BID Releases Annual Report

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Last September, as part of its ambitious agenda the Georgetown BID issued a monumental report on the state of Georgetown. As GM wrote then, the report: “GM has only started to absorb it, but it is an incredibly dense report with data GM could only dream about pulling together. And it’s beautifully presented as well.”

The BID is quickly back with an updated report for 2014, and it’s even better. The report would be notable enough for its glossy and professional design, but it’s much deeper than that. Like the previous report, it contains fascinating data on the state of Georgetown. GM invites you to read it below, but in the meantime, here are some of the more eye-popping data-points from the report:

  • 13,000 jobs exist in the BID area (essentially M and Wisconsin up to Reservoir)
  • That’s an 18% increase over the 10,000 jobs that existed in 2010
  • 25 – 34 year olds living within a mile of Wisconsin and M have an aggregate $502 million in disposable income
  • Within that same radius, the 45 – 54 year old residents only have an aggregate $230 million in disposable income
  • If you opened a garden supply shop in Georgetown, you could rely on $314,000 worth of aggregate demand from residents.
  • A hardware shop would be competing for $5.5 million worth of demand from Georgetown residents

There’s a lot more where that came from. Check it out!

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