Peterborough & the Kawarthas offers the best of both worlds – a growing population of young professionals and an average age that is slightly higher than the province at-large.
This means that our labour force offers the eagerness and recent educational experience of young professionals along with the life experience and mentorship abilities of more seasoned professionals – a dynamic coupling for business growth and expansion opportunities.
18-34 year olds are the fastest growing cohort
There is a growing trend of recent grads and young families setting down roots in our community. Doing business in Peterborough & the Kawarthas means being able to engage eager and educated talent.
Source: EMSI Analyst
Total population of Peterborough & the Kawarthas in 2016: 141,357
City of Peterborough has 82,847 (represents 58.6% of the entire region’s population)
- Region is growing steadily
- an 8% increase since 2001. (less than the province change of 17.5% over the same period)
- Median age is 47 – 5 years greater than the Ontario median of 41.
- Largest cohort of residents within the region is 20-24 year olds: 6,304.
Source Source: Statistics Canada, 2016 Census of Population
Growth is Mixed Across the Region
The change in population has not been uniform across the region. In areas with less new development, the population tends to shrink, while areas with more new development attract greater population through migration (both internationally and from other parts of Ontario and Canada).
For full insight into Peterborough & the Kawarthas’ demographic profile, see the Situational Analysis PDF.