Crafting Monroe County's Response to Demographic Trends
26 Jul 2024
BEDC
Monroe County is moving through an era that reflects the national trend of an aging population. The County added just over 5,000 people aged 65+ from 2012-2022, with a relatively flat overall population (Source: US Census S2301 employment status table). Projections by the Indiana Business Research Center (IBRC) at Indiana University forecast a slight population decline between 2020 and 2030, with the 65+ demographic expected to grow by another 4,000 people by 2030 compared to 2020. Gains in labor force participation amongst some groups like women have been offset by losses in other segments. Meanwhile, Bloomington continues to produce highly educated graduates who tend to leave the area for opportunities elsewhere.
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