We are a unique blend of new leading edge urban
mixed with traditional rural… a great quality of life with a business/technology
friendly environment… a little bit country and a little bit cosmopolitan… making
Collin County an enviable something-for-anyone home in the heart of North Texas.
We aren't just the Metroplex's country cousin anymore.
In just a few years, we have grown into a destination county for individuals,
families and corporations alike. So it's no surprise that Collin County
continues to grow at one of the nation's fastest rates, welcoming almost
100 new residents every day. Our population topped 790,000 in 2009,
punctuating a stunning growth spurt of more than
61 percent since the last census in 2000. Eight of the 10 fastest-growing
cities in North Texas are in Collin County, with rates averaging more
than 250 percent. But population growth is just one indicator of why Collin
County is a jewel in the Texas crown.
The education level of the Collin County workforce is almost twice as
high as state and U.S. averages. Almost half of our workers 25 and older
possessing Bachelor's or advanced degrees. There were 104,000 more jobs
in the civilian labor force here in 2006 than in 2000, far outpacing the
county's 42-percent population growth spurt for the same period. The most current (September 2012) estimated unemployment rate here, according to the Texas Workforce Commission, is 5.7%, compared to 6.3% for Texas and 7.6% nationwide (not seasonally adjusted).
Almost every Collin County industry grew by double-digit
percentages from 2000-2006. Service jobs grew by almost
90 percent in those seven years. Two out of the 24 Fortune
500 companies choosing the Metroplex for their headquarters
are located in Collin County, along with other major
Our residents' mean work commute time
is only 28 minutes.And though 80% of
Collin residents drive alone to work,
public transportation use has more than
doubled in the last eight years. People here
also work at home at a much higher rate
than the state average. And to maintain
reasonable get-around times, Collin County's
vital road and highway projects continue to
keep pace with our fast growth.
Collin County is receiving $1.5 billion from Highway 121 (Sam Rayburn Tollway)
toll revenues to start new road expansion projects on Highway 121;
this vital east-west project will stretch 25.9 miles through
Collin, Dallas and Denton counties and should be completed in
January 2012. Meanwhile, Dallas North Tollway expansion continues
to push northward along the western county line. Voters here also
approved a $235.6 million transportation bond package in November
2007 to support street and highway improvements throughout the county.
And our Road & Bridge workers have been paving about 50 miles of
our rural roads each year in a multi-year project to finish out
all 475 miles of county roadways.
The average value of a Collin County home today is $230,944. With a newly
adopted five percent homestead exemption and a tax rate decrease in 2008 and 2010
(we haven't raised our county tax rate in 17 years), that means our average
homeowner will pay about $526 in 2012 county taxes. These relatively reasonable
housing costs continue to attract new residents from all over the nation,
and contribute to our high occupancy rates.
Per capita income ($35,285) in this part of North
Texas is $10,000 a year higher than the U.S. norm, while
our median family income outpaces the national rate
by almost $30,000, at $88,180.
On the flip side of the economic coin, only four
percent of Collin families are considered living at
or under the poverty level, less than half the national
average and three times lower than the Texas average.
It's estimated that less than two percent of our
families received public cash assistance in 2006.
When Forbes magazine rated our nation's public
school districts in July 2007,Collin County rated
second in the nation when it came to getting the
most educational bang for the taxpayers' buck.
And while total school enrollment has grown as
the general population has grown, the biggest
growth here (2000-2006) came from college
student (undergraduate and graduate) enrollments,
which climbed by almost 47% in the seven-year
period. These students made up about one
quarter of all enrolled students in the county,
which emphasizes the fact that employers here
have a highly educated labor pool.
Add all this up, and include great
communities, fine recreation, entertainment,
and retail, deep ties to our ranching and
farming heritage, a rich sense of history,
and a friendly small town heart, and you've
got Collin County… first in growth, second to none.