Worcester Business Journal

October 25, 2021-Fact Book

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wbjournal.com | October 25, 2021 | Worcester Business Journal 9 C E N S U S F A C T B O O K Population change, 2010-2020 Population-2020 Source: Central Massachusetts Regional Planning Commission Visit web5.com or call 800.696.9401 We prefer to focus on yours. Whether you're looking for the right business checking account, business loan or cash management services, you'll find everything you need for success right here at Webster Five. MEMBER FDIC MEMBER DIF Big banks focus on their own GROWTH from 2,990 in 2010 to 2,667 in 2020. An aging population combined with lack of industry/work opportunities for younger generations are obstacles the town is trying to overcome by focusing on destination small businesses like the town's brewery, winery, and now a proposed cannabis cultivation, distri- bution, and retail center which would encourage job opportunities. Hardwick Town Administrator Nicole Parker said the town is away from main routes, but those who move into town are looking for a quieter community and natural landscape. She said remote working is encouraging people in busy metropolitan areas to move into town, but these numbers will not be reflected until the next Decennial Census. Since federal funds are allocated by population, Parker said the Census system creates a vicious cycle for rural towns, since they need infrastructure repairs and public resources to encourage people to move into town, yet these funds are directed to bigger towns and cities already with established populations. Hardwick is changing bylaws and rezoning statutes in order to encourage small business development. However, Hardwick is trying to strike a delicate balance between creating a financially sustainable community with the growth of a younger population while ensuring its charm remains intact. "We're supposed to be small. We're not supposed to be a town of 10,000. That is not the character of our town," Parker said. Continued from page 7 W

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