St. Clair County (SCC) Economic Indicators
The Economic Development Alliance tracks a wide range of metrics in order to assess the economic performance of the local economy.
The following metrics reflect current performance for 2018 as measured by the Economic Development Alliance using local, state and federal sources.
2018 Employment Metrics
Average 2018 Unemployment Rate: 4.6%
*Not Seasonally Adjusted
New Jobs Announced in 2018: 766
Total New Investment: $117,909,292
Industrial Occupancy Rate: 98%
Vacancy Rate: 2%
*St. Clair County has shovel-ready land and Brownfield sites also readily available for industrial use with fast permitting.
2018 Retention & Expansion Investment
Investment: $23.06 Million
Retention & Expansion Jobs Created: 121
Local Business Expansions: 24
Our companies are healthy and growing!
2018 General Metrics
- Some College/Associates Degree: 37.5% (2017)
- Bachelor's Degree or Higher: 18.4% (2017)
Household Income (2018)
- Average HH Income $65,275 (up 3.7%)
- Average Annual Wages $43,019
- 275 (2018)
When we look back at 2018, it will fondly be remembered for massive investments and developments in our hospitality industry, as well as approved legislation leading to crucial growth of our region’s energy sector. These projects promise to create many jobs and propel St. Clair County forward in the national spotlight.
Construction on the historic St. Clair Inn, Harrington Inn and CityFlats Hotel represents an influx of $60 million in hospitality investment in our region, not to mention the multitude of construction related jobs and local business services being utilized to make these projects a reality. We look forward to the opening of these facilities in 2019.
Unemployment levels reached an 18-year low, creating severe workforce talent shortages for area businesses. EDA launched a Talent attraction initiative to convince commuters to look at job opportunities close to home and recruit additional people to the area, including millennials. Other organizations pitched in because we recognize that we are in a global talent war. Talent focused collaborations with community partners also helped with the creation of other successful incentive tools and events aimed at luring people back to our region. Despite hiring challenges, many of our local companies thrived in 2018 as the fundamentals of the global economy remained strong.
We want to personally thank every local business owner, investor, entrepreneur, and community leader for contributing to the county’s growth. You made 2018 a successful and notable year.
Looking ahead to 2019, the year will see significant utility investments nearing $1 billion. The new DTE power plant in East China Township begins construction in the spring, while Enbridge is slated to construct a replacement pipeline beneath the St. Clair River. These projects will create more than 500 construction jobs resulting in workers spending money at local gas stations and restaurants. Many workers will have to relocate to the county in temporary housing. Local businesses stand to benefit.
Remember, everyone can contribute in some small way in the continued improvement and success of our region. Regardless if it is economic development, education, philanthropy or volunteerism, we encourage you to pick one committee, organization or endeavor to support. You can always give your time, provide mentorship, or become an ambassador for promoting the positive changes and growth in our region.
The Economic Development Alliance and our many partners look forward to a bright 2019, and continuing our important work to grow the economy through business and community engagement.