Granbury's Exemplary Lifestyle, Workforce and Central Location Continue to Fuel a Diverse, Thriving Economy
Granbury provides a wealth of opportunities, a great atmosphere for development and expansion, and leadership that understands the importance of maintaining a profit-friendly environment that responds to the business community.
About the Area
Hood County - 59,300
Projected 2035 - 97,805
Projected 2040 - 121,852
Granbury - 8,800
City of DeCordova - 3,500
Cresson - 750
Lipan - 507
Pecan Plantation - 5,800
Stockton Bend - 305
Tolar - 690
Hood County - 437 square miles
2014 Tax Rates
Hood County - 0.33654
City of Granbury - 0.397584
Granbury ISD - 1.26500
Source: Bureau of Labor Statistics
Hood County - 3.8%
Texas - 5.1%
U.S. - 7.9%
By The NumbersHood County
- Unemployment dropped from 6.3 percent in 2012 to 3.8 percent in late 2014. Texas was at 5.1 percent while the national rate was 7.9 percent on the same date.
- Per capita income is higher than the Texas state average.
- Taxable sales in Hood County in the third quarter of 2014 were up 4.0 percent from the same quarter in 2013.
- Home sales are up 7.2 percent over 2013 and almost 20 percent over 2012.
- The expansive trade area boasts more than 100,000 consumers.
- The underserved retail market offers compelling opportunities to retailers, averaging 2.57 gross leasable area, or GLA, per capita, compared to the national average of 16.5 and Dallas-Fort Worth Metroplex average of 23.37.
- Average household income is $77,882.
Development Corporation, Granbury Association of Realtors.
Population by Race
Labor availability: 600,000 workers within 40 miles of Granbury-Hood County • Texas is a “Right to Work” state.
Households by Income
TEXAS BIGGER — AND BETTERTexas boasts an economy that is strong and growing.
According to Texas Comptroller Susan Combs:
- The Texas unemployment rate was 5.1 percent in October 2014 down from 6.2 percent in October 2014.
- The Texas unemployment rate has been at or below the national rate for 94 consecutive months.
- Sales tax collections for fiscal 2014 were 12.9 percent higher than in fiscal 2013.
- The U.S. consumer confidence index was 88.7 in November 2014, 14.5 percent higher than one year earlier
- The Texas region’s consumer confidence index was 113.9 in November 2014, .6 percent higher than one year earlier.