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Wednesday, February 3, 2010

Fort Bend County tops Forbes growth list

Fort Bend County is the No. 1 county in the United States to “get ahead,” according to Forbes magazine.

The county, a suburb located southwest of Houston, topped the publication’s list of counties that experienced the most income and job growth over the past few years.

The average median household income in Fort Bend County climbed 10 percent to $84,782 in 2008 from $77,082 in 2007, said Forbes. The county has also added 5,913 new jobs since the second quarter of 2007, an increase of 5 percent.

Like the rest of Texas, Fort Bend gets a healthy chunk of its revenue from the energy sector, but it also benefits from a diversity of industries - including education and hospitality -that has fueled several decades of rapid population growth.

Fort Bend County also ranked sixth on a list of the nation’s counties that experienced the most job growth in a CNN/Money Magazine poll last fall.

Fort Bend officials predict that the region’s job growth will continue. In 2009, Kansas City Southern and CenterPoint Properties’ announced an 880-acre intermodal facility and logistics park just west of Rosenberg, which is expected to create more than 750 jobs.

And, Lufkin Automation recently purchased 6.2 acres in Missouri City with plans to move their headquarters to Fort Bend County.

Source: Houston Business Journal

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