Highlights

2016 Economic Review

In 2016, Carrollton continued to experience steady, diversified growth in all sectors of its economy, echoing the ongoing growth in the Dallas MetroPlex and in North Texas.  Carrollton’s location, quality of life, low taxes, high level of city services, low crime rate, competitive housing choices, and competitive lease rates continue to set Carrollton apart from others as a value within the MetroPlex, Where Connections Happen.

i-kNvQFHp-X3

In 2016, Carrollton’s assessed value of real and personal property grew to over $12 billion with industrial/commercial valuations continuing to represent a larger percentage of the overall valuation, as compared with residential valuations.

Additionally, Carrollton’s estimated population in 2016 was 133,168, up from a population of 127,279, according to American Community Survey’s population estimates (4.6% growth) and is projected to grow by an additional 4.2% by 2020 to 138,817.  Also, Carrollton’s median family and household income and workforce remained stable. The number of housing units rose from 45,508 to 47,069 in 2016, a 3.4% increase.  Housing units are estimated to continue to increase due to anticipated additional single family and multi-family projects currently in the planning phases, which will contribute to this number for several years to come.

For the complete 2016 Economic Review, please click here.