According to census numbers, Leavenworth is the only town with significant population loss in North Central Washington over the past decade.
In a recent story in the Wenatchee World they surmise that this population loss is due to rapidly rising housing costs during the real estate bubble (from 2004-2007 locally).
I don't know that I have seen any indications that is true other than anecodatal evidence. Leavenworth home prices certainly are higher than elsewhere, but we also have a very small employment base - much of it in the restaurant and hotel industry which isn't paying high wages.
You can read the full article here: http://www.wenatcheeworld.com/news/2012/jan/21/a-nice-place-to-visit-but-leavenworth-steps-up-on/
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