The State of Wisconsin Department of Administration is projecting a population decline in Price County, but duplexes and fourplexes, in the amount of 60 total units, are coming to Park Falls with the project set to begin in May or June 2025.
According to Mayor Tara Tervort, the city secured nearly 20 acres of land for this development, which is off of Tower Road and within the city limits.
Photo Credit: City of Park Falls
In the spring of 2024, a development company was awarded $1.4 million in low income housing tax credits from the Wisconsin Housing and Economic Development Authority (WHEDA) to be used for this development. The developer is seeking additional financial backing and is also working with the city to complete a development agreement and get the needed permits.
Mayor Tervort feels there is a significant housing need in the Park Falls area stating she spoke with many business owners and concerned community members who felt housing was needed.
In a recent interview with Phillips Alderman Richard Heitkemper, he stated that the City of Phillips and City of Park Falls recently had a joint study conducted that showed those two cities need more working class housing as there is enough low income housing in the area.
Recent numbers released by the State of Wisconsin Department of Administration show a projected decline of 279,000 people over the next 25 years across Wisconsin with only 13 of the 72 counties showing a population increase. Dane County (38.8%), Trempealeau County (33.9%), Eau Claire County (12.2%), Brown County (11.5%) and St. Croix County (10.1%) are the top five counties that will see a double digit percentage increase. However, 59 counties, significantly those in the northern portion of the state, are projected to decrease partly due to the aging population, less children being born, less young people moving in, and the workforce challenge. Price County is #6 on the list of counties in Wisconsin that are expected to see a large decline, losing as much as 24.9% of the population or 3,504 people.
PRICE COUNTY POPULATION
2020 Actual: 14,054
2030 Projection: 13,135
2040 Projection: 11,880
2050 Projection: 10,550
The past 25 years may be a good indicator of the next 25 years in Price County. Most graduating classes have become about 40% to 50% smaller in that time period even with investments being made in some of the schools to try to attract more families to move to the area.
These projections could motivate community leaders to seek ways to prevent this decrease and attract more people to the area.
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