Emsi Analyst PDF Export · 2020-07-16 · 48019 Bandera County, TX Economy Overview Emsi Q2 2020 Data Set | 1. Economy Overview Takeaways As of 2019 the region's popula#on increased

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28

Contents

Report Parameters

Economy Overview

Historic & Projected Trends

Popula on Characteris cs

Industry Characteris cs

Business Characteris cs

Workforce Characteris cs

Educa onal Pipeline

In-Demand Skills

Economy Overview

Emsi Q2 2020 Data Set | www.economicmodeling.com

1 County

Class of Worker

QCEW Employees, Non-QCEW Employees, and Self-Employed

The informa on in this report pertains to the chosen geographical area.

Report Parameters

48019 Bandera County, TX

Economy Overview

Emsi Q2 2020 Data Set | www.economicmodeling.com 1

Economy Overview

Takeaways

As of 2019 the region's popula on increased by 11.4% since 2014, growing by 2,378. Popula on is expected to increase by

7.1% between 2019 and 2024, adding 1,644.

From 2014 to 2019, jobs increased by 12.7% in Bandera County, TX from 4,239 to 4,776. This change outpaced the na onal

growth rate of 7.6% by 5.1%. As the number of jobs increased, the labor force par cipa on rate increased from 50.2% to

50.9% between 2014 and 2019.

Concerning educa onal a ainment, 15.5% of Bandera County, TX residents possess a Bachelor's Degree (3.4% below the

na onal average), and 7.6% hold an Associate's Degree (0.4% below the na onal average).

The top three industries in 2019 are Educa on and Hospitals (Local Government), Restaurants and Other Ea ng Places, and

Other Specialty Trade Contractors.

23,194 4,776 $53.7KPopula on (2019) Total Regional Employment Median Household Income (2018)

Popula on grew by 2,378 overthe last 5 years and is projected to

grow by 1,644 over the next 5years.

Jobs grew by 538 over the last 5years and are projected to grow

by 501 over the next 5 years.

Median household income is$6.6K below the na onal median

household income of $60.3K.

Economy Overview


Region 23,194 10,164 4,776 97.3 $535.59M $1.22B $534.42M

State 29,128,822 14,192,258 14,126,058 97.0 $1.85T $1.13T $1.50T

Charlo e, TX (in Atascosacounty) (ZIP 78011)

1,776 N/A 532 90.9 $68.23M $128.58M $110.00M

Chris ne, TX (in Atascosacounty) (ZIP 78012)

184 N/A 258 90.9 $96.92M $88.00M $148.71M

Jourdanton, TX (inAtascosa county) (ZIP78026)

7,796 N/A 2,753 90.9 $561.95M $733.25M $838.75M

Lytle, TX (in Atascosacounty) (ZIP 78052)

6,247 N/A 2,320 90.9 $162.51M $368.17M $235.49M

Pleasanton, TX (in Atascosacounty) (ZIP 78064)

18,582 N/A 8,506 90.9 $956.67M $1.48B $1.44B

Poteet, TX (in Atascosacounty) (ZIP 78065)

16,037 N/A 1,925 90.9 $296.28M $789.40M $386.87M

Popula on(2019)

LaborForce

(2019) Jobs (2019)

Costof

Living GRP Imports Exports

Economy Overview


2019 Labor Force Breakdown

Popula on

23,194

Educa onal A ainment

Concerning educa onal a ainment, 15.5% of Bandera County, TX residents possess a Bachelor's Degree (3.4% below the

na onal average), and 7.6% hold an Associate's Degree (0.4% below the na onal average).

Popula on

A Total Working Age Popula on 19,987

A Not in Labor Force (15+) 9,823

A Labor Force 10,164

A Employed 9,869

A Unemployed 295

A Under 15 3,207

% of Popula on Popula on

A Less Than 9th Grade 6.1% 1,094

A 9th Grade to 12th Grade 7.6% 1,375

A High School Diploma 31.2% 5,612

A Some College 24.2% 4,343

A Associate's Degree 7.6% 1,374

A Bachelor's Degree 15.5% 2,778

A Graduate Degree and Higher 7.8% 1,403

Economy Overview


Historic & Projected Trends

Popula on Trends

As of 2019 the region's popula on increased by 11.4% since 2014, growing by 2,378. Popula on is expected to increase by 7.1%

between 2019 and 2024, adding 1,644.

2014 20,816

2015 21,148

2016 21,705

2017 22,324

2018 22,824

2019 23,194

2020 23,583

2021 23,940

2022 24,268

2023 24,567

2024 24,838

Timeframe Popula on

Economy Overview


Job Trends

From 2014 to 2019, jobs increased by 12.7% in Bandera County, TX from 4,239 to 4,776. This change outpaced the na onal

growth rate of 7.6% by 5.1%.

2014 4,239

2015 4,484

2016 4,461

2017 4,525

2018 4,696

2019 4,776

2020 4,918

2021 5,035

2022 5,135

2023 5,219

2024 5,278

Timeframe Jobs

Economy Overview


Labor Force Par cipa on Rate Trends

2015 50.30%

2016 50.62%

2017 50.65%

2018 50.47%

2019 50.39%

January 2020 50.10%

February 2020 50.32%

March 2020 49.50%

Timeframe Labor Force Par cipa on Rate

Economy Overview


Unemployment Rate Trends

Bandera County, TX had a March 2020 unemployment rate of 4.39%, increasing from 3.96% 5 years before.

2015 3.96%

2016 4.09%

2017 3.61%

2018 3.38%

2019 3.27%

January 2020 3.39%

February 2020 3.25%

March 2020 4.39%

Timeframe Unemployment Rate

Economy Overview


Bandera County, TX has 3,089

millennials (ages 25-39). The

na onal average for an area this

size is 4,692.

Re rement risk is high in Bandera

County, TX. The na onal average

for an area this size is 6,607

people 55 or older, while there are

10,591 here.

Racial diversity is low in Bandera

County, TX. The na onal average

for an area this size is 9,043

racially diverse people, while there

are 5,203 here.

Bandera County, TX has 2,634

veterans. The na onal average for

an area this size is 1,298.

Bandera County, TX has 1.39

violent crimes per 1,000 people.

The na onal rate is 3.87 per 1,000

people.

Bandera County, TX has 12.5

property crimes per 1,000 people.

The na onal rate is 22.98 per

1,000 people.

Popula on Characteris cs

3,089

Millennials

10,591

Re ring Soon

5,203

Racial Diversity

2,634

Veterans

1.39/1,000

Violent Crime

12.5/1,000

Property Crime

Economy Overview


Where Talent Works Where Talent Lives

Place of Work vs Place of Residence

Understanding where talent in Bandera County, TX currently works compared to where talent lives can help you op mize site

decisions.

78003 Bandera, TX (in Bandera county)… 2,970

78063 Pipe Creek, TX (in Bandera county)… 1,267

78055 Medina, TX (in Bandera county)… 415

78885 Vanderpool, TX (in Bandera county)… 102

78883 Tarpley, TX (in Bandera county)… 23

ZIP Name2019

Employment

78003 Bandera, TX (in Bandera county)… 4,695

78063 Pipe Creek, TX (in Bandera county)… 4,422

78055 Medina, TX (in Bandera county)… 737

78883 Tarpley, TX (in Bandera county)… 123

78885 Vanderpool, TX (in Bandera county)… 70

ZIP Name2019

Workers

Economy Overview


Industry Characteris cs

Largest Industries

Industry Jobs Na onal Average

0 200 400 600

Government

Construc on

Accommoda on and Food Services

Retail Trade

Other Services (except Public Administra on)

Health Care and Social Assistance

Agriculture, Forestry, Fishing and Hun ng

Professional, Scien fic, and Technical Services

Administra ve and Support and Waste Management andRemedia on Services

Transporta on and Warehousing

U li es

Finance and Insurance

Real Estate and Rental and Leasing

Educa onal Services

Manufacturing

Arts, Entertainment, and Recrea on

Wholesale Trade

Informa on

Economy Overview


Top Growing Industries

Industry Jobs Growth

0 50 100 150 200

Construc on

Retail Trade





Government

Educa onal Services

U li es

Wholesale Trade

Economy Overview


Top Industry LQ

Industry LQ

0.00 1.00 2.00 3.00 4.00 5.00

U li es


Construc on



Government

Retail Trade








Educa onal Services

Informa on

Wholesale Trade

Manufacturing

Economy Overview


Top Industry GRP

2019 Gross Regional Product

$0.000 $10.00M $20.00M $30.00M $40.00M $50.00M

Construc on

Government


U li es


Retail Trade







Manufacturing


Wholesale Trade

Informa on


Educa onal Services

Economy Overview


Top Industry Earnings

2019 Earnings Per Worker

$0 $20,000 $40,000 $60,000 $80,000

Informa on

U li es

Wholesale Trade




Manufacturing


Government


Construc on




Retail Trade



Educa onal Services

Economy Overview


Government 768 798 30 +4% 1.12 $53,406 $46.32M

Construc on 556 775 219 +39% 2.85 $41,620 $51.00M

Accommoda on and Food Services 560 622 62 +11% 1.51 $23,782 $31.55M

Retail Trade 439 514 75 +17% 1.09 $29,986 $29.92M

Other Services (except PublicAdministra on)

324 397 73 +23% 1.76 $28,154 $16.36M

Health Care and Social Assistance 426 397 -29 -7% 0.65 $58,391 $27.35M

Agriculture, Forestry, Fishing andHun ng

285 285 0 0% 5.13 $36,828 $43.72M

Professional, Scien fic, and TechnicalServices

203 198 -5 -2% 0.63 $55,449 $20.66M

Administra ve and Support and WasteManagement and Remedia on Services

125 177 52 +42% 0.60 $30,967 $9.59M

Transporta on and Warehousing 67 137 70 +104% 0.76 $59,165 $13.60M

U li es 75 89 14 +19% 5.50 $97,501 $32.64M

Finance and Insurance 108 83 -25 -23% 0.43 $60,071 $14.00M

Real Estate and Rental and Leasing 75 74 -1 -1% 0.91 $47,977 $23.50M

Educa onal Services 38 53 15 +39% 0.43 $23,574 $1.49M

Manufacturing 55 45 -10 -18% 0.12 $56,030 $12.94M

Arts, Entertainment, and Recrea on 51 44 -7 -14% 0.52 $31,146 $2.85M

Wholesale Trade 34 43 9 +26% 0.25 $62,016 $7.91M

Informa on 34 28 -6 -18% 0.32 $99,834 $7.52M

Industry2014Jobs

2019Jobs Change in Jobs

%Changein Jobs

2019LQ

2019 EarningsPer Worker 2019 GRP

Economy Overview


Business Characteris cs

2,444 Companies Employ Your Workers

Online profiles for your workers men on 2,444 companies as employers, with the top 10 appearing below. In the last 12 months,

338 companies in Bandera County, TX posted job pos ngs, with the top 10 appearing below.

Bandera Isd 54

Bandera Electric Coopera ve, Inc.… 26

United Services Automobile Associa on… 24

Northside Isd 18

Wells Fargo & Company 17

County of Bandera 16

Heb Grocery Company, LP 16

High School 13

United States Department of the Air Force… 13

Wal-Mart Stores, Inc. 13

Top Companies Profiles

United Services Automobile Associa on… 365

CRST Interna onal, Inc. 259

C.R. England, Inc. 157

Dollar General Corpora on 86

HealthCare Employment Network… 86

Touchstone Communi es, Inc. 82

HomeAdvisor, Inc. 55

Pegasus Transporta on, Inc. 50

Telereach Inc 38

Blair Logis cs, Inc. 37

Top Companies Pos ng Unique Pos ngs

Economy Overview


Business Size

*Business Data by DatabaseUSA.com is third-party data provided by Emsi to its customers as a convenience, and Emsi does not endorse or warrant its

accuracy or consistency with other published Emsi data. In most cases, the Business Count will not match total companies with profiles on the summary

tab.

Percentage Business Count

A 1 to 4 employees 40.3% 282






Economy Overview


Workforce Characteris cs

Largest Occupa ons

Occupa on Jobs Na onal Average

0 100 200 300 400 500 600

Construc on and Extrac on

Office and Administra ve Support

Sales and Related

Food Prepara on and Serving Related

Educa on, Training, and Library

Management

Building and Grounds Cleaning and Maintenance

Installa on, Maintenance, and Repair

Transporta on and Material Moving

Personal Care and Service

Farming, Fishing, and Forestry

Healthcare Prac oners and Technical

Business and Financial Opera ons

Produc on

Protec ve Service

Healthcare Support

Community and Social Service

Arts, Design, Entertainment, Sports, and Media

Computer and Mathema cal

Architecture and Engineering

Legal

Military-only

Life, Physical, and Social Science

Economy Overview


Top Growing Occupa ons

Occupa on Jobs Growth

0 20 40 60 80 100 120





Sales and Related


Management





Protec ve Service





Produc on

Economy Overview


Top Occupa on LQ

Occupa on LQ

0.00 1.00 2.00 3.00 4.00






Management




Sales and Related


Protec ve Service

Military-only


Healthcare Support


Legal





Produc on


Economy Overview


Top Occupa on Earnings

2018 Median Hourly Earnings

$0.00 $10.00 $20.00 $30.00

Legal






Management



Protec ve Service



Produc on




Military-only

Healthcare Support

Sales and Related





Economy Overview


Top Posted Occupa ons

Unique Average Monthly Pos ngs

0 50 100 150


Sales and Related



Management





Healthcare Support





Produc on




Protec ve Service

Economy Overview


Underemployment

Jobs Requiring Ed. Level Popula on at Ed. Level

0% 10% 20% 30% 40%

No Formal Educa on Required

High School Diploma or Equivalent

Some College, Non-Degree Award

Associate's Degree

Bachelor's Degree

Graduate Degree and Higher

Economy Overview


Construc on andExtrac on

438 570 132 +30% 2.54 $16.10 6

Office andAdministra ve Support

498 538 40 +8% 0.79 $14.67 33

Sales and Related 409 452 43 +11% 0.96 $12.12 82

Food Prepara on andServing Related

355 415 60 +17% 1.04 $9.63 14

Educa on, Training, andLibrary

362 377 15 +4% 1.40 $23.00 16

Management 313 344 31 +10% 1.26 $28.11 28

Building and GroundsCleaning andMaintenance

262 288 26 +10% 1.67 $10.71 7

Installa on,Maintenance, and Repair

199 267 68 +34% 1.44 $17.77 15

Transporta on andMaterial Moving

162 240 78 +48% 0.73 $14.85 174

Personal Care andService

190 202 12 +6% 0.95 $10.23 18

Farming, Fishing, andForestry

152 156 4 +3% 4.40 $10.33 1

Healthcare Prac onersand Technical

160 152 -8 -5% 0.57 $29.24 45

Business and FinancialOpera ons

123 145 22 +18% 0.57 $29.43 22

Produc on 106 110 4 +4% 0.40 $16.48 6

Protec ve Service 89 101 12 +13% 0.95 $18.79 1

Healthcare Support 121 99 -22 -18% 0.77 $13.49 16

Community and SocialService

81 92 11 +14% 1.15 $20.36 3

Arts, Design,Entertainment, Sports,and Media

75 88 13 +17% 1.02 $18.60 3

Occupa on2014Jobs


%Changein Jobs

2019LQ

2018 MedianHourly Earnings

May 2019 - Apr 2020Unique Average Monthly

Pos ngs

Economy Overview


Computer andMathema cal

40 44 4 +10% 0.32 $32.90 21

Architecture andEngineering

39 33 -6 -15% 0.40 $31.32 8

Legal 26 25 -1 -4% 0.64 $37.91 1

Military-only 22 22 0 0% 0.80 $14.62 0

Life, Physical, andSocial Science

16 16 0 0% 0.41 $29.77 1

Occupa on2014Jobs


%Changein Jobs

2019LQ

2018 MedianHourly Earnings

May 2019 - Apr 2020 UniqueAverage Monthly Pos ngs

Economy Overview


Educa onal Pipeline

Over the last 5 years, no schools in Bandera County, TX produced graduates.

Economy Overview


In-Demand Skills

Top Hard Skills Na onal Average

0 50 100 150 200 250 300

Merchandising

Flatbed Truck Opera on

Cash Register

Restaurant Opera on

Financial Services

Risk Management

Nursing

Dry Van Truck Opera on

Customer Sa sfac on

Accoun ng

Economy Overview


Documents

Emsi Analyst PDF Export · 2020-07-16 · 48019 Bandera County, TX Economy Overview Emsi Q2 2020 Data Set | 1. Economy Overview Takeaways As of 2019 the region's popula#on increased