Powered by one of the most acclaimed school districts in the state of Texas, Katy area’s growth is fueled by an abundant and talented population, which is growing at of rate of roughly 5% annually.
Approximately 347,000 people reside in the Katy area and are drawn here by the Katy Independent School District (Katy ISD), which now has over 80,000 students. The Katy area is larger in population than the City of Pittsburgh, PA and City of Cincinnati, OH. Katy’s past growth between the years 2000 and 2010 increased by 84%. This phenomenal growth is projected to continue, fueled by Katy ISD, energy companies and corporations, businesses and entrepreneurs. By the year 2023, projections show that over 392,000 people will call the area home.
Employment in the Katy area continues to grow at similar pace. The civilian employed population is 188,917 persons with growth projected to 227,283 persons by the year 2023 (20.3% increase). The Katy area has a low unemployment rate at 4.6%.
The demographics of the Katy area are grounded in a strong income base with exceptional educational attainment. The average household income is $131,732 in the Katy area and projected to increase to $154,065 by the year 2023. The strong income base translates to strong educational attainment above the national average, with over 44% of the population having a bachelor's or graduate degree.