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Profile of Lexington, KY
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Profile of Lexington, KY

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This is a presentation we put together for a client company looking to establish a presence in Lexington.

This is a presentation we put together for a client company looking to establish a presence in Lexington.

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  • Kentucky: Pop – 4.3 million Lforce – 2.07 million Med Age – 37.8 years US: Pop – 304 million Lforce – 153.5 million Med Age – 36.9 years Sources: Population and Median Age – US Census American Community Survey (2008) Labor Force – Kentucky Office of Employment and Training (November 2009)
  • UK: 10,900, Lexmark: 3500, Central Baptist: 1600, Verizon: 360, Xerox: 2000, St Joseph: 2500, Toyota: 7000, HP: (150), Link Belt: 530, Amazon.com: 950, IBM: 500+, Webasto: 500, EKU: 2100, Valvoline: 750, LFUCG: 2900, Trane: 1100
  • Lexmark: $16.5m (2009) Xerox (ACS): 230 jobs (2009) Summit Biosciences: 22 jobs, $5m (2009) JIF: 8 jobs, $17m (2008) Toyota: $413m (2007) LabDx: 65 jobs, $7m (2009) Transposagen: 15 jobs (2008) Trane: $30m (2009) Link-Belt: 100 jobs $9m (2009) Argonne National Laboratory: 23 jobs, $6.5m (2009) EDS: 5 jobs, $360k (2009) NTSG: 10 jobs, $1.4m
  • November 2009 Unemployment Rates: Lex-Fayette County: 7.1% Bluegrass Region: 7.8% USA: 9.4% Source: Kentucky Office of Employment and Training
  • Source: Bureau of Labor and Statistics – Quarterly Census of Earnings and Wages (2008 Annual)
  • Source: Bureau of Economic Analysis (2008) KY: 1.6%
  • Source: Kentucky Cabinet for Economic Development
  • Source: Kentucky Cabinet for Economic Development
  • Source: UPS
  • Source: Kentucky Council on Post-secondary Education
  • Source: US Census American Community Survey (2008) US: 27.7% Bachelors, 10.2% Advanced KY: 19.9% Bachelors, 7.9% Advanced
  • From the top: National Geographic Traveler Magazine (2001) Expansion Management Magazine (2007) Business Facilities Magazine (2008) Worldwide ERC and Primacy Relocation (2008) Forbes (2008) Relocate America (2009)

Transcript

  • 1. A Profile of Lexington, KY
  • 2. Lexington-Fayette County Bluegrass Region Population: 282,114 Median Age: 35.3 years Labor Force: 150,421 Population: 583,460 Median Age: 35.7 years Labor Force: 303,721 Fayette Scott Franklin Bourbon Clark Madison Jessamine Woodford
  • 3. Major Regional Employers
  • 4. Recent Locations & Expansions
  • 5. Lexington Unemployment 2009
  • 6. Lexington Employment Sectors
  • 7. Lexington’s Economy 2.3% 2.0% Lexington MSA USA Compound Annual Growth Rates Since 2001 Private Goods-Producing $5.8b Government $3.3b $22.7 Billion Metro GDP Private Service-Producing $13.7b
  • 8. Lexington’s Location 14 Non-stop flights to destinations
  • 9. Lexington is also about an hour’s drive from: Lexington CVG 70+ 22 SDF non-stop destinations non-stop destinations
  • 10. Lexington’s Location I-75 At the crossroads of & I-64
  • 11. Lexington’s Location 50% Within 600 miles of of the US population
  • 12. Lexington is home to the largest UPS ground hub in Kentucky. Lexington Delivery to: 60% of the US population in 2 days 79% of the US population in 3 days
  • 13. Lexington is also less than 100 miles from: Lexington UPS Worldport DHL Express International Sorting Hub
  • 14. Lexington is also less than 100 miles from: UPS Worldport Delivery to: 80% of the world’s population in hours 48
  • 15. Colleges and Universities enrolled 66,000 yearly graduates 14,000
  • 16. of population with at least a bachelor’s degree #13 among US cities over 250,000 people of population with an advanced degree #10 among US cities over 250,000 people Educational Attainment 16.7% 39.1%
  • 17. Quality of Life: Natural Beauty
  • 18. Quality of Life: Horse Capital of the World
  • 19. Quality of Life: First Ever American Host of the World Equestrian Games
  • 20. Quality of Life: Championship College Sports
  • 21. Quality of Life: Championship College Sports
  • 22. Quality of Life: Vibrant Downtown
  • 23. Town & Gown
  • 24. Rankings and Accolades #2 Most Educated Workforce #5 Best Places for Business & Careers #2 Best City for Relocating Families Top Ten Best Places to Live National Geographic Place of a Lifetime 5-Star Business Opportunity and Quality of Life Metro