Report on Ward 3. Prepared by the Burlington Economic Development Corporation

Transcription

1 Report on Ward 3 Prepared by the Burlington Economic Development Corporation

2 Contents 1. Business Composition Data Labour Force Data Consumer Spending Data Demographic Data Transportation and Commuting Patterns Development Activity and Vacant Land... 9 Data for Burlington is available from multiple sources. There may be discrepancies in some numbers. This report uses demographic and economic data as provided by Environics Analytics, adapted by Burlington Economic Development Corporation (BEDC). It is worth noting that business counts in particular vary considerably from Canadian Business Counts statistics.

3 The data included in this report details the current state of Ward 3, an economy based heavily in services. Nearly a third of employment is in knowledge-based and institutional industries and is supplemented by a diverse array of economic activities (Table 1). Ward 3 is populated by well educated, and fiscally prosperous residents with 25% having attained a university degree and 47% of households earning over $100,000 annually, with an average household income of $127, Business Composition Data Knowing the make-up of businesses within an area is essential to understanding that area s economy. Business composition is an effective way to evaluate the demand for specific goods and services in the area, as well as a location s economic diversity. Below is the makeup of businesses by industry within Ward 3, organized by the industry with the most business to the fewest. Source: Environics Analytics, 2017 Table 1 Business Composition in Ward 3 Business Classification Number of Businesses Percentage Other Services - Repair, Personal Care, Laundry, Religious, etc % Retail: Home, Food, Automobiles, Personal Care % Health Care and Social Services % Construction % Professional, Scientific, and Technical Services % Accommodation and Food Services % Retail: Hobby, Media, General Merchandise % Banking, Finance and Insurance % Administrative and Support and Waste Management and % Remediation Services Arts, Sports, Entertainment, and Recreation % Wholesalers % Education % Manufacturing - Electronics, Furniture, Machinery, Metal, % Transportation, Misc. Transportation and Warehousing: Private and Public % Transportation, Oil and Gas Pipelines, Sightseeing Information % Unclassified % Real Estate and Rentals % Public Administration % Manufacturing - Chemical, Fuel, Paper, Plastic, Wood % Manufacturing - Processed Food, Textiles, Clothing % Mineral, Oil and Gas Extraction % Total % 1 B E D C

4 Figure 1 Business Composition in Ward 3 18% 24% Knowledge-Based & Institutional Population-Related Employment Land 56% Source: BEDC Calculation based on Environics Analytics, 2017 The business composition Figure above displays the classification of businesses within Ward 3, which have been aggregated into more succinct categories from Table 1: - Knowledge Based & Institutional: Banking and financial fields, law, real estate, professional, scientific, and technical services, government, and education. - Population Related: Retail, healthcare and social services, food and accommodation services, arts and entertainment, and other service related establishment; repair, personal care, laundry, etc. - Employment Land: Wholesale, manufacturing, construction, transportation and warehousing, and resource related; agriculture, oil, utilities, etc. The Figure indicates that the makeup of Ward 3 s business community is highly population-related based, with 56% of 490 businesses falling into the category with high retail and other services present. The knowledge-based and institutional category makes up nearly a quarter of businesses with 120 being present. Table 1 above, provides a more detailed business composition view by breaking down the categories into more specific classifications. Retail (home, food, automobiles, personal care) and Other Services (repair, personal care, laundry, religious, etc.) make up 30% of total business and fall into the population-related category. The construction industry in the employment land category makes up 8.98% of businesses and is the fourth largest classification. The top five classifications make up 57% of all businesses in Ward 3. 2 B E D C

5 Table 2 Largest Employers in Ward 3 Employer Full-Time Onsite Total Employees Employees Business Description Halton District School Board Educational support services Sunshine Building Maintenance Inc Janitorial services (except window cleaning) Costco Department stores Source: Halton Employment Survey, Labour Force Data Labour Force Data is important to augment understanding of economic activity in Ward 3 in addition to the aforementioned business composition. This is based on the people that live in the area and may work inside or outside of it. The following data displays labour force employment by occupation. Table 3 Labour Force Employment in Ward 3 Occupations in Ward 3 Number of Employees Percentage Sales and service occupations 2,847 24% Business, finance and administration occupations 1,772 15% Trades, transport and equipment operators and related 1,655 14% occupations Occupations in education, law and social, community and 1,399 12% government services Management occupations 1,265 11% Natural and applied sciences and related occupations 926 8% Health occupations 915 8% Occupations in art, culture, recreation and sport 376 3% Occupations in manufacturing and utilities 337 3% Natural resources, agriculture and related production 256 2% occupations Total 11, % 3 B E D C

6 Percent of Residents Figure 2 Labour Force Data for Ward 3 8% 8% 3% 3% 2% Sales and service occupations 24% Business, finance and administration occupations Trades, transport and equipment operators and related occupations Occupations in education, law and social, community and government services Management occupations 11% 12% 14% 15% Natural and applied sciences and related occupations Health occupations Occupations in art, culture, recreation and sport Occupations in manufacturing and utilities Natural resources, agriculture and related production occupations The labour force data shows that Ward 3 has a high number of sales and service job employees, with nearly a quarter of employment in this category. The second and third largest categories: business, finance and administrative, and trades, transport and equipment operators and related occupations make up 29% of employment and are knowledge based. Figure 3 Employment Type by Gender in Ward 3 60% 55% 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Full-Time Part-Time At Home Male Female Source: BEDC Adaptation based on Transportation Tomorrow Survey, B E D C

7 Dollars Spent 3. Consumer Spending Data BEDC also has available consumer spending data. This is yet another way to analyse Ward 3 s economy. Below is a table and graphical representation of this data. Table 4 Household Spending in Ward 3 Consumption in Ward 3 Spending per Household Percentage Shelter $25, % Transportation $16, % Food $14, % Recreation $6, % Insurance and Pension Contributions $6, % Household Operations $5, % Household Furnishings and Equipment $4, % Clothing $4, % Health Care $4, % Tobacco and Alcohol $3, % Personal care $2, % Gifts and Contributions $2, % Education $2, % Miscellaneous Expenditures $1, % Games of Chance $1, % Reading/Printed Matter $ % Total $102, % Figure 4 Household Spending in Ward 3 $30,000 $25,000 25% $20,000 $15,000 16% 14% $10,000 6% 6% 6% 5% 4% 4% 3% 3% 2% 2% 2% 1% 0% $5,000 $0 Goods and Services 5 B E D C

8 Number of Residents 4. Demographic Data Ward 3 has a population of 24,060 people, making up 8,875 households of which nearly 85% are owneroccupied. The average household income is $127,445. Figure 5 Residents by Gender Figure 6 Residents by Home Ownership 16% 1,421 51% 12,202 49% 11,858 Male Female 84% 7,454 Owner-Occupied Dwellings Renter-Occupied Dwellings 6,000 5,000 4,000 3,000 2,000 1,000 Figure 7 Highest Level of Educational Achievement in Ward 3 0 < Grade 9 High school Apprenticeship or trade diploma College or CEGEP diploma Educational Attainment University diploma below bachelor University degree Table 5 Household Summary, Ward 3 Source: Transportation Tomorrow Survey, B E D C

9 Number of Households Number of Residents 2.19% 1.94% 3.14% 5.52% 5.12% 4.55% 5.37% 5.41% 6.00% 6.12% 6.16% 5.52% 7.41% 7.19% 6.48% 6.52% 7.38% 8.00% Figure 8 Age Distribution in Ward 3 2,500 2,000 1,500 1, Age Groups Figure 9 Household Income Distribution in Ward % % 9.88% 12.85% 13.25% 11.81% 0 Less than $20,000 $20,000 To $39,999 $40,000 To $59,999 Income Levels $60,000 To $79,999 $80,000 To $99,999 $100,000 Or Over 7 B E D C

10 5. Transportation and Commuting Patterns A significant population travels into Ward 3 from surrounding areas during normal commuting hours. The vast majority of these trips are made by car, with 83% of the 6,100 trips taken by either drivers or passengers. Within Ward 3, 12% of residents use alternative modes of travel (Transit, GO Train, Walk/Cycle and Other) during morning commuting hours. Table 6 Trips Made by Residents of Ward 3 HB-W: Home-based work: Home to work and work to home HB-S: Home-based school: Home to school and school to home HB-D: Home-based discretionary: All other home-based trips N-HB: Non-home-based: All trips where neither end is home Source: Transportation Tomorrow Survey, 2018 Table 7 Trips Made to Ward 3 by Residents of Survey Area Source: Transportation Tomorrow Survey, 2018 Figure 10 Mode of Transportation by Ward 3 Residents, 6:00-9:00AM 4% 2% 2% 4% 12% 75% Driver Passenger Transit GO Train Walk/Cycle Other Source: Transportation Tomorrow Survey, B E D C

11 6. Development Activity and Vacant Land Figure 11 Ward 3 Development Applications Table 8 Current Development Applications Applicant Site Address Notes Ontario Inc. and 2076 and 2086 Meadowbrook Rd. Proposal for a total of 7 townhouse units Ontario Ltd, Table 9 Vacant Employment Land Applicant Site Address Size (Ha) Zoning Ontario Limited 1150 Pettit Rd GE2 9 B E D C