Rural demographics are changing. Does this affect your business?
First, Rex Hammock found the term ‘ruralpolitan’ novel.
Apparently, a ruralpolitan is someone with an above average annual household income who lives on 3 or more acres.
Second, USDA’s Amber Waves profiles changing demographics caused by more retirees and immigrants moving into rural areas. Key points:
- Nonmetro America is less ethnically diverse and older than the rest of the country, though demographic trends indicate some changes lie ahead.
- Nonmetro populations will continue to be older than metro populations because a greater proportion of retirees are moving to nonmetro counties than to metro counties, and because older people account for a larger share of the population in counties that are losing residents.
- Hispanic population growth is counteracting persistent population decline in many rural counties, especially in the Midwestern and Great Plains States.
Another article in the same issue of Amber Waves profiles the effect of the creative class on rural areas. This may be relevant for rural areas struggling to retain young, bright graduates.
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- How cooperatives improve small town economies - May 8, 2022
- Metaverse business idea: virtual world tour guide - April 15, 2022
- Make extra money from extra workspace: co-working and 3rd workplaces in small towns - March 28, 2022
- Trade show booth design trend: hand drawn visuals - March 21, 2022
- New business sign design? Don’t use cursive script - February 14, 2022
- Way more people prefer rural than urban, new Pew Research study finds - February 1, 2022
- Top 5 Rural and small town trends 2022 - January 3, 2022
- How to start a real small small business - December 17, 2021
- Tip for better pop-ups and shed businesses - December 5, 2021
- Small town business idea: cat grooming - November 15, 2021
