In a recent City Council meeting, the Prineville Council discussed significant economic developments that highlight the region's growth and resilience. As of 2023, all three counties in Central Oregon, including Crook County, are now part of the Bend-Redmond Metropolitan Statistical Area (MSA), a change that positions Prineville among the top small metros in the nation. This shift is underscored by a recent ranking from Heartland Forward, which places the area as the eighth most dynamic metro, emphasizing the importance of strategic economic development.

The meeting revealed impressive statistics about Crook County's economic performance. Over the past five years, the county has achieved a remarkable 52.5% growth in GDP, significantly outpacing both regional and state averages. Even during the pandemic, Crook County managed a positive growth rate of 6% in 2020, showcasing its economic resilience. The county has also experienced a 9% population increase since 2020, making it the fastest-growing area in the state.

A notable highlight from the meeting was the surge in household incomes, which have risen by over 83% in just five years, the highest rate in Oregon. This growth reflects a successful diversification of the local economy, moving beyond traditional reliance on natural resources. The median household income in Crook County has jumped from $45,000 in 2018 to nearly $82,000 last year.

The council also addressed housing developments, with 700 new units expected to come online in the next year. Crook County ranked second in new building permits for 2024, indicating a robust construction environment. Despite challenges in the real estate market, the median housing price has remained relatively stable, currently at $375,000.

In addition to economic growth, the council discussed the importance of continued investment in workforce development and infrastructure to attract and retain talent. The Economic Development Center of Oregon (EDCO) presented a request for increased funding to support ongoing advocacy and development efforts, emphasizing the need for a collaborative approach to sustain the region's growth.

As Prineville continues to evolve within the Bend-Redmond MSA, the council's focus on economic development, housing, and community support reflects a commitment to enhancing the quality of life for residents and fostering a thriving local economy. The discussions from this meeting set the stage for future initiatives aimed at addressing the needs of the community and ensuring sustainable progress.