2012 City of Prince George Annual Report
2012 City of Prince George Annual Report
2012 City of Prince George Annual Report
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CITY OF<br />
PRINCE GEORGE<br />
CITY OF PRINCE GEORGE <strong>2012</strong> ANNUAL MUNICIPAL REPORT<br />
<strong>2012</strong><br />
sTaTisTiCal<br />
overview<br />
Alex Zander Photography<br />
Initiatives <strong>Prince</strong> <strong>George</strong> utilizes a variety <strong>of</strong> statistics to monitor trends in the economy, to better understand the factors that are influencing <strong>Prince</strong><br />
<strong>George</strong>’s economic performance and to communicate with existing or potential business investors and other stakeholders Some <strong>of</strong> the most<br />
commonly used statistics relate to population, employment and construction, but there are also statistics available that reveal trends in migration,<br />
economic structure (industry trends in employment and number <strong>of</strong> businesses) and socioeconomic status Statistics can reflect the relative level <strong>of</strong><br />
activity in the economy, but can also point to underlying issues or challenges, which can help IPG or other community stakeholders set priorities<br />
and determine the direction for their work<br />
seleCTeD sTaTisTiCal resulTs for <strong>2012</strong>:<br />
Population<br />
<strong>2012</strong>: 76,286<br />
Five year average annual growth: + 0 8%<br />
employment<br />
<strong>2012</strong>: 50,400<br />
Five year average annual growth: + 1 0%<br />
business location Counts<br />
<strong>2012</strong>: 5,951<br />
Five year average annual growth: - 0 4%<br />
building Permits<br />
<strong>2012</strong>: $117 6M<br />
Five year average annual growth: + 3 8%<br />
average house Price<br />
<strong>2012</strong>: $252,391<br />
Five year average annual growth: + 1 0%<br />
Passengers, <strong>Prince</strong> george airport<br />
(Yxs)<br />
<strong>2012</strong>: 418,589<br />
Five year average annual growth: + 0 7%<br />
<strong>2012</strong> was the sixth consecutive year that the city has experienced population growth; this trend follows a 10-year<br />
interval between 1997 and 2006 in which the population changed at an annual average <strong>of</strong> - 0 7%<br />
During <strong>2012</strong>, the number <strong>of</strong> employed persons in the city was at the highest level on current record and was 5 9%<br />
higher than the average over the previous five years<br />
A number <strong>of</strong> sectors saw an increase in the number <strong>of</strong> businesses in <strong>2012</strong>, including Forestry, Mining,<br />
Construction, Retail Trade, Transportation and Pr<strong>of</strong>essional Services<br />
Commercial, Industrial or Residential permits made up the majority <strong>of</strong> building permits issued over the past five<br />
years In <strong>2012</strong>, 88 1% <strong>of</strong> total permits issued were private sector permits<br />
The average price <strong>of</strong> a single detached dwelling was 5 1% higher in <strong>2012</strong> than in 2007 Unit sales were relatively<br />
stable over this period<br />
The <strong>Prince</strong> <strong>George</strong> Airport set a new annual record for passenger numbers in <strong>2012</strong>, breaking the previous record<br />
set in 2008 The new record was achieved even though YXS <strong>of</strong>fered more service to vancouver during 2008 as well<br />
as non-stop flights to Seattle and Calgary for six months <strong>of</strong> the year<br />
<strong>2012</strong> AnnuAl RepoRt<br />
7<br />
92 DRAFT<br />
www.princegeorge.ca
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