Red Oak Economic Development - City of Red Oak
Red Oak Economic Development Growth Facts Population Growth Rate 2000 to 2010 160%
150%
140% 125% Red Oak
120%
Midlothian Glenn Heights g
100%
Waxahachie 80%
Lancaster
70%
Oak Leaf 60%
DeSoto 45%
41%
Ennis 32% 32%
% 40%
Ovilla 19% 13% 10% 10% 9%
20%
Ferris 8%
Palmer Duncanville
0%
Italy
43.23 Milles
Source: North Central Texas Council of Governments
Fastest growing city in Ellis County & immediate area (‘00 – ‘10). 150.4% population growth rate (‘00 – ‘10). Growth Rate ranks 16th out of 156 D/FW cities (‘00 – ‘10).
Todd Fuller, Assistant City Manager, City Of Red Oak, PO Box 393, Red Oak, TX 75154 Phone: (972) 617-6831 Fax: (972) 576-0929 Email: [email protected] Website: www.redoaktx.org
Red Oak Economic Development
Growth Facts
Growth Rate Taxable Sales '00 00 to '10 10 80% 80%
60%
50%
49%
Red Oak 36%
Waxahachie
40%
Ennis
23%
Lancaster
15%
20%
De Soto Midlothian
3%
Duncanville
-40%
-37%
Statte Average
Duncanville
Midlothian M
De Soto
Lancaster
Ennis
Waxahachie
-20%
Red Oak
0%
State Average
Source: Texas Comptroller of Public Accounts
80% increase in taxable sales (‘00-’10). Highest rate increase of taxable sales in the surrounding area (’00 -’10). Outpaced the average taxable sales growth rate for all Texas cities, while other cities in the immediate area fell below the average (‘00 – ’10). At an increase of 4.2%, Red Oak outpaced the statewide average increase in t taxable bl sales l off 0 0.1% 1% ffrom ‘09 ‘09-’10 ’10 (‘09 (‘09-’10). ’10) Red Oak sustained a positive growth rate (2.5%) in taxable sales during the recent economic downturn, as compared to the statewide average decrease (-5.1%) and it is the only major city in Ellis County that posted a positive growth rate during this period (’08 – ’10).
Todd Fuller, Assistant City Manager, City Of Red Oak, PO Box 393, Red Oak, TX 75154 Office: (972) 617-6831 Cell: (972) 822-4578 Email: [email protected] Website: www.redoaktx.org
150%
140% 125% Red Oak
120%
Midlothian Glenn Heights g
100%
Waxahachie 80%
Lancaster
70%
Oak Leaf 60%
DeSoto 45%
41%
Ennis 32% 32%
% 40%
Ovilla 19% 13% 10% 10% 9%
20%
Ferris 8%
Palmer Duncanville
0%
Italy
43.23 Milles
Source: North Central Texas Council of Governments
Fastest growing city in Ellis County & immediate area (‘00 – ‘10). 150.4% population growth rate (‘00 – ‘10). Growth Rate ranks 16th out of 156 D/FW cities (‘00 – ‘10).
Todd Fuller, Assistant City Manager, City Of Red Oak, PO Box 393, Red Oak, TX 75154 Phone: (972) 617-6831 Fax: (972) 576-0929 Email: [email protected] Website: www.redoaktx.org
Red Oak Economic Development
Growth Facts
Growth Rate Taxable Sales '00 00 to '10 10 80% 80%
60%
50%
49%
Red Oak 36%
Waxahachie
40%
Ennis
23%
Lancaster
15%
20%
De Soto Midlothian
3%
Duncanville
-40%
-37%
Statte Average
Duncanville
Midlothian M
De Soto
Lancaster
Ennis
Waxahachie
-20%
Red Oak
0%
State Average
Source: Texas Comptroller of Public Accounts
80% increase in taxable sales (‘00-’10). Highest rate increase of taxable sales in the surrounding area (’00 -’10). Outpaced the average taxable sales growth rate for all Texas cities, while other cities in the immediate area fell below the average (‘00 – ’10). At an increase of 4.2%, Red Oak outpaced the statewide average increase in t taxable bl sales l off 0 0.1% 1% ffrom ‘09 ‘09-’10 ’10 (‘09 (‘09-’10). ’10) Red Oak sustained a positive growth rate (2.5%) in taxable sales during the recent economic downturn, as compared to the statewide average decrease (-5.1%) and it is the only major city in Ellis County that posted a positive growth rate during this period (’08 – ’10).
Todd Fuller, Assistant City Manager, City Of Red Oak, PO Box 393, Red Oak, TX 75154 Office: (972) 617-6831 Cell: (972) 822-4578 Email: [email protected] Website: www.redoaktx.org
