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Carrollton City
Profile Quick Facts Overview History Location Transportation Utilities Household Income/Housing Stock Taxes Population Schools & Education Healthcare Economic Overview Major Employers "Carrollton Named To America's Top 100 Cities" - MONEY's '100 Best Places to Live' List, August 2006Quick Facts
OverviewCarrollton is a vibrant corporate and residential community that has the 'home advantage' because of its prime location. Businesses and neighborhoods flourish throughout the city's approximate 37 square miles, and the surrounding major highways, three rail freight lines and Foreign Trade Zone designation ensure continued success. A business-friendly city, Carrollton ranks in the top cities in the region in creating the highest number of new jobs, the total new development square footage, and the number of businesses moving to Carrollton, including the expansion of current businesses. The momentum in commercial/industrial development continues, and the economic cornerstone is the well-balanced residential and business tax base. This quality of life community is home to 120,150 citizens, over 5,000 businesses and a daytime workforce of over 71,000 In 2006, the city was ranked 19th by Money magazine as the nation's "Best Small Cities" to live in. Numerous assets such as excellent schools, parks and greenbelts, and convenient services are available to every neighborhood. The wide variety of housing, community partnerships and civic opportunities enhance Carrollton's diversity, and residents enjoy the award-winning sports complexes, libraries, natural areas, golf courses, lifestyle amenities and community events. Carrollton is positioned for a prosperous future. Visitors, business partners and families are invited to share the 'home advantage.' Carrollton is growing, changing, and facing many
new challenges. The city wants to have a partnership with community
groups and citizens in setting goals for the community's future.
City government is a leading force in achieving these
goals. HistoryLocationBusiness leaders who have already located in Carrollton, Texas, understand that market access is key to their success. Geographically situated in the Dallas/Fort Worth Metroplex in North Central Texas, the city of Carrollton is well-positioned as a national and international business location. Only one hour behind the east coast and two hours ahead of the west, Carrollton’s location in the Central Time Zone extends the working day for companies doing business on both coasts. D/FW International Airport, the third busiest airport in the world is located just 10 miles west of Carrollton. Travel time from D/FW International Airport to any major city in North America is less than four hours. Carrollton’s location in the Dallas/Fort Worth Metroplex provides its residents and businesses with access to a region of over 6 million people. In addition, over 40 million people in the U.S. reside within a 600 mile radius of the Metroplex, making Carrollton accessible to an extremely large consumer and industrial market. Due in part to its central location, favorable business climate, and ease of access to national and international markets, Dallas/Fort Worth consistently ranks as one of the top metropolitan growth regions in the nation. TransportationHighways Interstate Highway 35E (Stemmons Freeway) intersects the city of Carrollton and is a major north-south route linking Canada, Mexico and the United States. An excellent highway system in Dallas/Fort Worth includes three north-south interstates (IH-35E, IH-35W and IH-45), and two east-west interstates (IH-20 and IH-30). The President George Bush Turnpike, a six-lane toll highway, bisects the City of Carrollton and provides an additional east-west thoroughfare through far north Dallas. Airports Addison Airport, a full service commercial and private facility, is conveniently located near Carrollton in the adjacent Town of Addison and is the third-largest general aviation airport in the United States. Dallas/Fort Worth International Airport (D/FW), with an average of nearly 2,300 flights daily to more than 160 cities worldwide, is the third-busiest airport in the world. D/FW is home to American Airlines and Dallas Love Field, home of Southwest Airlines, is a central hub for business commuter travel. Freight Service The Dallas-Fort Worth Metroplex is the largest trucking center in the southwest United States, served by approximately 150 regular route common carriers. Over 40 major freight lines offer direct service to all points in the US. Railroads Carrollton is served by four major railroads: Dallas, Garland, Northeastern (DG&NO), Fort Worth & Western (FW&W), Burlington Northern Santa Fe (BNSF) and the Kansas City Southern (KCS). UtilitiesHousehold Income/Housing StockAmong the top 25
metropolitan areas with more than 1.5 million population, the
Dallas metropolitan statistical area is one of the most
economical major cities in which to live, with a cost of living
about 2.5% below the national average. The average household
income for Carrollton is $81,795.
TaxesProperty Taxes
PopulationOne of the fastest growing cities in North Central Texas, Carrollton is the ninth largest city in the Dallas/Fort Worth (DFW) Metroplex. 120,150 people call Carrollton "home" and celebrate diversity as one of Carrollton's greatest assets. Residents are 67% White, 15% Asian/Pacific, and 5% African American/Black. Each of these racial categories includes citizens (30% of the total population) who also identify themselves ethnically as Hispanic. Carrollton residents are relatively young and well educated. According to the 2005 Census, the median age of Carrollton residents is 35, with 66% of the population between the ages of 20-64. Schools & EducationFour independent school districts lies within the city boundaries. The Carrollton/Farmers Branch Independent School District, Lewisville Independent School District, Dallas Independent School District and Plano Independent School District. The majority of Carrollton's school age residents attend schools within the Carrollton/Farmers Branch Independent School District or the Lewisville Independent School District. The Plano Independent School District does not contain any schools. Carrollton's school population, being over 25,000 students, consists of approximately 46% elementary students, 18% middle school students, and 36% high school students. Carrollton has a large private school enrollment with 2,255 students. The instruction accommodates pre-kindergarten through high school levels. Higher Education Centrally located, Carrollton is within 30 minutes of most colleges and universities in the Dallas/Fort Worth area. HealthcareCarrollton is home to Trinity Medical Center, a fully-accredited, 207-bed full-service hospital and medical complex, with over 355 physicians on staff. The center also includes a pharmacy, a 160-bed skilled nursing facility and the Trinity Easter Seal Society for Children. Economic OverviewAccording to Coldwell Banker, in 2004 Carrollton had the highest occupancy rate of 93% for commercial/industrial space, in comparison to 87% for the DFW area. In 2006, the city realized over 1 million square feet of new facility construction, complimented by over 6.2 million square feet of new lease space that entered the city. In addition, 324 firms with greater than 5,000 square feet relocated in 2006. Future Outlook Carrollton has approximately 1,700 acres of land available for future development. This acreage accounts for over 9 percent of Carrollton’s total land area of about 24,000 acres. Carrollton’s future land use plan designates over 40 percent of the city’s total area for office, commercial, and industrial use. The city of Carrollton is well-positioned for a prosperous future. Available Properties Carrollton has five major business parks - Valwood Industrial Park, Frankford Trade Center, Austin Ranch, International Business Park and Trinity Mills Industrial Park. Valwood Industrial Park and the Frankford Trade Center are among the premier industrial parks in the Dallas/Fort Worth area.
Labor Supply As part of a total civilian labor force in the Dallas/Fort Worth area of over 3.0 million, the City of Carrollton’s civilian labor force consists of approximately 71,000 workers. By industry group, 35% of Carrollton workers are employed in wholesale, warehousing & retail trade and manufacturing. By occupational category, 81% of Carrollton workers are employed in managerial, professional, sales and office occupations. Due to the available skills of the labor force and the economic strength and diversity of the area, Carrollton’s unemployment rates remain below national, state and regional levels.
N/A Statistics have not been released.
Texas is a
"right-to-work" state.
Major EmployersEmployers with 1,000 or more employees
Employers with 500 - 1,000 employees
Employers with 150 - 500 employees
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