Peterborough & the Kawarthas offers the best of both worlds – a growing population of young professionals and an average age that is slightly higher than the province at-large.
This means that our labour force offers the eagerness and recent educational experience of the young professionals along with the life experience and mentorship abilities of more seasoned professionals – a dynamic coupling for business growth and expansion opportunities.
18-34 year olds are the fastest growing cohort
There is a growing trend of recent grads and young families setting down roots in our community. Doing business in Peterborough & the Kawarthas means being able to engage eager and educated talent.
Vibrant and Experienced Business Mentors
Peterborough & the Kawarthas is also known to be home to one of Canada’s largest ratio of seniors – nearly 1 in 5 people in the Peterborough census metropolitan area (CMA) are over age 65. Our region is setting the bar for aging communities, as all communities are set to have a large number of seniors as the baby boomers approach retirement age.
Total population of Peterborough & the Kawarthas in 2016: 141,357
City of Peterborough has 82,847 (represents 58.6% of the entire region’s population)
- Region is growing steadily
- an 8% increase since 2001. (less than the province change of 17.5% over the same period)
- Median age is 47 – 5 years greater than the Ontario median of 41.
- Largest cohort of residents within the region is 20-24 year olds: 6,304.
Growth is Mixed Across the Region
The change in population has not been uniform across the region. In areas with less new development, the population tends to shrink, while areas with more new development attract greater population through migration (both international and from other parts of Ontario and Canada). For full insight into Peterborough & the Kawarthas demographic profile, please see the Situational Analysis in our Report Builder.