Morgan County, Ohio

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Talent gap: Bachelor's-or-higher attainment trails the national average by 21.3 pts, relevant for advanced-services attraction strategy.
• Aging population: Median age of 45 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Manufacturing employs 548 workers (36.4% of tracked sectors), at an average wage of $71,917.
• Economic scale: Regional GDP of $516M (2024).
• Wage stratification: Manufacturing averages $71,917 while Arts, Entertainment, and Recreation averages $14,101, a 5.1x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Building Material and Garden Supply Retailers concentrates at 1.89x the national norm.
• Cluster depth: 4 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.

• Affordable market: Home value to income ratio of 2.5x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
• High home ownership: 78.9% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 22% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
• Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,484/mo), a clear cost-of-living advantage for workforce attraction.

• Succession risk is real: 26.4% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Low participation: 52.8% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
• Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 39,395 annual credentials.

Morgan County shows emerging potential for building material and garden supply retailers attraction, with a 1.89x concentration and 47 jobs in this sub-sector. Near-term succession risk is elevated, with 26.4% of the working-age population within 10 years of retirement age.

The interconnected base across building material and garden supply retailers, credit intermediation and related activities, and food and beverage retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.