Workforce Statistics

Sterling Business Park sits in the middle of the fastest-growing region in the tri-state area.

This growth distinguishes Sterling Businesses Park from other northeast locations. From 2003-2007, workers were added at a rate of 6.3% - three times the rate of Pennsylvania and the US. Nearly 15,000 new workers joined the labor pool.

Wayne County alone is experiencing significant growth. During the first half of 2008, the County averaged 300 new workers monthly.

The regional workforce totals 239,100. Over a quarter of a million workers in their prime years are within a 30-mile commute. The region’s colleges and universities also do their part: with approximately 6500 graduates each year, the labor supply is constantly rejuvenated with trained and talented individuals.

The opportunity to draw from a rapidly expanding labor pool is one of the key assets of Sterling Business Park. Visit our Favorable Wage Comparison and Workforce Qualities pages to fully understand why this northeast location is a great business move.

EXPANDING WORKFORCE
Wayne County’s location—in the northeast corner of the Commonwealth—puts us at the leading edge of expansion from the NY/NJ metro areas, and provides the basis for an increasing labor supply with a commuting pattern that favors local development. Wayne County grew by 19.5% during the last census period, and together with neighboring Pike, Monroe and Lackawanna Counties, created the fastest-growing region in the Commonwealth. From 1990 to 2000, the labor supply of this 4-county region increased by 16.1% compared to a growth of 3.7% within the Commonwealth as a whole.

Population estimates released by the Census Bureau for 2004 indicate that the 4-county region has a net growth rate of nearly 6% compared to 1% for the Commonwealth as a whole. The region represents a population of 472,535, having added 26,529 in the last four years.


COMMUTING DATA
Although nearly three thousand (3,000) are being added to the regional labor supply annually, this constitutes only a portion of labor that is available when we look at commuting patterns. The last census shows that Pike County, the 36th fastest-growing county in the U.S. (out of 3,155), had an average commute of 46 minutes, almost double the U.S. commuting time. In the 4-county region, nearly 25,000 indicted they were employed either outside their county or outside the Commonwealth. Therefore, we have a supply of labor that potentially would prefer local employment, thereby reducing commuting time and resulting in an increased quality of life.

The Pocono Region is growing faster than any other region in Pennsylvania – and a good deal of the northeast for that matter!

Sterling Business Park is at the nexus of a four-county region (Wayne, Pike, Monroe, and Lackawanna) that grew six times the rate of the Commonwealth from 2000 to 2004. The region represents a population of 472,535, having added 26,529 people in the last four years. People are choosing to live here. We have a lifestyle that people want, and that will be desirable to employees relocating with their companies. Employers will further benefit by finding an increasing labor supply at an exceptional value.

 

Table 1: Download Census 2000 Profiles (PDF)
15 Mile Radius 20 Mile Radius 30 Mile Radius  
DP-1 DP-1 DP1 General Demographic Characteristics
DP-2 DP-2 DP-2 Selected Social Characteristics
DP-3 DP-3 DP-3 Selected Economic Characteristics
DP-4 DP-4 DP-4 Selected Housing Characteristics

 

 

 

 

Business Park Location

Sterling Business & Technology Park is situated midway along the Boston - Washington D.C. corridor.  Access to all areas is easily obtained without having to fight traffic congestion that prevails inside metro areas. Highway access is superb, with Exit 17 on Interstate 84 less than one mile south and the confluence of I-84, I-380 and I-81 fifteen minutes to the west.  Located in Sterling Township, Wayne County, Pennsylvania.  GPS Coordinates: 41.36,-75.39  For more information:

 

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