Connect with us

Headlines

Oxford Ranks 9th in Nation on Economic Strength

Published

on

Oxford has been ranked as the ninth micropolitan in the nation for economic strength by Policom Corporation, according to a new report released recently.

A Micropolitan area must have an urbanized area of at least 10,000 population but less than 50,000 population. In 2019, there are 551 Micropolitan Statistical Areas comprised of 657 of the 3,142 counties in the United States.

This year’s rankings moved Oxford from being ranked 49th last year to its ninth spot this year, making it among the top 10 micropolitans in the country. Oxford is the highest ranked micropolitan in the South.

Policom Corporation is an independent economics research firm which specializes in analyzing the dynamics of local and state economies. Annually, Policom ranks all the Metropolitan and Micropolitan Statistical Areas for “economic strength” which is the long-term tendency for an area to consistently grow in size and quality. From its research, it determines if an area is growing or declining, what is causing this to happen, and offers solutions and ideas to improve the local economy.

Oxford’s previous rankings by Policom have been number 49, 36, 17 and 17, in 2018, 2017, 2016, and 2015, respectively. Oxford officials credit the jump in rank to the hard work and partnership between leaders of the city of Oxford, Lafayette County and the Oxford-Lafayette County Economic Development Foundation.

The EDF is a public-private partnership that works to create opportunities for responsible economic investment, raising the per capita income for all citizens of Lafayette County. EDF has recently taken a fresh approach to economic development in the Oxford community, focusing on current trends in technology development companies and entrepreneurship, a focus that is obviously paying off for Oxford.

“This is third-party recognition of the economic growth that is happening in Lafayette County,” said EDF President and CEO Jon Maynard. “Policom uses a sophisticated process for determining economic strength. Their process is scientific evidence of the positive economic atmosphere that we have had in Oxford for a very long time.”

Policom has served as an economic development consultant for communities throughout the United States for more than 20 years, assisting and advising communities on how to improve their local economies.

From its research and educational programs, community and government leaders discover what is driving their economy and what the community will have to do to enhance the “economic quality of life” for the people living and working in the area.

The top ten micropolitan areas in the United States are:
1. Bozeman, MT
2. Summit Park, UT
3. Lewisburg, PA
4. Hood River, OR
5. Wooster, OH
6. Breckenridge, CO
7. Edwards, CO
8. Eureka-Arcata-Fortuna, CA
9. Oxford, MS
10. Ellensburg, WA

A link to the full list can be found here: http://policom.com/rankings-micropolitan-areas/.


Courtesy of the Oxford-Lafayette Chamber of Commerce

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Ole Miss Men’s Basketball

Mon, Nov 4Long Island University Logovs Long Island University W, 90-60
Fri, Nov 8Grambling Logovs GramblingW, 66-64
Tue, Nov 12South Alabama Logovs South AlabamaW, 64-54
Sat, Nov 16Colorado State Logovs Colorado StateW, 84-69
Thu, Nov 21Oral Roberts Logovs Oral RobertsL, 100-68
Thu, Nov 28BYU Logovs BYUW, 96-85 OT
Fri, Nov 29Purdue Logovs 13 PurdueL, 80-78
Tue, Dec 3Louisville Logo@ LouisvilleW, 86-63
Sat, Dec 7Lindenwood Logovs LindenwoodW, 86-53
Sat, Dec 14Georgia Logovs Southern MissW, 77-46
Tue, Dec 17Southern Logovs SouthernW, 74-61
Sat, Dec 21Queens University Logovs Queens UniversityW, 80-62
Sat, Dec 28Memphis Logo@ MemphisL, 87-70
Sat, Jan 4Georgia Logovs GeorgiaW, 63-51
Wed, Jan 8Arkansas Logo@ 23 ArkansasW, 73-66
Sat, Jan 11LSU Logovs LSUW, 77-65
Tue, Jan 14Alabama Logo@ 5 AlabamaW, 74-64
Sat, Jan 18Mississippi State Logo@ 17 Mississippi StateL, 81-84
Wed, Jan 22Texas A&M State Logovs 13 Texas A&ML, 62-63
Sat, Jan 25Missouri Logo@ MissouriL, 83-75
Wed, Jan 29Texas Logovs TexasW, 72-69
Sat, Feb 1Auburn Logovs 2 AuburnL, 92-82
Tue, Feb 4Kentucky Logovs 10 KentuckyW, 98-84
Sat, Feb 8LSU Logo@ LSU7:30 PM
SECN
Wed, Feb 12South Carolina Logo@ South Carolina6:00 PM
SECN
Sat, Feb 15Mississippi State Logovs 17 Mississippi State5:00 PM
TBA
Sat, Feb 22Auburn Logo@ Vanderbilt2:30 PM
SECN
Wed, Feb 26Auburn Logo@ 2 Auburn6:00 PM
TBA
Sat, Mar 1Oklahoma Logovs 12 Oklahoma1:00 PM
TBA
Wed, Mar 5Tennessee Logovs 1 Tennessee8:00 PM
TBA
Sat, Mar 8Florida Logo@ 6 Florida5:00 PM
SECN

@ COPYRIGHT 2024 BY HT MEDIA LLC. ALL RIGHTS RESERVED. HOTTYTODDY.COM IS AN INDEPENT DIGITAL ENTITY NOT AFFILIATED WITH THE UNIVERSITY OF MISSISSIPPI.