Realtors like to use the phrase “location, location, location” to describe the key factors in the value of a property. The patch of prime real estate known as the Lehigh Valley remains economically competitive, largely because its proximity to major markets such as New York, Philadelphia and Washington D.C. keeps its population and labor force growing.
An aging population, increased life expectancy and advances in medical technology have helped make the healthcare industry the Lehigh Valley’s largest jobs sector, employing nearly 60,000 people. While healthcare employment is and will continue to be in strong demand, transportation and warehousing are growing fast. That again can be credited to a location that gives the region easy access to three major interstates and the ports of New York, New Jersey and Philadelphia, as well as rail freight service provided by two major rail lines.
Source: The Workforce Board Lehigh Valley
A quarter of the fastest-growing occupations in the Lehigh Valley are within the health field. The construction and the machinist/mechanic fields each held three of the top 20 spots.