10 months ago

Clarksville- Main File


EDUCATIONAL ATTAINMENT Long-term changes in educational attainment causes structural changes in the economy. Regional increases in educational attainment over the past decade can be considered a structural change with a permanent impact on the labor market. Montgomery County contains the largest share of residents who hold a bachelor’s degree or higher in the 10-county region. The region as a whole sits significantly below the national average, at 30%, for percentage of residents who possess a bachelor’s degree or higher, but is similar to the national average for associate’s degrees earned. More than 17% of Montgomery County residents possess a bachelor’s degree (1.1% below the national average), and 8.8% hold an associate’s degree (1.0% above the national average). Figure 9 illustrates these trends. FIGURE 9: Educational Attainment (2016) Less than 9th grade 9th grade to 12th grade High school diploma Some college Associate’s degree Bachelor’s degree Graduate degree and higher 3+5+29+30+9+16+8+K4+6+30+27+9+17+7+K 5+9+35+24+8+12+7+K 9.4% 16.3% 7.9% Clarksville 29.5% 2.8% 5.0% 7.9% 12.3% 23.9% 29.0% 6.7% 4.8% 10-county 8.8% 9.1% 17.1% 3.9% 5.9% Montgomery County 35.4% 7.1% 27.3% 29.8% 16 COMPREHENSIVE LABOR ANALYSIS: CLARKSVILLE-MONTGOMERY COUNTY

STAKEHOLDER THEMES In August and September, Emsi conducted surveys, focus groups and individual interviews with small to large businesses, educators, military and workforce professionals. These touch points provided perspectives from people engaged in hiring, preparing and planning for the workforce relative to various aspects. During these interactions, the following was noted: • Stakeholders across many dimensions experience Clarksville, Montgomery as a young area. Read another way, more of the workforce here is comprised of younger workers than elsewhere. The number of retirement age workers is lower here than in other places. It will behoove the community to seek to better understand its youngest working age cohorts independently from the rest of the labor force; their skills and abilities, education trends, desired amenities, career needs and life plans. This should include the major segments of military veterans, Austin-Peay students and graduates, and those born and raised in the region. • There is strong agreement that the Clarksville school system is an asset. The 1300 student bump for the 2017-2018 school year exceeded expectations by 700 students. This indicates, along with a low housing inventory (1,100 in Clarksville compared to a 2,300-2,500 norm) that families are increasingly choosing Clarksville. Clarksville needs to ensure that the jobs in its foreseeable future enable families to remain in the region. • This is a military-friendly area. Clarksville is exceedingly proud of its military and seeks to keep more of those exiting the military. The diversity, youth, discipline and service of those who are coming out of Fort Campbell are highly valued. There is a recognition that gaps exist between the ways exiting military are prepared to engage with businesses versus how businesses are prepared to engage those separating from the military. In many respects, Clarksville-Montgomery leads the 10-county region for positive demographic trends. It has the most positive migration and generation dynamics, has the most diverse population, the highest levels of educational attainment and the lowest percentage of poverty. Areas of concern include income stagnation and ensuring that younger cohorts continue to attain levels of skill and education consistent with industries’ current and future needs, as well as to support and build the industry mix that meets the community’s vision for the future. As will be explored in the following sections, some of Clarksville’s distinct segments bear review for their potential impact on the short and long-term needs of the community. Demographic Profile 17

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