Fayetteville Means Business Winter 2024 | Page 3

ECONOMIC PROFILE

Education of Residents 25 Years and Older

High School or higher 96.7 %

Bachelor ’ s Degree or Higher 47.3 %

Source : 2022 American Community Survey

How are the Boomers Doing ? POPULATION CHANGE

How Much Do We Make ?

Source : U . S . Census QuickFacts
$ 35,997 Per Capita Income : ( Total income in an area divided by the NUMBER of people living in that area )
$ 56,881 Median Household Income : ( Income level where half of households in the area earn more and half earn less )
2014 Population 2024 Population Change % Change Under 20 years 64,297 71,673 7,376 11 % 20 to 64 years 132,288 159,976 27,688 21 % 65 years and over 23,490 34,801 11,311 48 % Total Population 220,075 266,450 46,375 21 %

DID YOU KNOW ?

• 204 ambulance service employees in Washington County directly and indirectly account for $ 346,000 in local revenue and generate $ 14.9 Million in Gross Domestic Product . Source : 2024 Lightcast / EMSI
• 350 police and fire department employees in Fayetteville support another 205 workers locally in all areas of the economy and generate over $ 470,000 in local tax revenue annually . Source : Lightcast / EMSI
FIRE TRUCKS Just like purchasing a family vehicle , the newer a fire truck , the higher the cost !
• Less than 5 years old : VERY DESIRABLE - $ 90,000 to $ 800.000 or more
• 5 to 10 years old : DESIRABLE – Average Cost , $ 112,000
• 16 – 20 years old : Average Cost , $ 71,000 .
Most firefighters are looking for newer models that help them confidently get the job done .
Price listings from Fenton Fire Equipment
AMBULANCES Basic Life Support ( BLS ) vs . Advanced Life Support ( ALS )
Ambulance services are dictated by the paramedic equipment onboard . These same features also help pinpoint cost . Both BLS and ACLS have life-saving techniques , but they differ in level of care , training , equipment , and setting .
BLS : Initial care for cardiac arrest , respiratory distress , obstructed airway Foundation training for resuscitation training First line of response
ACLS : Serious cardiac emergencies ( cardiac arrest , stroke , myocardial infarction Training builds BLS training , has more requirements , more hands-on training . Training includes defibrillators , AEDs , suction devices , and IV fluids .
Contact your local Red Cross to learn about classes that offer BLS and ACLS certification !
Fayetteville Chamber of Commerce • 3