Township of Tiny - Community Profile & Economic Trends
Providing insights into the Township of Tiny's population, age demographics, income levels, local job trends, number of employers, self-employed businesses, and building permits from 2017 to 2021, this comprehensive overview showcases the economic landscape and growth forecast of the region.
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Presentation Transcript
Community Profile: Township of Tiny March 2023
Population, Age, Average Income and Wage POPULATION 20161 11,787 20211 12,966 2051(Forecasted)2 16,010 AGE GROUPS (2021) 1 AVERAGE HOUSEHOLD INCOME 0-14 years 1,550 12% 15-64 years 3,770 29% 20201 20151 $90,152 65 years and over $108,600 AVERAGE WAGE 7,640 59% 20213 $ 51,541 (87% of national average) Sources: 1) 2016, 2021Census 2) Growth Forecasts and Land Needs Assessment, Prepared by Hemson for the County of Simcoe, March 31, 2022 3) EMSI Analyst, Dataset 2022.3, Industry Overview, Demographic Overview
Local Job Trends 988 Jobs 941 Jobs 832 Jobs 818 Jobs 804 Jobs 2018 2020 2021 2022 2019 23% from 2020-2022 Source: EMSI Analyst, Dataset 2022.3, Industry Overview, Employees
Number of Employers 2018-2022 Employers with 1-99 employees Employers with 100+ employees 300 2.5 250 271 2 244 2 200 222 214 202 1.5 150 1 100 1 1 1 1 0.5 50 46 35 35 32 26 0 0 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 100+ employees 1-9 employees 10-99 employees Source: Statistics Canada, Canadian Business Counts, by Location and Size, December 2018-2022
Number of Self-Employed Businesses 2018-2022 950 915 850 782 750 746 738 738 650 550 450 350 2018 2019 2020 2021 2022 Self-employed Source: Statistics Canada, Canadian Business Counts, by Location and Size, December 2018-2022 Please note fluctuations in these figures can come from methodological changes.
2017 2021 Building Permits Value ($000) $40 $70,552 Commercial $35,576 $43,830 $16 $20 $29,279 $20 $46,190 Residential $0 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Industrial $943 $854 $900 $100 Institutional $41 $319 $20 $0 $115 $0 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Source: Community Data: Building Permits (Pulled from Statistics Canada, 2017-2021 Building Permits), Building Permit Data from Municipality
2021 Building Permits Value RESIDENTIAL COMMERCIAL INDUSTRIAL $70.6 million 128 new units $20,000 INSTITUTIONAL $100,000 $115,000 Source: Building Permit Data from Municipality
Sectors of Interest by Job Numbers Simcoe County Tiny 185 3% 610 10% Other: Mining, quarrying, and oil and gas extraction; Utilities; Wholesale trade; Transportation and warehousing; Information and cultural industries; Finance and insurance; Real estate and rental and leasing; Management of companies and enterprises; Administrative and support, waste management and remediation services; Educational services; Other services (except public administration); and Public administration. 3,810 1% 29,610 11% 22,130 8% 400 7% 15,785 6% 325 5% 133,875 50% 3,010 51% 30,955 12% 690 12% 700 12% 33,315 12% Other Agriculture, forestry, fishing and hunting Retail Trade Tourism Manufacturing Professional, scientific and technical services Construction Source: 2021 Census
Industry Growth Sectors of Interest 2018 Jobs 2023 Jobs 2018 - 2023 Change 2018 - 2023 % Change Description Agriculture, forestry, fishing and hunting Manufacturing Professional, scientific and technical services Tourism 31 37 6 18% 39 39 0 0% 42 51 10 23% 74 94 20 27% Note, Tourism includes arts, entertainment and recreation; and accommodation and food service industries Source: EMSI Analyst Dataset 2022.3 Industry Table
Average Wages Sectors of Interest (2018-2023) Average Wage Ontario Average Wage Midland Average Wage Simcoe County Description Agriculture, forestry, fishing and hunting Manufacturing Professional, scientific and technical services Tourism $31,423 $31,079 $31,711 $59,094 $61,065 $65,498 $71,121 $63,232 $85,918 $25,225 $26,226 $30,677 Note, Tourism includes arts, entertainment and recreation; and accommodation and food service industries Source: EMSI Analyst Dataset 2022.3 Industry Table
Location Quotient 2018-2023 Source: EMSI Analyst, Dataset 2022.3 Industry Comparison
Labour Force Overview Unemployment Rate 5,345 Employed 12.2% Ontario 6,040 in the Labour Force 11,220 Total Labour Force 695 Simcoe County Unemployed 11.8% 5,180 not in the Labour Force Tiny 11.5% Source: 2021 Census
Education Level 1,799,890 14% 1,740 14% 6,778,765 55% No certificate, diploma or degree Ontario 3,204,170 26% 6,240 52% Tiny 3,235 27% College or University certificate or diploma 592,485 5% 74,780 18% High school diploma or equivalent 196,160 46% 895 7% Apprenticeship or trades certificate or diploma Simcoe County 121,245 29% 31,070 7% Source: 2021 Census
Population & Labour Force within 30km, 2021 Central Tiny 30km radius Total Population 90,539 Household population 15 years or over for labour force In the labour force 77,163 44,013 Employed 39,574 Unemployed 4,439 Not in the labour force 33,150 Source: Environics Analytics - Data Vintage 2021, Demo Stats Trends 2023 2021 Estimates
Largest Occupations in 2023 268 Jobs Trades, transport and equipment operators and related occupations 216 Jobs 124 Jobs Sales and service occupations Business, finance and administrative occupations 90 Jobs 88 Jobs 1 Natural and applied sciences and related occupations Occupations in education, law and social, community and government services 5 2 3 4 Source: EMSI Analyst Highest Ranked Occupations- Largest Occupations, Dataset 2022.3
Occupation Growth Change in Jobs (2016- 2023) 50 26 13 13 -3 12 8 2 1 3 2 Occupation 2016 Jobs 2023 Jobs % Change Trades, transport and equipment operators and related occupations Sales and service occupations Business, finance and administration occupations Natural and applied sciences and related occupations Occupations in education, law and social, community and government services Management occupations Natural resources, agriculture and related production occupations Occupations in manufacturing and utilities Health occupations Occupations in art, culture, recreation and sport Unclassified 218 190 111 77 91 49 46 40 28 24 15 268 216 124 90 88 61 54 42 29 27 17 23% 14% 11% 17% -3% 25% 17% 5% 3% 13% 17% Source: EMSI Analyst Highest Ranked Occupations- Fastest Growing Occupations, Dataset 2022.3
Labour Flows 515 Residents of Tiny work within their own community 2,795 Residents of Tiny leave their own community each day for work 655 work in non-County communities 2,140 work in other communities in the County 75 non-County residents commute into the Township of Tiny each day for work Data Limitation: These figures do not include persons who do not have a usual place of work. As a result, persons who work from home, outside of Canada or that have no fixed workplace address are not included. Source: Statistics Canada, 2021 Census of Population
Thank You Tiffany Boening Economic Development Officer County of Simcoe Tiffany.Boening@simcoe.ca 705-726-9300 ext. 1537
