Powered by one of the most acclaimed school districts in the state of Texas, Katy’s growth is fueled by an abundant and talented population which is growing five to six percent annually. In a recent survey of 400 Katy residents, 98% said they would recommend Katy as a place to live. In 2014 Cinco Ranch, which is located in the Katy Area, was ranked the top place (#1) in the United States for livability. The Katy Area was rated No. 1 in the United States for growth in 2010 by the Gadberry Group, a site selection consulting firm.
Over 297,000 people reside in Katy and are drawn here by the Katy Independent School District (Katy ISD), which now has about 70,000 students. Katy’s past growth between the years 2000 and 2010 increased by 83%. This phenomenal growth is projected to continue, fueled by Katy ISD, energy companies and corporations, businesses and entrepreneurs. By the year 2019, projections show that over 343,000 people will reside in Katy. 550,000 persons are expected to reside in the Katy Area by the year 2035.
Employment in the Katy Area continues to grow at similar pace. The civilian employed population is 140,543 persons (2014) with growth projected to be over 173,559 persons by the year 2019 (21.8 % increase). The Katy Area has a low unemployment rate at 4.8% (7,206 persons).
The demographics of the Katy Area are grounded in a strong income base with exceptional educational attainment. The average household income of $113,212 (2014) in the Katy Area is projected to increase to $130,212 by the year 2019. This strong income base translates into strong educational attainment above the national average, with over 41% of the population having bachelor’s or graduate degrees.
Katy Area Demographics Facts and Figures
|Population & Demographics of the Katy Area (Katy ISD)
|Source: Alteryx, 2014|