Benchmarks
(click on images to see larger version)
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Building Permit values reflect the growth of the city with single family and commercial growing slightly while industrial and multi-family remain flat. |
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City Employment continues to peak, rose by 1,060 workers vs 2010, or by 3.84% |
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Taxable Value continues to rise, showcasing the growing economic wealth of the community. Up by $1.9 million since 2003, or an increase of 90.2% |
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Continues to grow, by 68% in the last 9 years, averaging 8.5% annually |
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Median Household Income for New Braunfels has seen a 62.5% increase since 2003 |
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Population in New Braunfels gres 37% since 2003, an average of 6% a year. |
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Number of new business meters outpaced last years low. The city averages 114 new meters a year. |
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New Braunfels and Comal County reached all new high with new/announced or created jobs in 2011. 65% increase from last year. |
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New Braunfels seems to be entering into the absorption phase of the office market. While new space was added, absorption rate increased by 42% |
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Nine year per capita commercial invesmtent hit an all time high in 2011, average over the years is $1,623/yr. |
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Residential property valuations grew slightly, a little over 2% in 2011. Commercial property valuations continue to increase while industrial remains flat. |
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Increase of sales tax by $7.9 million since 2003, or 91.2% |
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New Braunfels contines to weather the storm, with the lowest rate - below the Texas and National averages. |
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Download the 2011 Benchmark Study