the number of
households below the Dubuque
County Supplemental Poverty
Measurement by five percent.
D11 e-wrin !gyp rjre%_nt hp-rp,
Manage
resources
and facilitate
relationships
that streamline
connections
between
employers and
job seekers.
Establish and
maintain trusted
relationships
with business
community and
public sector to
advocate and
support regional
growth.
n1A
Facilitate
economic
growth by
analyzing and
cooperatively
addressing
gaps in
community
services.
13,488 I o 111 Recruit
NewJobs Posted to and retain
AccessDubuqueJobs.c newcomers
Regional Job Board (FY23
through direct
programming
395 and targeted
11�Vmarketing
Job Seeker Career Fair strategies.
Attendees (FY23*) 11
250
Identify and
InfoActi
promote
►ntervie
opportunities
Annually
for business
relocation
247
and business
expansion
Business Assista
within the
Request Followu
(FY23*)
region.
Bring the public
and private
sectors together
/ to secure and
a
utilize diverse
resources to
deliver on
community
priorities.
O 10
Connect
in Distinctively
untapped
Dubuque Newcom
talent with
Program (FY23*)
opportunities
for personal
and
92
professional
Community Tours
00
growth in the
Provided (FY23*)
community.
ao 5New ETOWAssi
by 00 00
00 00 0o Greater Dubuque Development (FYY2 odat
$46,905,000 '
New Expansion Investment (FY24 to da
3, 58
Opportunity Dubuque Certificate
Completions (since 2011 program lau
Provide access Dashboard Reports 17ryroA``H
. labor ...
Annual Wage &
and market Occupations Report
mom
. insights Annual Skills Gap Analysis
resources Salary.com Compensation LEM
and promote 111111111011111111
Analysis Services
adoption of
_ practices. Business Services
f .. -
$2,158M
Chid Care Business Incentive
Grant, State of Iowa (Sept. a
$560,000
State Grant for Dubuque
Care Provider Wage Enhc
Pram (Dec. 2023)
Identify and
remove barriers,
improve public
policy and
incentives to
empower the
private sector and
inspire equitable
development.
1,994
Proposed New Housing Units
(as of DecA3)
AccessDubuque)obs.com is made possible through a Greater Dubuque Development is governed by a Board of Directors of 46 forward -thinking members of the Greater Dubuque
cce$$dubuquejob$ .com partnership between TH Media and Greater Dubuque TH M E D I A Greater community. In addition to our Board of Directors, the voices of 30 up and coming leaders from the region serve on our
Development Corporation. Connecting our Community II 4 Dubuque Future Leadership Team. For more information, visit www.greaterdubuque.org/who-we-are/our-board.
DEVELOPMENT CORP