profile of - Plano Economic Development

PROFILE OF
NORTH TEXAS
2016
2017
NORTH TEXAS | AMERICA’S SWEET SPOT
NORTH TEXAS | THE BREAKDOWN
WELCOME TO NORTH TEXAS
NORTH TEXAS IS...
POPULATION DENSITY
LARGEST CITIES
< 500
501 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 <
DALLAS-FORT WORTH-ARLINGTON
METROPOLITAN STATISTICAL AREA
121
12 COUNTIES | 150+ CITIES | 9,000 SQ MILES | 7.1 MILLION PEOPLE
35E
Wise
...THE 4TH LARGEST REGION IN THE USA
Denton
Collin
190
114
NORTH TEXAS GROWS BY 1 PERSON EVERY 4 MINUTES
635
183
161
121
30
635
20
360
20
35W
4 HOURS FLYING FROM EITHER COAST
WE ARE THE
NORTH
TEXAS
COMMISSION
REGIONAL FOCUS. GLOBAL THINKING.
22 TAIWAN | 24 NIGERIA
THIS IS WHAT WE DO FOR NORTH TEXAS
MARKET
ADVOCATE
COLLABORATE
The region internationally
& domestically
On critical issues with no
city or county boundry
With leaders on regional
goals and initiative
2 | NTC-DFW.ORG | NORTH TEXAS COMMISSION
2
Fort Worth
792,727
3
Arlington
379,577
4
Plano
274,409
5
Garland
234,566
6
Irving
228,653
7
Grand Prairie
183,372
8
McKinney
148,559
9
Mesquite
143,484
10
Frisco
136,791
EllisTexas Council of Governments
Source: North Central
12,890,587
2020
2030
2040
RACE/ETHNICITY BY EDUCATION LEVEL FOR NORTH TEXAS
50
40
Total
NH Caucasian
Asian
NH Other
NH African
American
Hispanic
20
10
Less than g
High School
High School
Some College
Diploma ___
or Associates
EDUCATION LEVEL
126,700
Denton
123,099
13
Richardson
104,475
14
Lewisville
101,074
15
Allen
92,020
16
Flower Mound
68,609
17
N. Richland Hills
67,317
18
Mansfield
60,872
Rowlett
58,043
Euless
53,224
16,768,007
2050
RACE/ETHNICITY BY AGE FOR TEXAS POPULATION
30
0
1,257,676
Source: 2013 U.S. Census Bureau
10,001,371
60
Population
12
20
45
PERCENTAGE OF RACE/ETHNICITY
8 NEW JERSEY | 10 NORTH CAROLINA
23RD IN GDP
Dallas
19
Kaufman
35E
7,894,214
IF NORTH TEXAS WAS A COUNTRY
9TH IN GDP
1
NORTH TEXAS POPULATION GROWTH ESTIMATES
PERCENTAGE OF RACE/ETHNICITY
IF NORTH TEXAS WAS A STATE
Dallas
Tarrant
Johnson
15 PEOPLE AN HOUR | 360 A DAY | 2,520 A WEEK
City
11
Carrollton
Rockwall
820
Parker
No.
Bachelors
or Higher
Non-Hispanic (NH)
NORTH TEXAS COMMISSION | NTC-DFW.ORG | 3
80
Caucasian
70
Hispanic
Other
60
50
40
30
20
10
0
<18
18-35 36-53 54-71 72-89
AGE
90+
NORTH TEXAS | DIVERSITY IN INDUSTRY
MAJOR INDUSTRIES
IN NORTH TEXAS
$504 BILLION
NORTH TEXAS GDP
HEALTHCARE
6 NOBEL
LAUREATES
30%
OF THE STATE’S GDP
MOST DIVERSE $5.4 BILLION
ECONOMY IN TEXAS
4TH
FASTEST GROWING
REGION IN THE U.S..
3.6%
ANNUALLY SPENT ON
FACILITY UPGRADES
2 OF 14
POPULATION OVER 100K
9 TRILLION
7 RUNWAYS
5 TERMINALS
165 GATES
107,650
PERMANENT JOBS
NORTH TEXAS ECONOMY
3 FORTUNE 500
COMPANIES
$14 BILLION
HOSPITAL OUTPUT
IN ENERGY
5,400
JOBS ADDED PER YEAR
5 HOSPITALS
LEVEL 1 TRAUMA FACILITIES
WORLD’S 4TH
BUSIEST AIRPORT
ESTIMATED CUBIC FEET OF
NATURAL GAS THUS FAR
FROM THE BARNETT SHALE DFW INTERNATIONAL AIRPORT
$52 BILLION
15%
AVIATION
BARNETT SHALE 900 COMPANIES
COVERS 5,000 SQ MILES &
24 NORTH TEXAS COUNTIES IN AEROSPACE
& DEFENSE
CONCENTRATION
LARGEST U.S. HIGHESTWORLDWIDE
NATURAL GAS
PRODUCER
U.S. PROTON BEAM
CANCER THERAPY CENTERS
JOB GROWTH RATE OUTPACES THE NATION’S 2.1% GROSS MEDICAL SERVICES
14 CITIES
ENERGY
ATMOS ENERGY
ENERGY FUTURE HOLDINGS
EXXONMOBIL
DFW INTERNATIONAL AIRPORT
LARGEST
GLOBAL AIRLINE
AMERICAN AIRLINES
LARGEST
DOMESTIC AIRLINE
FINANCIAL & REAL ESTATE
HIGH TECH
MANUFACTURING
LOGISTICS
257,300
43%
$59.9 BILLION
$17 BILLION
MANUFACTURING
GDP FOR NORTH TEXAS
TRANSPORTATION &
WAREHOUSING GDP
FOR NORTH TEXAS
FINANCIAL
LABOR FORCE
THE FED
THE 11TH FEDERAL RESERVE
BANK HEADQUARTERS
2 OF TOP 10
LARGEST BANKS IN TEXAS
COMERICA & TEXAS CAPITAL
EQUITY
CROWDFUNDING
NORTH TEXAS ECONOMIC
OUTPUT IS REAL ESTATE
92,200 JOBS
IN NORTH TEXAS REAL ESTATE
647,003 TONS
ONLY 13 U.S. STATES ALLOW
TECH
WILDCATTERS
TOP 10 U.S. ACCELERATORS
6TH
17%
HIGHEST CONCENTRATION
OF TECH WORKERS IN U.S.
33 STARTUPS
7 SUV MODELS
AIR CARGO THROUGH DFW
INTERNATIONAL AIRPORT
MANUFACTURED AT G.M.
PLANT IN ARLINGTON
94.6%
OF ALL TEXAS EXPORTS ARE
MANUFACTURED GOODS
$3.5 BILLION
14,361 MILES
OF RAIL IN TEXAS,
2ND LARGEST IN THE U.S.
RAILROADS
MARY KAY MAKEUP
MANUFACTURED
IN DALLAS
3 CLASS 1 RAILROADS
ACQUIRED SINCE 2012
BNSF
Kansas City Southern
$11.5 BILLION
Union Pacific
20
SPENT ON REAL ESTATE PAYROLL COWORKING, INCUBATORS
& ACCELERATORS
3,000
SOUTHWEST AIRLINES
HIGH TECH FIRMS IN
NORTH TEXAS
ONLY STATE
63.5 MILLION
288 MILLION
WITH AN INDEPENDENT
POWER GRID
ANNUAL PASSENGERS AT
DFW INTERNATIONAL AIRPORT
SQ FEET OF RENTABLE
OFFICE SPACE
4 | NTC-DFW.ORG | NORTH TEXAS COMMISSION
OF TEXAS HIGH-TECH JOBS
TOP 20
REGION FOR PATENTS ISSUED
NORTH TEXAS COMMISSION | NTC-DFW.ORG | 5
All Other Tracks
AMARILLO
FORT WORTH
AUSTIN
DALLAS
HOUSTON
SAN ANTONIO
CORPUS CHRISTI
Source: Texas
Department of
Transportation and
Texas Comptroller
of Public Accounts
NORTH TEXAS | MAP
MAJOR COLLEGES
AND UNIVERSITIES
1
Collin College District*
2
Dallas Baptist University
3
Dallas County Community College District*
4
Southern Methodist University
5
Tarrant County College*
6
Texas A&M University-Commerce
7
Texas Christian University
8
Texas Wesleyan University
9
Texas Woman’s University
TEXAS A&M
COMMERCE
10 The University of Texas at Arlington
11 The University of Texas at Dallas
12 The University of Texas Southwestern Medical Center
13 University of Dallas
14 University of North Texas
15 University of North Texas at Dallas
16 University of North Texas Health Science Center
*Denotes main campus
FORTUNE 500
HEADQUARTERS*
1
American Airlines Group
2
AT&T
3
Celanese
4
Commercial Metals
5
Dean Foods
6
D.R. Horton
7
Dr Pepper Snapple Group
8
Energy Future Holdings
9
Energy Transfer Equity
10 ExxonMobil
11 Fluor
12 GameStop
13 HollyFrontier
14 J.C. Penney
15 Kimberly-Clark
16 Pioneer Natural Resources
17 Southwest Airlines
18 Tenet Healthcare
19 Texas Instruments
*2014 Fortune 500 list
Listed in alphabetical order
6 | NTC-DFW.ORG | NORTH TEXAS COMMISSION
NORTH TEXAS COMMISSION | NTC-DFW.ORG | 7
NORTH TEXAS | BUSINESSES
NORTH TEXAS | LABOR & TRADE
NORTH TEXAS RANKS AMONG THE TOP 3 U.S. METRO AREAS FOR
BUSINESS EXPANSION, RELOCATIONS & EMPLOYMENT GROWTH
Company
City
2
ExxonMobil
Irving
6.0%
No.
Organization
$246,204
1
American Airlines
24,700
Bank of America
20,000
Revenue (Millions)
Employees
10
AT&T
Dallas
$146,801
2
65
Energy Transfer Equity
Dallas
$42,126
3
Texas Health Resources
19,230
67
American Airlines
Fort Worth
$40,990
4
Dallas ISD
18,314
140
Tenet Healthcare
Dallas
$20,111
5
Baylor Health Care Systems
17,097
142
Southwest Airlines
Dallas
$19,820
6
AT&T
15,800
151
Kimberly-Clark
Irving
$18,591
7
Lockheed Martin Aeronautics
14,126
155
Fluor
Irving
$18,114
8
J.P. Morgan Chase & Co
13,500
UT Southwestern Medical Center
13,122
Dallas
$13,238
219
Texas Instruments
Dallas
$13,000
10
City of Dallas
12,836
228
J.C. Penney
Plano
$12,625
11
HCA North Texas
12,000
260
D.R. Horton
Fort Worth
$10,824
12
NAS Fort Worth JRB
11,350
302
GameStop
Grapevine
$9,364
13
US Postal Service
10,439
336
Dean Foods
Dallas
$8,122
14
Fort Worth ISD
10,129
404
Alliance Data Systems
Plano
$6,440
15
Kroger
10,097
407
Trinity Industries
Dallas
$6,393
16
Texas Instruments
9,100
413
Dr. Pepper Snapple Group
Plano
$6,282
17
Raytheon Company
8,700
417
Commercial Metals
Irving
$6,161
18
Target
8,674
453
Celanese
Irving
$5,674
19
United Parcel Service
8,555
$5,370
20
Parkland Health and Hospital
8,134
Source: Fortune 2016
21
Arlington ISD
8,126
22
J.C. Penney
7,964
23
University of Texas at Arlington
6,239
24
City of Fort Worth
6,195
25
JPS Health Network
4,872
475
Energy Future Holdings
Dallas
$656,250,00,000
TOTAL REVENUE FROM NORTH TEXAS FORTUNE 500 COMPANIES
Metro Area
TOP COUNTRIES
Trade, Trans. & Utilities
35.7%
Mexico - 20.3%
17.0%
Canada - 15.4%
Professional & Business
8.0%
China - 5.8%
Government
8.0%
16.4%
Education & Health
Singapore - 3.3%
Leisure & Hospitality
Netherlands - 3.3%
Financial Activities
Manufacturing
Source: International Trade Administration 2013
Mining & Construction
10.3%
Other Services
12.2%
Information
12.5%
SMALLEST
Source: Bureau of Labor Statistics 2014
NORTH TEXAS LABOR FORCE BY COUNTY
NORTH TEXAS EXPORTS | TOP INDUSTRIES
COMPUTERS &
ELECTRONICS
17.2%
26.5%
LARGEST
Dallas - 1,234,018
Tarrant - 986,356
13.3%
34.8%
Collin - 472,940
Denton - 407,265
Ellis - 77,379
Johnson - 76,112
MACHINERY
CHEMICALS
13.6%
12.1%
Parker - 59,401
13.3%
LARGEST EXPORT
MARKET IN THE U.S.
$27.6
BILLION
TOTAL MERCHANDISE
EXPORTS
8,041
Kaufman - 52,221
Rockwall - 43,397
Hunt - 41,416
27.8%
9TH
TRANSPORTATION
EQUIPMENT
Other counties less than 1%
NORTH TEXAS
COMPANIES EXPORTED
SMALLEST
Source: Bureau of Labor Statistics 2014
Source: International Trade Administration 2013
THE NORTH TEXAS LABOR FORCE IS 3.5 MILLION STRONG
Source: Destination DFW 2014
FOREIGN TRADE ZONES IN NORTH TEXAS
LARGEST U.S. METROPOLITAN AREAS
No.
20.7%
1.2%
1.2%
HollyFrontier
T-TIP TRADE
LARGEST
1.5%
1.7%
%
2.1
%
2.2
214
9
3.6%
No.
LARGEST NORTH TEXAS EMPLOYERS
NORTH TEXAS EXPORTS | TOP TRADE AGREEMENT RECEIVERS
NAFTA TRADE
2.5%
FORTUNE 500 COMPANIES IN NORTH TEXAS
NORTH TEXAS LABOR FORCE BY INDUSTRY
Population
GDP
Labor Force
Unemployed
Fortune 500
Union Workers
1
New York-Newark
19,949,502
$1,471,170,000
9,516,300
5.8%
72
19.8%
2
Los Angeles-Long Beach
13,131,431
$826,826,000
6,663,700
7.1%
20
13.8%
3
Chicago-Naperville
9,537,289
$590,248,000
4,861,600
6.1%
29
13.4%
4
Dallas-Fort Worth
6,810,913
$447,574,000
3,542,600
5%
18
6.6%
5
Houston-The Woodlands
6,313,158
$517,367,000
3,204,300
4.9%
26
5.4%
6
Philadelphia-Camden
6,034,678
$383,401,000
2,958,500
5.7%
10
14%
7
Washington DC-Arlington
5,949,859
$463,925,000
3,213,100
5%
15
8.1%
8
Miami-Fort Lauderdale
5,828,191
$281,076,000
3,048,300
6.1%
7
6.9%
9
Atlanta-Sandy Springs
5,522,942
$307,233,000
2,727,300
7.3%
15
4.1%
10
Boston-Cambridge
4,684,299
$370,769,000
2,586,300
5.7%
10
13.2%
FTZ. NO. 39 DALLAS/FORT WORTH
Grantee/Operator: DFW International Airport Board
P.O. Drawer 619428, DFW Airport, TX 75261
(972) 973-4649 | Fax (972) 574-8069
FTZ. NO. 168 DALLAS/FORT WORTH
Grantee: Metroplex International Trade Development Corp.
Operator: Foreign Trade Zone Operating Co. of Texas P.O. Box 613307, Dallas, TX 75261
(972) 929-7220 x225 | Fax (972) 929-7228
FTZ. NO. 113 ELLIS COUNTY
Grantee: Ellis County Trade Zone Corporation
P.O. Box 788, Midlothian, TX 76065
(972) 723-5522
FTZ. NO. 196 FORT WORTH
Grantee: Alliance Corridor, Inc.
c/o Hillwood Development Corporation
13600 Heritage Pkwy., Suite 200, Fort Worth, TX 76177
(817) 224-6050 | Fax (817) 224-6060
Source: U.S. Census Bureau 2013, Bureau of Economic Statistics 2013, Bureau of Labor Statistics 2014, Fortune 2014, Unionstats.com 2012
8 | NTC-DFW.ORG | NORTH TEXAS COMMISSION
NORTH TEXAS COMMISSION | NTC-DFW.ORG | 9
NORTH TEXAS | QUALITY OF LIFE
NORTH TEXAS IS
LEADING THE PACK
1920 SNOW CONE MACHINE
1942 CORNY DOG
1958 SEMICONDUCTOR
& MICROCHIP
1885 FIRST DR. PEPPER
1927 CONVENIENCE STORE
1952 BIG TEX
1951 LIQUID PAPER 1954 SILICON TRANSISTORS
1921 DRIVE-IN RESTAURANT
1918 FIRST INDOOR RODEO
1938 DRIVE-THROUGH BANK
1958
VAN CLIBURN WON
FIRST INTERNATIONAL TCHAIKOVSKY COMPETITION
Inventions, Events & Accomplishments
MEDIAN
AGE
in North Texas is
34
2 ZOOS
that are ranked
TOP 50
in the U.S.
23 STATE
DALLAS COWBOYS
12.7
223
SUNNY
MILLION PEOPLE
visit North Texas annually
or partly sunny days per year
DALLAS STARS
National Hockey League
MUSEUMS
throughout North Texas
North Texas has
DALLAS MAVERICKS
110
lowest price of top
20 U.S. metro areas
4th
within 100 miles of North Texas
National Basketball Association
FIRST INDOOR
$165,200
PARKS
SINGLE-CHIP LPC
FC DALLAS
Major League Soccer
TEXAS RANGERS
Major League Baseball
33
In North Texas there are
COLLEGES AND
UNIVERSITIES
10 Largest Universities in North Texas
University of North Texas
The University of Texas at Arlington
The University of Texas at Dallas
Texas Woman’s University
Texas A&M University-Commerce
Southern Methodist University
Texas Christian University
Dallas Baptist University
University of Dallas
Texas Wesleyan University
SN76477
1978 SPEECH SYNTHESIZER & SOUND CHIP
1996 DALLAS COWBOYS WIN RECORD-TYING 5TH SUPER BOWL
1979 VOICEMAIL
1985 TALLEST FERRIS WHEEL IN NORTH AMERICA
1965 SHOPPING MALL 1971 FROZEN MARGARITA MACHINE
1967 HAND-HELD CALCULATOR
North Texas median home sales
price of
13 NORTH TEXAS PROFESSIONAL SPORTS TEAMS
National Football League
FORWARD LOOKING
1963 INFRARED SYSTEMS
1966 DORITOS 1968 ATM
36,221
34,249
19,925
15,104
11,068
10,929
9,925
5,422
2,598
2,333
1995 TEXAS MOTOR SPEEDWAY 2007 BIG D NYE
1984 LASER TAG 1989 ELECTRONIC TOLLS 2002 FIRST AMERICAN IDOL WINNER
The average time spent in customs
at DFW International Airport is
11.8
MINUTES
AMERICA’S BIGGEST FAIR
The Texas State Fair
averages more than
2.5 MILLION
attendees each year
TAX FREE
SHOPPING
6,000
ARTS &
CULTURAL
EVENTS
annually in
North Texas
56
DIRECT INTERNATIONAL FLIGHTS
out of DFW International Airport
LARGEST CONTIGUOUS
URBAN ARTS DISTRICT
in the United States is
the Dallas Arts District
International shoppers can be refunded
for taxes paid at 12 kiosks state wide,
including one at DFW International Airport.
North Texas Community Colleges
Dallas County Community College
Collin College (Collin County)
Tarrant County Community College
North Central Texas College
ALLEN AMERICANS
DALLAS SIDEKICKS
Central Hockey League
Major Indoor League Soccer
TEXAS REVOLUTION
Indoor Football League
DALLAS WINGS
Woman’s National Basketball Assosiation
North Texas is the
10
TH
LARGEST
retail market in the U.S.
FRISCO ROUGHRIDERS
Minor League Baseball
GRAND PRAIRIE AIRHOGS
Independence League Baseball
North Texas is home to
833
SPORTS VENUES
10 | NTC-DFW.ORG | NORTH TEXAS COMMISSION
TEXAS LEGENDS
NBA Development League
LONE STAR BRAHMAS
North American Hockey League
52
WINERIES
in the North Texas region
71,913
51,831
50,628
10,335
157 SCHOOL DISTRICTS
96 PUBLIC CHARTER SCHOOLS
400
PUBLIC PARKS
covering 23,000 acres
Education Service Centers Regions 10 & 11
200 1,728 MILES
Public & Private
GOLF COURSES
of off-street trails for
cyclists & pedestrians
NORTH TEXAS COMMISSION | NTC-DFW.ORG | 11
e
sal
18
MALLS OR CENTERS
with over 1 million sq. feet
North Texas has
60 LAKES &
RESERVOIRS
covering 550,500 acres
CURRENT UNIVERSITY RESEARCH & DEVELOPMENT
MISSION
The North Texas Commission collaborates
with regional stakeholders to strengthen
public-private alliances, advancing an
economically vibrant region.
STAFF
President & CEO
James D. Spaniolo
Vice President for Development &
Community Relations
Kerri Ressl
Vice President, Communications
Kimberly Walton
Director, Personnel & Accounting
Dawn Miller
Director, Stakeholder Relations
Amber Zuckerman
Graphic Designer & Digital Marketing Specialist
Michael Lopez
Senior Advisor to the President
Marcellette Sherman CAE, CFRE
Executive Director, Interlink
Candy Slocum
CONTACT US
North Texas Commission
P.O. Box 610246
DFW Airport, TX 75261
(972) 621-0400
www.ntc-dfw.org
[email protected]
SOUTHERN METHODIST UNIVERSITY
Decoding blue light’s ability to alter the body’s natural clock
The hunt for the elusive neutrino particle
Diagnostic and clinical treatment approaches for
age-related macular degeneration
Cybersecurity and Bitcoin scams
TEXAS A&M COMMERCE
Micro RNA therapy to restore heart muscle functionality in cardiac patients
Determining masses of the mysterious carbon-atmosphere white dwarfs
Management strategies for redbanded stinkbug-threat to U.S. soybean crops
Artificial light techniques to improve egg productivity and quality in pastureraised hens
UNIVERSITY OF NORTH TEXAS
Building transportation and logistics systems efficiencies
Food security with an increasing need for sustainable, bio-based materials
Liquid biofuels development from genetically engineered switchgrass
Tinnitus and hearing loss treatments for veterans
UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE CENTER
Renal filtration efficiencies for diabetics
Stem cell research in the recovery of brain tissue in stroke patients
Mitochondrial DNA blood testing for predisposition for Alzheimer’s
Florescent imagining and diagnostics in early detection of cancer
Nanoparticles as Trojan horses to smuggle anti-cancer drugs through the body
National Missing and Unidentified Persons System (NamUs) forensics
database for criminal investigators
UNIVERSITY OF TEXAS AT ARLINGTON
Micro-windmill clean energy production
Healthy streams through watershed wetlands
Nanophotonic chip manipulation for medical and telecommunication
applications
UNIVERSITY OF TEXAS AT DALLAS
Robot theory to improve prosthetics
Predicting criminal behavior models
Water conservation and leak detection systems
Carbon nanotube manufacturing and commercialization for electronic,
construction and automotive materials
Linking clear memory and brain connectivity to memory decline
UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER
Basic and translational research into traumatic brain injury, stroke and
Alzheimer’s Disease
Working to understand the immune system’s molecular machinery against
infections
Unravel degenerative diseases of the heart, brain and other tissues, which
represent the largest cause of death and disability in the world
Copyright © 2016 by the North Texas Commission All rights reserved. No part of this publication may be altered without
written permission of the publisher. For permission requests, write to the North Texas Commission at [email protected].