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THE BIG PICTURE


A Rich Economy

Traditionally, the economy of the Coeur d'Alene area has been based on natural resources.  The forests that cover the surrounding mountains have provided timber that mills have converted to boards and plywood.  To the east, the Silver Valley is home to the richest mining district in the world.  These industries have provided good paying jobs, although they have also been subject to cyclical economic downturns. Tourism has also long been a major component of the economy as people have journeyed here to enjoy the natural beauty of Coeur d'Alene Lake.  In recent years, the development of the Coeur d'Alene Resort, Silverwood, and the Coeur d'Alene Resort Golf Course have made Coeur d'Alene a world class destination.  
Economic Development Efforts

There are several local organizations actively promoting economic development in Northern Idaho.  The mission, goals, and services provided by these organizations compliment the services offered by the Coeur d'Alene Area Chamber of Commerce.  These include Jobs Plus, Inc, The Panhandle Area Council Inc, and the Idaho Small Business Development Center.

Jobs Plus
Jobs Plus, Inc is a non-profit economic development corporation, formed in 1987 to expand the diversification of the economic and employment base for out-of-state companies considering relocation or expansion to Kootenai County.  By the end of 1998, over 60 companies recruited were doing business in Northern Idaho.  Those companies helped employ 2,332 workers and paid a total of $56,113,247 in wages.  If you would like more information on Jobs Plus, Inc. or the 11 industrial parks that are located in Kootenai County, contract Bob Potter at (800) 621-5600 or (208)-667-4753 or E-mail to: jobsplus@ior.com

Panhandle Area Council
The Panhandle Area Council Inc. (PAC) is a non-profit, certified Economic Development Corporation organized to aid in diversifying and stabilizing the area's economy.  The council serves the five northern counties of Idaho and serves as a business incubator for the start-up and expansion of small businesses.  Please contact Jim Deffenbaugh at PAC for more information: (208) 772-0584 or E-mail to: jimd@pacni.org

Idaho Small Business Development Center
The Idaho Small Business Development Center (ISBDC) is a small business assistance program serving small business owners and managers.  If you are interested in expanding or starting up businesses, including manufacturing, retail, wholesale, service and value-added agriculture business, then the ISBDC is who you need to call.  They also assist in business plans, cash flow projections, organizational development, marketing/advertising plans, loan assistance information and new venture analysis.  You can reach the ISBDC by contacting John Lynn at (208) 769-3284 or by E-mail at: jalynn@nidc.edu 


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DEMOGRAPHICS

Population

1980 1990 2000

Coeur d'Alene

22,309

24,563

34,514

Hayden

3,070

3,744

9,159

Kootenai County

59,770

69,795

108,658

Panhandle (all counties)     178,333
 

Source: Idaho Department of Labor


Population By Age

1990 2000

14 and under

15,924

22,058

15-34

19,016

28,342

35-54

19,273

34,253

55-64

6,227

10,640

65 and older

9,355

13,365

Total

69,795

108,658


Population By Sex

1990 2000

Male

34,269

54,986

Female

35,526

53,672

Estimated by the Idaho Department of Labor


Median Family Income  -  2001

  2001
Benewah Co. $34,800
Bonner Co. $35,600  
Boundary Co. $38,600  

Kootenai Co.

$45,200  

Shoshone Co.

$32,800  

Source: Idaho Department of Labor


Average Home Price  -  2001  (comparisons)

Kootenai County

$124,250

 

Waterfront / North Idaho

$358,000

 

Residential with Acreage

$179,600

 

Source: U.S. Housing $ Urban Development


MAJOR EMPLOYERS
KOOTENAI COUNTY, 1999
Company Employees Type

Hagadone Hospitality

1,500

Tourism/Service

Kootenai Medical Center

1,200

Health Care Services

North Idaho College

1,034

Education

Coeur d'Alene School District #271

838

Education

Kootenai Rehab Center

750

Health Care Services

US Government

655

Government

Kootenai County

561

Government

GTE Northwest

380

Utilities

Coldwater Creek, Inc.

375

Retail

Silver Lake Mall

300

Retail

Source: JP Stravens Planning Associates, Inc.


EMPLOYMENT BY INDUSTRY, 1998
Trade # of Jobs Total wage/salary

Agriculture

52

$688,000

Mining

170

12,747,000

Construction

3,035

80,809,000

Lumber/Wood products manufacturing

1,826

61,056,000

Other manufacturing

3,305

91,143,000

Transportation, Communication, Utilities

1,332

39,839,000

Wholesale trade

1,724

54,350,000

Retail trade

9,619

141,738,000

Finance, Insurance, Real Estate

1,628

48,393,000

Services & Miscellaneous

9,633

185,446,000

State Government

830

23,227,000

Local Government

5,444

134,153,000

Federal Government

655

25,679,000

Source: Idaho Department of Labor


CRIME STATS
KOOTENAI COUNTY, 1998
Crime Per 100,000

Murder (4)

3.8

Rape (40)

38.4

Robbery (29)

27.8

Aggravated Assault (302)

289.8

Burglary (870)

834.9

Larceny (3,165)

3,037.4

Motor Vehicle Theft (214)

205.4

Arson (23)

22.1

Source: Uniform Crime Reports,
Idaho Dept. of Law Enforcement, FBI


CURRENT LABOR FORCE-Cd'A, 1999

 Labor Force

19,567 

Total Unemployment

1,185

Unemployment Rate

6.1%

Total Employment

18,382

Source: JP Stravens Planning Associates, Inc.


EMPLOYMENT SERVICES
Company Phone Number

The Cd'A Press-Classifieds

664-4000

Idaho Department of Labor-
Job Service

769-1558

Job Listings

769-1550


ECONOMIC DEVELOPMENT EFFORTS
Company Phone Number

Economic Development Center-Jobs Plus

667-4753

Panhandle Area Council

772-0584

Idaho Dept. of Commerce

1-208-334-2470

Idaho Small Business Development Center

769-3284

US Chamber of Commerce

1-202-659-6000

 


Young Burdette, CRS, GRI
Associate Broker
Toll Free
(877) 455-0421 • Office: (208) 765-5554 • Home: (208) 683-2300 • Cell: (208) 661-2310

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