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Home My WebLink About12/16/2025 - Regular - Additional Doc-KEDA End of Year Updatef '2' - D25 Yet a upaaie Port Orchard VITcAprDEVEOL !]1[x]11W_ Median Household Income: In Kitsap: $98,894* Q3 2022 Kitsap 121.7 110.5 133.4 123.7 128.1 128.1 Bellingham m WA 118.6 121.8 Kitsap County WA 121.1 114.1 Olympia WA 113.3 112.1 Seattle 149.4 141.2 *December 2024 Estimate, St. Louis Fed (FRED). Some other estimates go as high as $104, 000 Drastic Changes in Housing Affordability yap Median Home Resale Values Bainbridge ¶ $777,667 Bremerton Port Orchard Poulsbo Kitsap 1 BR Rents $297,667 $344,333 $407,667 $377,333 60.1% $1,245,000 51.2% $450,000 74.2% $600,000 29.5% $528,000 40.5% $530,000 Bainbridge I Island $ 2,056 8.3% $ 2,226 Bremerton $ 1,259 25.4% $ 1,579 Port Orchard $ 1,281 27.5% $ 1,633 Poulsbo $ 1,518 31.6% $ 1,997 Kitsap $ 1,340 28.8% $ 1,726 *All data UW Washington Center for Real Estate Research • Our Five -Year Goals (2029) x*i=TW1'' ice„ .m.. �rpi r V C _ f "f'r' __ ' ' Fsr-i • 's r'y' c- ww _ � , 1 � •{ _ �_ R �� I � � _.yl. ;/''}'! .,.'�1f '_ s�Ye• � :I�.1 �A h .■ I � Ili. Li )ISIQY&S(S] VA I R.reqnfinn KPIs current FY 2025-202 KITSAP ECONOMIC DEVELOPMENT ALLIANCE ADO- Q2 - BRER Activities Community Engagements Total Unique For Profit Businesses Export assistance Recruitment � Startup Support Training 1 5 4 15 127 Current w Remaining ONE NL imtsa�. Kitsap Industrial Land, Buildings and Infrastructure Survey "The most pressing near - term needs for Kt*tsap's industrial on the cret industrial market center tion of new facilities and supporting infrasti quickly. " Opportunity: The Highway 3 Corridor and Development Port of Bremerton and Puget Sound Industrial Center -Bremerton • 1,350 net acres of developable land available for growth • Including 500 acres on the Port of Bremerton Property • Air, Land, Rail Connectivity • Foreign Trade Zone Status Bremerton National Airport • 6,000 x 150 ft runway Belfair Bypass • 6 Miles of New Highway What's Needed? InfraaLructure Growth & Industrial Buildings! Higher Education n i11r : i iTisIsFTiTi \v[�i�Ti i1vh.i ITfiT: i ti lin �7711�4 raVJGir s.NLIi9} — —1KiR i ■ ■■II ---- . J 1 ..n.---lIlanm.m t�• 1111111 - - _ - - - - lSiM}, 17• 1+1' `- vypW.�4i�J r • Childcare Listening Session 3 Barriers to Licensing, Regulations & Insurance Let's continuethe conversation! SIGN UP NOW: ALL existing & aspiring childcare providers welcome. Focus areas: J of n us to share your ex p rience -aI d help shape $Qluti OBI - + C]7 alLenges to opening cir expaiidi n g child care Rural & u n i r7 corpor�lted Kits p R12r5p ctiv a pe iaLIyw rl me En-personz Thursday N ovemb r 20th, 6:Q -pm + Treetop Village 4215 i'ieaton Way, Bre rye rto n KITSAP ( iEwfLOPMEIkT ALLIANCE Hosted by: K Its ip Childea r e Su 5I nou Dsvaloprnent Taskfarce f:... r.3 •i 4 Matchstick la Microbusiness Accelerator 48 Microbusinesses Trained in three years Funding provided by the Washington State Microenterprise Association (WSMA) thanks to a grant made by the Washington State Department of Commerce hi 1(1 1 SAI ( ECONOMIC Washington State DEVELOPMENT Department of ALLIANCE C,wv Commence WSOA VIBE COWORKS vp �i rnnr Lluartemy Fr"oloyment Kepc Hood Canal Bridge Usage most of Living Data — Report 3ainbridge Island Comp Plan conomic and Housing Comm L oning Jul ao Aular Housing 9 •I• rlI KITSAP Kitsap County ECONOMIC 2024 TOP EMPLOYERS DEVELOPMENT ALLIANCE Naval Base Kitsap - Civilian Naval Base Kitsap - Active Duty St. Michael Medical Center Central Kitsap School District TOP 20 EMPLOYMENT REPORT MAY 15, 2025 30 MAY 2025 Workforce, Top Employers TRENDS, CHALLENGES, AND OPPORTUNITIES IN THE LOCAL JOB MARKET Compiled by Elizabeth Court Economic Development Principal, KEDA Public Military/Defense 24,682 NA Public Military/Defense 14,758 NA Private Healthcare 2,007 1391 Public Education 1,532 NA Public Education 1,372 1228 Public Government 1,366 1268 Public Education 1,057 545 I'IIVd LC fCdILIILdIC 4L7 J/4 KEDA is teaming ( I Private Retail 463 NA up with our ! I ! -� Public Government 463 466 3 education Private Government 451 410 partner, West Sound STEM, to evaluate Bureau of Labor Statistics and Private Healthcare 434 NA Employment Security Department data. This helps us identify which employers Private Healthcare 430 405 are among those doing the most hiring in our community, as well as the Private Healthcare&other 424 NA industries and occupations in high demand. Scroll down to take a look at March Private Defense 424 374 2025 data in our blog post. Public Government 402 NA Despite ongoing uncertainty around inflation and trade issues, many Kitsap County employers are continuing to hire at a solid pace. A large local manufacturer, for example, is looking to fill approximately 60 direct team member ,Q,e,00Ti,,: roles —including welders and marine systems technicians —along with about 20 CENTER FOR Economic Development Alliance supporting positions in engineering, accounting, QA, and project management caFF ® ECONOMIC AND I WEs ETERRN BUSINESS RESEARCH UNIVERSITY A Infrastructure Improvements at PSNS & IMF: Modernization to Support the Navy's Fleet of the Future f rI acQ��ENT OP',y�ti 74 \SATES of t"/ Capt. Preston Taylor Mr. Dave Sweet Mr. Rory Lee Commanding Officer Director, STOP Department Senior Environmental Planner, .I r .A;+ , DJ C 2 IMF NAVFA(` NW KITSAP ECONOMIC DEVELOPMENT ALLIANCE 2'Annual 2025 WORKFORCE ROUNDTABLE KITSAP CONFERENCE CENTER Let's Talk About - The Right Stuff Hiring - Skill Building - Employee Retention Skill -Based Hiring Navy Separtions join us! OCT 30 1:00 - 5:30 Kitsap Conference Center Bremerton Harborside SIGN UP NOW! IuI Short Term Training Al Revolution Hybrid Work Employee Well -Being 0 Call us for more info O Visit KEDA 360-710-0153 kitsapeda.org K*Ickstart K*itsa'j3.1 From Pop -Ups to Profit: Winning Strategies for Small Business Premier Sponsor: Presented by:r w ______ PUGET cc ` • "t' ECONOMIC SOUND ��J� DEVELOPMENT ENERGY ALLIANC'I, �,r �� ._ Community Partnership and Outreach Washington State Transportation Commission PSE Powerful Partnership Allied Building Contractors Collaboration Industrial Work (Overton, 12 Trees, POB) GLSI Site Selection Conference FIFA / GKC / Team Bremerton Healthcare Talent Marketing / Website Website: KPUD P0, Bainbridge Enhancements EDC Meetings Puget Sound Regional Council — onomic Development District Ec EMGG Spotli ght with Inventech KITSAP ECONOMIC DEVELOPMENT ALLIANCE APEX Classes MEET KEDA'S GOVERMENT CONTRACTING EXPERTS WASHINGTON AP •CCILIIATOS I TERRY HOMBURG MARY JO JUAPEZ Unlock under knowledge with better Naval contracting officers Terry Homburg and Mary Jo Juarez. Their unique backgrounds and exper1se make them unrakjable guides. egtipped to help businesses navigate the ct mplex*ces of government coat actxtg A • Government Shutdown: What to do now and how to recover • Surviving Difficult Contracting Times • Longshore & Harbor Workers Compensation Act • Steps Leading to a Washington State Contract Apex Accelerator KEDA Apex Accelerator - November 2025 _ Classes New Clients Total Counseling Hours Number of Clients Counseled A lb 327.3 i. 107 0% 10% 20% 30% 40% 50% 60% 70% 8 90 100 Current Remaining The (Positive) Crystal Ball: Kitsap Figure 3 Regional Growth Strategy County Population and Employment Control Totals 2017-2044 (illustrative) Total % Share Total % Share King 724.000 50% 547.000 59% Kitsap 50 000 5% 45 000 5% Pierce 302.000 21% 157,000 17% Snohomish 353000 24% 150,000 19% Region 1,458,000 100% 930,000 100% KITSAP ECONOMIC DEVELOPMENT ALLIANCE Massive Federal Investment 10+ Years THANK YOU! d&ff GROC. ERY ..iil E-mailJoe: IL • morrison itsa eda.or t 14ar .pIy!Ir 1-u-i 'V II +fry KITsAP DEVELOPMENT j } _�4ti de.W- ..r. p 5 -Year RegionalEconomic Strategy 2-02-A - 2-02-F KITSAP New or enhanced efforts made possible by One Kitsap: CREATE Capacity • Analyze our lands, buildings and economic growth potential • Increase Industrial / Commercial Capacity on Highway 3 • Convene Kitsap Industrial Readiness Summit ECONOMIC DEVELOPMENT ALLIANCE rnHi INCREASE Workforce • Add Retiring Navy to Kitsap's workforce • Inventory Kitsap's Top 10 necessary jobs • Grow Community Technical Education & Apprenticeships GROW Business • Double Site Visits to Local Businesses (50+) • Support healthcare talent recruitment and training • Targeted, Data -driven business recruitment kits ap e da . m e /one kits ap BUILD Community • Grow Kitsap's Entrepreneurial Ecosystem • Position Silverdale for urban vibrancy • Host BI POC Business Forums