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Community Information - Killeen, TX

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Community Information - Killeen, TX

  1. 1. Location: 1. 2. 3. 4. On U.S. Highway 190 20 miles west of I35 60 miles north of Austin 60 miles south of Waco
  2. 2. Grow With Us… Rankings  1st best small city for jobs (Forbes Magazine - 2011)  8th strongest MSA economy in Texas (Policom.com - 2013)  9th MSA - Best Performing Cities in Texas (Milken Institute - 2013)  30th top MSA location for economic & job growth (Based on population category. Area Development Magazine - 2013)  Largest City in central Texas (US Census Bureau- 2011)
  3. 3. Current Indicators
  4. 4. Population Trends 2000 Census 2010 Census Percent Change 2000-2010 Belton 14,623 18,216 24.57% Copperas Cove 29,592 32,032 8.25% Gatesville 15,591 15,751 1.03% Harker Heights 17,308 26,700 54.26% Killeen 86,911 127,921 47.19% Lampasas 6,786 6,681 <1.55>% Nolanville 2,150 4,259 98.09% 54,514 66,102 21.26% Temple Source: U.S. Census Bureau
  5. 5. Population Trends Percent Change 2000-2010 2010 Census 2000 Census 310,235 237,974 30.37% Coryell County 75,388 74,978 .55% Lampasas County 19,677 17,762 10.78% 405,300 330,714 22.55% Bell County Region/MSA Source: Census Bureau
  6. 6. Unemployment Trends Dec. 2013 Dec. 2012 Difference City of Killeen 6.8% 7.1% -.04% Killeen-Temple-Fort Hood MSA 6.4% 6.7% -.04% State of Texas 5.6% 6.0% -.07% United States 6.5% 7.6% -.14% Source: Texas Workforce Commission
  7. 7. Opportunities 1. Texas A&M University – Central Texas 2. Solar Energy R&D Park – 100-800 acres (Generate enough energy to power 20,000 homes) 3. Highway Expansions and Interstate Designation (SH195 and US Hwy 190) 4. Expansion of infrastructure at Killeen-Fort Hood Regional Airport 5. Darnall Medical Center
  8. 8. Texas A&M University–Central Texas Research and Development Impact • Solar Research & Development Park • Emerging Technologies Healthcare Defense Energy • Commercialization
  9. 9. Fort Hood Stabilization, Growth, and Diversification • Economic Impact of the Volunteer Army • Power Projection Platform • Medical Center • Second Runway
  10. 10. Fort Hood - Fort Hood is one of the largest military installations in the free world - ECONOMIC IMPACT – State of Texas: TOTAL LAND: $25 Billion 209,089 Acres or 327 Sq. Miles (almost same size as Dallas) POST POPULATION: Military Assigned ……………………………………………… 41,386 On Post Population ………………………………………….. 72,163 Military Population Living Within 10 Miles of Fort Hood.. 95% Daytime Post Population ……… ……… ……… ……………100,000+ Sources: USAG Fort Hood Fact Sheet January 2014 and Heart of Texas Defense Alliance
  11. 11. Fort Hood 1. Skilled and highly trained workforce 2. Vast pool of skilled veterans separating from the Army at Fort Hood each month 3. Approximately 8,000 soldiers exit/retire from the Army at Fort Hood remain in the local area. Thirty percent remain in the area. 4. Veterans Inventory reports that an additional 41% indicate they would stay if there were quality employment opportunities. 5. Skills include but are not limited to: a. Computer technicians and operators b. Engineers c. Medical d. High Tech Electricians & Repairs e. Transportation & Logistics and More…
  12. 12. Fort Hood Estimated Salaries of Active Duty Soldiers: Enlisted Soldier with 3-10 Years of Service……...$25k - $35k Average Age: 18-35 Typical Rank: E1-E6 Senior Enlisted & Officer at Retirement…….…..$70k - $100k Average Age: 35-55 Typical Rank: E7-O9 These estimates do not include benefits pay…ie combat, COLA etc.
  13. 13. Labor Pool Opportunities: *Source: Claritas; ** Source: Heart of Texas Defense Alliance Type Estimated Annual Number Exiting or Retiring Military Personnel**: 8,000 – 10,000/year Central Texas College Students: 6,000 Texas A&M University – Central Texas: 2,000 214,134 MSA Population Ages 21-55
  14. 14. Wage Comparisons: Killeen, Texas: Job Description Average Wages Entry Wages Network and Computer Systems Administrators $ 32.14 $ 21.85 Network Systems and Data Communications Analyst $ 26.26 $ 17.26 Computer Support Specialist $ 23.65 $ 16.10 Virginia State: Job Description Mean Wages Entry Wages Network and Computer Systems Administrators $ 37.98 $ 24.75 Network Systems and Data Communications Analyst $ 39.60 $ 24.80 Computer Support Specialist $ 23.36 $ 14.58 San Bernardino County: Job Description Mean Wages Entry Wages Network and Computer Systems Administrators $ 33.94 Info. Not Available Network Systems and Data Communications Analyst $ 33.22 Info. Not Available Computer Specialist $ 22.23 Info. Not Available
  15. 15. Wage Comparisons: Job Description Entry Wages *Source: Texas Workforce Commission 2009 Top Wages Industrial Engineering* or Industrial Engineering Technicians Killeen $21.14 $29.89 Abilene* $29.57 $50.25 El Paso $16.53 $22.51 San Antonio $16.23 $25.59 Killeen $7.94 $ 9.74 Abilene $7.75 $12.20 El Paso $7.34 $ 9.18 San Antonio $7.69 $10.47 Killeen $8.19 $14.01 Abilene $7.68 $11.97 El Paso $7.70 $12.72 San Antonio $8.26 $14.15 Mfg. Helpers, Production Workers Office Clerks, General
  16. 16. 2012 Labor Study Results: Central Texas Workforce Profile Underemployed 24,100 Unemployed, Actively Seeking Work 11,400 Unemployed Customer Service Experience 63% Underemployed Office Operations 48%
  17. 17. 2012 Labor Study Results: Central Texas Workforce Profile • • • • 72% of employers rated Unskilled Workers Availability as Good 38% of employers rated Skilled Workers Available as Good 72% of employers rated Technical and Trade schools as Good 72% of employers rated Worker Productivity as Good
  18. 18. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile  Participating Employers  Number of Employees 30 7,846
  19. 19. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile  Hourly Job Classifications 139  Salaried Job Classifications 87
  20. 20. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile Average Reported Hourly Wages:  Computer Operator $15.39  General Labor $10.25  Secretary - General $13.78  Shipping / Receiving Clerk $12.96
  21. 21. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile Average Reported Salary Wages:  Database Administrator $55,700  Human Resources Manager $66,323  Engineering Manager $79,390  Warehouse Supervisor $40,194
  22. 22. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile Benefits:  Insurance Holidays Sick Leave Financial Plans Vacation Other  
  23. 23. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile Benefits of Hourly Workers:  Insurance 28 Financial Plans 23 – 401K Other 10 – Cell Phones 
  24. 24. 2012 Wages & Benefits Study Results: Central Texas Workforce Profile Benefits of Salaried Workers:  Insurance 28 Financial Plans 20 – Annual Bonus Other 13 – Computer 
  25. 25. Incentives: • Cooperative efforts between the Greater Killeen Chamber of Commerce, the City of Killeen, the Killeen Economic Development Corporation (KEDC) and the Killeen Industrial Foundation (KIF) can provide a number of incentives for a firm wishing to locate here and especially one that wishes to locate in the Killeen Business Park. However, these incentives are worked out in negotiations between the interested business and the economic development agencies with the Killeen Economic Development Corporation (KEDC) as the initial contact. Some of the incentives which have been offered in the past include: 1. 2. 3. 4. 5. JOB CREATION PAYMENTS TAX ABATEMENTS – 380 Agreements ENTERPRISE ZONE TRAINING FAST-TRACK PERMITTING • Although all incentives do not apply to all companies, the Greater Killeen Chamber of Commerce, working with the other economic development agencies, tries to obtain all the benefits it can to assist a company locating here. A company must complete an Economic Data Sheet when applying for incentives. An Economic Impact Analysis will be conducted and results will be given to the KEDC board of directors for approval. All incentives are performance based and typically include, but are not limited to, the number of jobs created, capital investment and more…. • •
  26. 26. Killeen Business Park:
  27. 27. For more information, contact the Greater Killeen Chamber of Commerce Economic Development Team: (254) 526-9551 John Crutchfield Phyllis Gogue Jonathan Packer john@killeenchamber.com phyllis@killeenchamber.com jonathan@killeenchamber.com

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