A recently released population study performed by the Center for Economic Analysis and Development at the Haile College of Business at Northern Kentucky University and commissioned by regional economic development company BE NKY suggested that population in Boone, Kenton and Campbell counties is likely to increase through 2050.
BE NKY commissioned the study to get better idea of the future of the region’s demography and work force composition.
“The baseline projection for NKY’s three counties estimates average annual population growth of 0.5 percent through 2050, reaching just under 457,000 residents by 2050,” reads an announcement from BE NKY. “If the region emphasizes pro-growth policies, the optimistic scenario suggests an average annual increase of 1.1 percent, or 529,000 residents by 2050. Conversely, under a downside scenario where the region adopts policies that discourage growth and investment, or we lose one or more major employers, the study indicates the region could see a population decrease of 0.1 percent each year.”:
Click here to read the study’s executive summary. Click here to read the study’s full text.