Fulshear-Katy Community Guide & Directory 2023-24

DEMOGRAPHICS

EMPLOYMENT AND OCCUPATION

Houston has been a world center for energy exploration, production and technology, as well as a center for chemical process technology, space exploration and associated development. According to the Greater Houston Partnership in its “Economy at a Glance – February 2023,” the 2022 economic data show the Houston area experienced record growth last year. Indicators include near-historic low unemployment, the domestic rig count nearing its pre-pandemic level, strong levels of commercial construction and The Port of Houston setting a record for container traffic. While growth is slowing, the local economy currently is not in recession. The region continues to have strong population growth and ranks No. 1 in Texas and No. 5 nationwide in tech job growth. Historically, the top employment in the area is categorized by the Census as: 1) education, healthcare, social assistance; 2) professional, scientific, management, administrative; 3) retail trade; 4) manufacturing; and 5) arts, entertainment, recreation, food service. The top 10 employers in the area range in size from 2,000 employees to 11,547, according to data from the Katy Economic Development Council. TOP TEN EMPLOYERS IN THE KATY AREA Katy ISD - 11,547 Education / Public Schools Wood PLC. & Subsidiaries - 8,015 HQ, Engineering, Oil and Gas Amazon - 4,000 Fulfillment Services BP North America - 3,750 HQ, Oil and Gas Academy Sports + Outdoor - 3,500 HQ. Distribution Center Katy Mills (Simon Group) - 3,200 Retail, Stores and Offices Igloo - 2,600 HQ, Distribution and Manufacturing HEB - 2,500 Retail, Grocery Stores Houston Methodist West - 2,300 Hospital Shell Exploration and Production - 2,000 HQ, Oil and Gas Source: katyedc.org/workforce/leading employers; Employment numbers listed are estimated by Katy Area EDC. Exact employment numbers may vary.

Table 4 – Educational Attainment by Age U.S. Census Bureau, 2017-2021 American Community Survey 5-Year Estimates, Table ID: S1501 (Educational attainment)

FULSHEAR

KATY

Zip Codes

77406 3,488

77441 1,593 5.71% 41.18% 47.02% 6.09% 14,267 1.25% 1.68% 8.54% 15.23% 3.46% 42.58% 27.24% 97.06% 69.83%

77449 9,245 8.70%

77450 4,864 13.67% 34.17% 41.39% 10.77%

77493 3,966

77494 7,377 7.84%

Population 18 to 24 years

Less than high school graduate

7.11%

20.68% 28.77% 45.03%

High school graduate (includes equivalency)

39.94% 46.76%

36.82% 47.40%

35.87% 36.53% 19.76% 79,083 2.06% 1.70% 8.82% 14.46% 37.56% 29.26% 96.24% 66.81% 6.14%

Some college or associate’s degree Bachelor’s degree or higher

6.19%

7.08%

5.52%

40,269 1.95% 2.66% 18.19% 21.72% 8.03% 28.19% 19.26% 95.39% 47.45%

74,106 7.81% 7.35% 23.56% 24.04% 9.52% 18.97% 8.75% 84.84% 27.72%

47,223 3.54%

29,572 1.84% 2.77% 23.46% 22.75% 9.40% 26.44% 13.33% 95.38% 39.77%

Population 25 years and over

Less than 9th grade

9th to 12th grade, no diploma

2.14%

High school graduate (includes equivalency)

13.99% 20.35% 7.30% 33.18% 19.51% 94.32% 52.68%

Some college, no degree

Associate’s degree Bachelor’s degree

Graduate or professional degree % high school graduate or higher % bachelor’s degree or higher

Table 5 – Median Household Income U.S. Census Bureau, 2017-2021 American Community Survey 5-Year Estimates, Table ID: S2503 (Financial Characteristics)

FULSHEAR

KATY

Zip Codes

77406

77441

77449

77450

77493

77494

Median household income (owner-occupied housing)

$137,105

$178,275

$87,733

$116,415

$114,298

$157,996

28 FULSHEAR-KATY COMMUNITY GUIDE & DIRECTORY 2023-24 ISSUE