Denton County, TX
Economy Overview
Denton County, TX
600 Six Flags Drive, Suite 300 Arlington, Texas 76005
Lightcast Q3 2022 Data Set |
Economy Overview
Contents
.R.e.p.o.r.t.P. a. r.a.m. .e.t.e.rs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1. . . . . . . .E.c.o.n.o.m. .y.O. .v.e.r.v.ie. w. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . .U.n.e. m. .p.l.o.y.m. e. n. .t.b.y. D. .e.m. .o.g.r.a.p.h.ic. s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . .H.i.st.o. r.i.c.&. .P. r.o.j.e.c.te. d. .T.r.e.n.d.s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8. . . . . . . .P.o.p.u.l.a. .o.n. .C.h.a.r.a.c.t.e.ri.s. .c.s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.2. . . . . . . .In. b. o. u. .n.d. a. n. .d. O. .u.t.b.o.u.n. d. .M. .ig. r.a. . o. .n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.4. . . . . . . .In. d. u. s. t.r.y. C. .h.a.r.a.c.te. r.i.s. .c.s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.6. . . . . . . .B.u.s.in. e. .ss. .C.h. a. r.a.c.t.e.r.is. . c.s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.1. . . . . . . .W. .o.rk. f.o. r.c.e. .C.h.a.r.a.c.t.e.ri.s. .c.s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.3. . . . . . . .E.d.u.c.a. . o. n. a. l. P. .ip. e. l.in. .e. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.9. . . . . . . .In. -.D. .e.m. a. n. d. .S.k. i.ll.s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.0. . . . . . .
Lightcast Q3 2022 Data Set |
Economy Overview
Report Parameters
1 County
48121 Denton County, TX
Class of Worker
QCEW Employees, Non-QCEW Employees, and Self-Employed
The informa on in this report pertains to the chosen geographical area.
Lightcast Q3 2022 Data Set |
1
Economy Overview
Economy Overview
952,499
Popula on (2021)
Popula on grew by 144,933 over the last 5 years and is projected to grow by 155,685 over the next 5
years.
324,676
Total Regional Employment
Jobs grew by 56,473 over the last 5 years and are projected to grow by 50,387 over the next 5 years.
$90.4K
Median Household Income (2020)
Median household income is $25.4K above the na onal median
household income of $65.0K.
Takeaways
As of 2021 the region's popula on increased by 17.9% since 2016, growing by 144,933. Popula on is expected to increase by 16.3% between 2021 and 2026, adding 155,685. From 2016 to 2021, jobs increased by 21.1% in Denton County, TX from 268,203 to 324,676. This change outpaced the na onal growth rate of 1.8% by 19.3%. As the number of jobs increased, the labor force par cipa on rate increased from 71.3% to 72.7% between 2016 and 2021. Concerning educa onal a ainment, 30.9% of Denton County, TX residents possess a Bachelor's Degree (10.6% above the na onal average), and 7.6% hold an Associate's Degree (1.1% below the na onal average). The top three industries in 2021 are Restaurants and Other Ea ng Places, Educa on and Hospitals (Local Government), and Educa on and Hospitals (State Government).
Region WSNCT
Popula on (2022)
Labor Force
(Jun 2022)
Jobs (2021)
983,495
555,325
324,676
3,330,274 1,758,468 1,237,518
Cost of
Living 101.5
96.7
GRP $41.59B $176.13B
Imports $60.48B $194.34B
Exports $27.82B $130.14B
Lightcast Q3 2022 Data Set |
2
Economy Overview
Jun 2022 Labor Force Breakdown
983,495
Popula on (2022)
A 16+ Civilian Non-Ins tu onalized Popula on
A
Not in Labor Force (16+)
A
Labor Force
A
Employed
A
Unemployed
A
Under 16, Military, and ins tu onalized Popula on
Popula on 771,840 216,515 555,325 536,444 18,881 211,655
Educa onal A ainment
Concerning educa onal a ainment, 30.9% of Denton County, TX residents possess a Bachelor's Degree (10.6% above the na onal average), and 7.6% hold an Associate's Degree (1.1% below the na onal average).
A Less Than 9th Grade
A
9th Grade to 12th Grade
A High School Diploma
A Some College
A Associate's Degree
A Bachelor's Degree
A
Graduate Degree and Higher
% of Popula on 3.3% 4.2%
17.4% 21.2%
7.6% 30.9% 15.4%
Popula on 20,817 26,753
111,651 135,814
48,487 197,893
98,767
Lightcast Q3 2022 Data Set |
3
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