Business Groundbreaking

BENCHMARK STUDY

 Click here to download the brochure.

New Braunfels’ population continues to grow at nearly 4x the rate of Texas. Since 2003, our city resident population has grown by 77%, averaging over 4-5% a year. Such growth can be attributed to our location on IH-35, between the two metropolises of Austin and San Antonio, as well as great quality of life and access to healthcare. In 2017, over 400 new jobs were added to over 24 primary employers. CGT announced plans to bring 275 new jobs. The 2400-acre mixed use development, Veramendi, has finalized plans to build over 5,000 new single-family homes, and began construction on a new elementary school.These recent announcements are just a few of the numerous developments taking place to support our growing population.

Sales Tax Revenue in New Braunfels have increased by 189% since 2003. Continuing in 2017, revenue set new records. Sales tax revenue is the largest local revenue source for city government services

Per capita commercial investment 15-year average is $1,690.

Seventy percent of jobs inNew Braunfels are filled by employees commuting into the area.

Office Space inventory has grown 217% since 2004

Building permit values for commercial have set a new record in New Braunfels in 2017

Median Household Income has risen 81% since 2001.

New Braunfels Population continues to grow at nearly three times the rate of Texas, adding half of one pcercent of the State’s Population. Since 2003, our city resident population has grown by 77%, averaging over 4-5% a year

Real Property Valuations have increaed in 2017 to $7 million since 2003 and rose 15.84% over last year. Since 2008, the increase has been a total of 76%, mirroring the state economy, which fared much better than other states since the recession

New primary jobs have averaged 922 jobs per year since 2004.

City property valuations in New Braunfels is up nearly $4.7 billion since 2003, an increase of 221%.

A new record was set for new business meters in New Braunfels. That is 19,347 new businesses in the last decade

Commercial/Industrial taxable value has increased 166% over the 15 years.

For more information, click here to download the brochure.