During a recent government meeting, city officials discussed the economic landscape of Wildwood, highlighting the community's impressive per capita income and employment demographics. The average disposable income in Wildwood stands at $132,000, significantly higher than both county and state averages. The meeting revealed that many residents are employed in technical fields, including engineering, law, finance, and healthcare, indicating a well-educated population that contributes to the local economy.
City Administrator Lee introduced a proposal for a new Route 66 grant program aimed at enhancing the aesthetic appeal of businesses along the historic corridor. The initiative, suggested by the Historic Preservation Commission, would allocate up to $25,000 annually for facade improvements and other enhancements to businesses located off Route 66. The program aims to attract tourists, as the area is a popular destination for visitors from around the world, particularly in anticipation of the 100th anniversary of Route 66 in 2026.
The proposal is designed to support local businesses and boost tourism, with plans to engage the Economic Development Committee for further discussion. Officials emphasized the potential for this grant program to serve as an economic driver, enhancing the community's appeal and preserving its historical significance. The meeting concluded with a commitment to explore the details of the grant program further, ensuring that it aligns with the city's budget and economic goals.