round rock chamber of commerce 2010 industry appreciation night

13
Round Rock Chamber of Commerce June 23, 2010 Round Rock, Texas

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Brian Kelsey's keynote presentation to the Round Rock Chamber of Commerce

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Page 1: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of CommerceJune 23, 2010

Round Rock, Texas

Page 2: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 2 June 23, 2010

Population Growth

2009 2008 Change Growth

1. Houston 2,254,690 2,149,948 104,742 4.87%

2. Austin 786,484 736,172 50,312 6.83%

3. Dallas 1,278,484 1,248,184 30,300 2.43%

4. Fort Worth 717,136 688,222 28,914 4.20%

5. San Antonio 1,363,612 1,336,040 27,572 2.06%

6. Round Rock 111,180 100,596 10,584 10.52%

7. Wylie 43,215 34,044 9,171 26.94%

8. El Paso 618,251 609,327 8,924 1.46%

9. Horizon City 16,551 9,812 6,739 68.68%

10. Frisco 96,629 89,905 6,724 7.48%

Page 3: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 3 June 23, 2010

Population Growth, 2008-2009

10.52%

3.08%

1.80%0.86%

0%

2%

4%

6%

8%

10%

12%

Round Rock AUS-RR-SM Texas U.S.

Round Rock recently surpassed Wichita Falls, Richardson, Lewisville, and Midland to become the 27th largest city in Texas.

Page 4: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 4 June 23, 2010

Migration, 2008

38,000 people moved to Williamson County in 2008 – 67% from TX and 32% from

other states.

Page 5: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 5 June 23, 2010

Unemployment Rate

6.4%

8.0%

9.3%

6.0%

7.3%

9.1%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

11.0%

Round Rock Texas U.S.

May-10

May-09

Page 6: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 6 June 23, 2010

Housing AffordabilityMedian list price per sq. ft., May 2010

$88 $88 $114

$130

$223

$294

$0

$50

$100

$150

$200

$250

$300

$350

Round Rock Texas U.S. Austin California Los Angeles

Page 7: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 7 June 23, 2010

Building PermitsNumber of Privately-Owned Residential Units

727

1,000

565

450 445

879

760

398 422

93 119

0

200

400

600

800

1,000

1,200

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Page 8: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 8 June 23, 2010

Educational Attainment, 2009Associate’s Degree +

44.5% 42.9%

34.0%30.9%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

55%

AUS-RR-SM Round Rock U.S. Texas

Page 9: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 9 June 23, 2010

Median Household Income, 2010

$51,960

$54,442

$64,649

$80,622

$0 $20,000 $40,000 $60,000 $80,000 $100,000

Texas

U.S.

AUS-RR-SM

Round Rock

Page 10: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 10 June 23, 2010

Taxable Sales, 2009

Sector 2009 2008 Change

Retail Trade $997,222,700 $1,026,895,031 -2.89%

Manufacturing $990,436,888 $1,075,478,343 -7.91%

Accommodation/Food Svcs $222,266,870 $215,182,935 3.29%

Wholesale Trade $143,504,972 $179,336,069 -19.98%

Real Estate $97,471,266 $133,875,683 -27.19%

Construction $30,415,221 $46,237,095 -34.22%

Professional Services $20,295,866 $26,626,578 -23.78%

All Industries $2,610,093,259 $2,820,540,927 -7.46%

Page 11: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 11 June 23, 2010

Taxable Retail Sales Per Capita, 2009

$3,538

$5,283

$7,080

$7,437

$8,969

$14,394

$0 $4,000 $8,000 $12,000 $16,000

Pflugerville

Cedar Park

Austin

Georgetown

Round Rock

San Marcos

Page 12: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 12 June 23, 2010

Economic Development

• Continue supporting entrepreneurship—95% of your businesses have < 50 employees

• Think about ways to connect people—incubators, coworking , networking, downtown

• Targeting education and health care to diversify economy was a very smart play

Page 13: Round Rock Chamber of Commerce 2010 Industry Appreciation Night

Round Rock Chamber of Commerce 13 June 23, 2010

Data Sources

• Texas Site Search• Texas Workforce Commission• ESRI Business Analyst Online• U.S. Census Bureau• Texas State Data Center• Texas Comptroller• Forbes (migration map)