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Marshall County Economic Development reports $50M in 2024 investment, flags 1,000-unit housing shortfall
Summary
Greg Hildebrand, executive of the county’s economic development corporation, told the council that 2024 brought more than $50 million in capital investment and that independent studies show an estimated need for just over 1,000 housing units over the next decade.
Greg Hildebrand, executive director of the Marshall County Economic Development Corporation, updated the county council on 2024 activity and priorities for 2025, reporting more than $50 million in capital investment, a nearly $9 million annual payroll increase from expansions and persistent housing and workforce constraints.
Hildebrand said county unemployment at the end of 2024 was 3.7 percent, compared with Indiana at 4.5 percent and the U.S. at 4.1 percent. He said the county’s reported average wage is $24.12 per…
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