Gary Scardino - Broker
1795 N Fry Rd. Suite 186
Katy, Tx. 77449
281-455-8977
gary@garyscardino.com
1795 N Fry Rd. Suite 186
Katy, Tx. 77449
281-455-8977
gary@garyscardino.com
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Local Area News
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Katy, Tx (KTRK) - Think Katy is growing quick?
Then check this out...
According to the Gadberry Group, which ranks growth areas in the U.S. , Katy leads the nation. The top 10 communities on the list had average household growth of 150% from 2000 to 2010, compared to last year's list average of 170% from 2000 to 2009.
Gadberry Group principal Larry Martin says despite recent economic hardships, some of the nation's most resilient areas continue to grow.
"This year the number-one spot went to Katy, Texas, where household growth seems unaffected by the economic conditions that challenge many parts of the nation," Martin said in a press release. "Katy topped the list with an 8.71 percent increase in households from 2009 to 2010."
Katy was one of the top 25 candidates in 2008, took the number-five position of the 9 from the 2009 list, and occupies the number-one position on the 2010 list. This suburb of Houston added 17,641 households since 2000, increasing 8.7% from 2009 to 2010. Overall, Katy was the fourth fastest growing area of the ten since 2000, with a 267% growth rate. The Cinco Ranch development continues to contribute new households to Katy's growth.
Katy's average household income grew over 21% since 2000 to end the decade at $85,810. Average household net worth for 2010 was $250,498, while the average length of residence was 4.7 years.
The oil industry draws some of the areas largest employers, including companies such as Exxon, BP, Conoco and Shell to name a few. The rebound in oil prices has undoubtedly helped the growth of this community and Texas as a whole.
Then check this out...
According to the Gadberry Group, which ranks growth areas in the U.S. , Katy leads the nation. The top 10 communities on the list had average household growth of 150% from 2000 to 2010, compared to last year's list average of 170% from 2000 to 2009.
Gadberry Group principal Larry Martin says despite recent economic hardships, some of the nation's most resilient areas continue to grow.
"This year the number-one spot went to Katy, Texas, where household growth seems unaffected by the economic conditions that challenge many parts of the nation," Martin said in a press release. "Katy topped the list with an 8.71 percent increase in households from 2009 to 2010."
Katy was one of the top 25 candidates in 2008, took the number-five position of the 9 from the 2009 list, and occupies the number-one position on the 2010 list. This suburb of Houston added 17,641 households since 2000, increasing 8.7% from 2009 to 2010. Overall, Katy was the fourth fastest growing area of the ten since 2000, with a 267% growth rate. The Cinco Ranch development continues to contribute new households to Katy's growth.
Katy's average household income grew over 21% since 2000 to end the decade at $85,810. Average household net worth for 2010 was $250,498, while the average length of residence was 4.7 years.
The oil industry draws some of the areas largest employers, including companies such as Exxon, BP, Conoco and Shell to name a few. The rebound in oil prices has undoubtedly helped the growth of this community and Texas as a whole.
