Edinburg EDC Community Profile 2014

Page 1

The City of Edinburg is located 9 miles north of the Texas-Mexico border and is centrally located within the South Texas region known as the Rio Grande Valley. The rapid growing City of Edinburg is recognized as having the lowest unemployment rate in all of the 4 counties that make up the RGV by the U.S. Department of Labor Statistics , and named “One of the fastest growing cities in the US by CNN Money. Our city encompasses a strong, skilled workforce and a vibrant and diverse community for prospective business and citizens alike, helping earned its 2nd place in Job Growth in 2014 by Manpower Group.

EDINBURG LARGEST EMPLOYERS

(As of January 2014)

Edinburg C.I.S.D

4,682

Education

University of Texas-Pan American

4,000

Education

Doctor’s Hospital at Renaissance

3,400

Medical

County of Hidalgo

3,030

Government

South Texas Health Systems

2,000

Medical

City of Edinburg

800

Government

Region One Education Service Center

301

Education

Texas 20,851,820 25,145,561 26,448,193

EDINBURG HOUSEHOLD SUMMARY

TOTAL HH

AVERAGE HH SIZE

Median Age 28.0 28.4

Total Households 14,580

2010 Households

23,099

3.16

2013 Households

24,074

3.17

2018 Households

26,139

3.16

2013-2018 Annual Rate

+1.66%

EDINBURG HOUSING UNIT SUMMARY

TOTAL

OWN

RENT

VACANT

2000 Housing Units

16,398

55.5%

33.4%

11.%

POPULATION

2000

2010

2013

Edinburg 51,689 77,100 81,029 Hidalgo County 569,463 774,769 774,769

LABOR MARKET MANUFACTURING LABOR FORCE Total Civilian Labor Force

319,500

All Manufacturing Workers

6,400

Civilian Labor Force Unemployment Rate

7.0%

Non-manufacturing Workers

218,600

EDUCATION Major Independent School Districts

3

2010 Housing Units

25,167

51.5%

40.3%

8.2%

Number of Schools 36

2013 Housing Units

26,312

50.6%

40.9%

8.5%

Total Student Enrollment 31,000

2018 Housing Units

28,360

51.9%

40.3%

7.8%

Student/Teacher Ratio 15:1 Number of Universities & Colleges (10 mi radius)

2

EDINBURG INCOME SUMMARY

2013

2018

Current Enrollment at Univ. of Texas-Pan American

20,053

Median Household Income

$38,622

$49,240

Current Enrollment at South Texas College

31,000

Median Home Value

$111,110

$165,674

Per Capita Income

$17,244

$19,977

Median Age

28.4

29.2

Average Household Income

$54,029

$62,822

PROPERTY TAX STRUCTURE

SALES TAX

STATE TAX Corporate Income None

GEOGRAPHIC DATA City Area

37.63 sq. mi

Average Elevation

122 ft.

County Area

1,596 sq. mi.

(Rate/$100 of Assessed Value) Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population. Source: U.S. Census Bureau, Census 2010 Summary File 1 Esri forecasts for 2013 and 2018. Esri converted Census 2000 into 2010 geography.

School (ECISD)

$1.2398

City

2%

City

$0.635

County 0%

Individual Income

County

$0.5900

State

Gasoline

South Texas College

$0.1500

6.25%

Franchise Tax

None $.02/gal Yes

Drainage $0.0957 South Texas ISD

$0.0492

Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population. Source: U.S. Census Bureau, Census 2010 Summary File 1 Esri forecasts for 2013 and 2018. Esri converted Census 2000 into 2010 geography.

Edinburg EDC | 101 N. 10th Ave. | Edinburg, Texas | 78541 | 956.383.7124 | 956.380.2738 fax | www.edinburgedc.com


EDINBURG LARGEST EMPLOYERS

(As of January 2014)

Edinburg C.I.S.D

4,682

Education

University of Texas-Pan American

4,000

Education

Doctor’s Hospital at Renaissance

3,400

Medical

County of Hidalgo

3,030

Government

South Texas Health Systems

2,000

Medical

City of Edinburg

800

Government

Region One Education Service Center

301

Education

EDINBURG HOUSEHOLD SUMMARY

TOTAL HH

AVERAGE HH SIZE

Total Households 14,580 2010 Households

23,099

3.16

2013 Households

24,074

3.17

2018 Households

26,139

3.16

2013-2018 Annual Rate

+1.66%

EDINBURG HOUSING UNIT SUMMARY

TOTAL

OWN

RENT

VACANT

2000 Housing Units

16,398

55.5%

33.4%

11.%

2010 Housing Units

25,167

51.5%

40.3%

8.2%

2013 Housing Units

26,312

50.6%

40.9%

8.5%

2018 Housing Units

28,360

51.9%

40.3%

7.8%

EDINBURG INCOME SUMMARY

2013

2018

Median Household Income

$38,622

$49,240

Median Home Value

$111,110

$165,674

Per Capita Income

$17,244

$19,977

Median Age

28.4

29.2

Average Household Income

$54,029

$62,822

PROPERTY TAX STRUCTURE

SALES TAX

STATE TAX Corporate Income None

(Rate/$100 of Assessed Value) School (ECISD)

$1.2398

City

2%

City

$0.635

County 0%

Individual Income

County

$0.5900

State

Gasoline

South Texas College

$0.1500

6.25%

Franchise Tax

None $.02/gal Yes

Drainage $0.0957 South Texas ISD

$0.0492

Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population. Source: U.S. Census Bureau, Census 2010 Summary File 1 Esri forecasts for 2013 and 2018. Esri converted Census 2000 into 2010 geography.

Edinburg EDC | 101 N. 10th Ave. | Edinburg, Texas | 78541 | 956.383.7124 | 956.380.2738 fax | www.edinburgedc.com


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