developer feasibility study feasibility... · 5 sector description potential sales actual sales...
TRANSCRIPT
Prepared forCity of BeltonJune 2017
DEVELOPER FEASIBILITY STUDYBelton, Texas
2
EXISTING RETAILBelton, Texas
City of Belton | 412 East Central Avenue | P.O. Box 120 | Belton, Texas 76513 | 254.933.5849 [email protected] | www.beltontexas.gov
JUDY GARRETT, CVB & TOURISM MANAGERCONTACT
3
PRIMARY RETAIL TRADE AREABelton, Texas
City of Belton | 412 East Central Avenue | P.O. Box 120 | Belton, Texas 76513 | 254.933.5849 [email protected] | www.beltontexas.gov
JUDY GARRETT, CVB & TOURISM MANAGERCONTACT
4
SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES LEAKAGE/SURPLUS LEAKAGE INDEX
Total Retail Sales Incl Eating and Drinking Places $1,820,375,848 $340,379,919 $1,479,995,929 0.187
441 Motor Vehicle and Parts Dealers $405,883,079.94 $18,839,297.00 $387,043,782.94 0.046
4411 Automotive Dealers $349,341,688.50 $4,589,112.00 $344,752,576.50 0.013
4412 Other Motor Vehicle Dealers $22,698,379.90 $2,678,288.00 $20,020,091.90 0.118
4413 Automotive Parts/Accsrs, Tire Stores $33,843,011.54 $11,571,897.00 $22,271,114.54 0.342
442 Furniture and Home Furnishings Stores $41,412,344.00 $1,860,442.00 $39,551,902.00 0.045
4421 Furniture Stores $23,801,974.68 $520,573.00 $23,281,401.68 0.022
4422 Home Furnishing Stores $17,610,369.32 $1,339,869.00 $16,270,500.32 0.076
443 Electronics and Appliance Stores $65,619,548.42 $8,316,896.00 $57,302,652.42 0.127
44311 Appliances, TVs, Electronics Stores $32,809,774.21 $6,180,003.00 $26,629,771.21 0.188
443111 Household Appliances Stores $4,227,482.40 $1,356,890.00 $2,870,592.40 0.321
443112 Electronics Stores $28,582,291.81 $780,003.00 $27,802,288.81 0.027
444 Building Material, Garden Equip Stores $179,792,701.20 $22,261,410.00 $157,531,291.20 0.124
4441 Building Material and Supply Dealers $165,045,519.54 $21,368,139.00 $143,677,380.54 0.129
44411 Home Centers $64,013,013.81 $4,851,763.00 $59,161,250.81 0.076
44412 Paint and Wallpaper Stores $4,588,093.25 $758,361.00 $3,829,732.25 0.165
44413 Hardware Stores $15,181,108.32 $1,509,168.00 $13,671,940.32 0.099
44419 Other Building Materials Dealers $81,263,304.16 $14,248,847.00 $67,014,457.16 0.175
444191 Building Materials, Lumberyards $30,319,520.09 $3,047,297.00 $27,272,223.09 0.101
4442 Lawn, Garden Equipment, Supplies Stores $14,747,181.66 $893,271.00 $13,853,910.66 0.061
44421 Outdoor Power Equipment Stores $2,179,360.78 $595,900.00 $1,583,460.78 0.273
44422 Nursery and Garden Centers $12,567,820.88 $297,371.00 $12,270,449.88 0.024
PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSISBelton, Texas
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SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES LEAKAGE/SURPLUS LEAKAGE INDEX
445 Food and Beverage Stores $229,853,323.39 $62,975,043.00 $166,878,280.39 0.274
4451 Grocery Stores $209,112,963.19 $61,165,574.00 $147,947,389.19 0.293
44511 Supermarkets, Grocery (Ex Conv) Stores $192,100,317.06 $58,181,698.00 $133,918,619.06 0.303
44512 Convenience Stores $17,012,646.13 $2,983,876.00 $14,028,770.13 0.175
4452 Specialty Food Stores $9,008,408.30 $72,324.00 $8,936,084.30 0.008
4453 Beer, Wine and Liquor Stores $11,731,951.91 $1,737,145.00 $9,994,806.91 0.148
446 Health and Personal Care Stores $112,257,271.79 $17,370,345.00 $94,886,926.79 0.155
44611 Pharmacies and Drug Stores $89,531,213.13 $16,523,175.00 $73,008,038.13 0.185
44612 Cosmetics, Beauty Supplies, Perfume Stores $11,085,894.13 $0.00 $11,085,894.13 0.000
44613 Optical Goods Stores $3,618,713.81 $711,111.00 $2,907,602.81 0.197
44619 Other Health and Personal Care Stores $8,021,450.72 $136,059.00 $7,885,391.72 0.017
447 Gasoline Stations $140,167,197.91 $27,373,098.00 $112,794,099.91 0.195
44711 Gasoline Stations With Conv Stores $76,354,965.65 $20,545,481.00 $55,809,484.65 0.269
44719 Other Gasoline Stations $63,812,232.25 $6,827,617.00 $56,984,615.25 0.107
448 Clothing and Clothing Accessories Stores $78,827,387.41 $6,410,614.00 $72,416,773.41 0.081
4481 Clothing Stores $57,803,259.01 $5,564,380.00 $52,238,879.01 0.096
44811 Men’s Clothing Stores $2,260,310.54 $0.00 $2,260,310.54 0.000
44812 Women’s Clothing Stores $12,457,317.50 $3,410,529.00 $9,046,788.50 0.274
44813 Childrens, Infants Clothing Stores $2,735,265.44 $0.00 $2,735,265.44 0.000
44814 Family Clothing Stores $32,674,275.79 $1,558,734.00 $31,115,541.79 0.048
44815 Clothing Accessories Stores $2,975,463.79 $82,268.00 $2,893,195.79 0.028
44819 Other Clothing Stores $4,700,625.95 $512,849.00 $4,187,776.95 0.109
4482 Shoe Stores $11,707,919.61 $0.00 $11,707,919.61 0.000
4483 Jewelry, Luggage, Leather Goods Stores $9,316,208.79 $846,234.00 $8,469,974.79 0.091
44831 Jewelry Stores $8,449,723.11 $846,234.00 $7,603,489.11 0.100
44832 Luggage and Leather Goods Stores $866,485.69 $0.00 $866,485.69 0.000
PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSISBelton, Texas
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PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSISBelton, Texas
SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES LEAKAGE/SURPLUS LEAKAGE INDEX
451 Sporting Goods, Hobby, Book, Music Stores $36,183,062.47 $1,927,610.00 $34,255,452.47 0.053
4511 Sportng Goods, Hobby, Musical Inst Stores $30,699,403.39 $919,133.00 $29,780,270.39 0.030
45111 Sporting Goods Stores $21,942,808.02 $0.00 $21,942,808.02 0.000
45112 Hobby, Toys and Games Stores $6,000,254.90 $844,564.00 $5,155,690.90 0.141
45113 Sew/Needlework/Piece Goods Stores $1,115,819.92 $74,569.00 $1,041,250.92 0.067
45114 Musical Instrument and Supplies Stores $1,640,520.55 $0.00 $1,640,520.55 0.000
4512 Book, Periodical and Music Stores $5,483,659.08 $1,008,477.00 $4,475,182.08 0.184
45121 Book Stores and News Dealers $5,483,659.08 $1,008,477.00 $4,475,182.08 0.184
451211 Book Stores $4,895,392.44 $1,008,477.00 $3,886,915.44 0.206
451212 News Dealers and Newsstands $588,266.64 $0.00 $588,266.64 0.000
452 General Merchandise Stores $206,514,922.47 $113,728,232.00 $92,786,690.47 0.551
4521 Department Stores Excl Leased Depts $135,429,562.66 $107,015,749.00 $28,413,813.66 0.790
4529 Other General Merchandise Stores $71,085,359.81 $6,712,483.00 $64,372,876.81 0.094
453 Miscellaneous Store Retailers $46,055,868.09 $5,929,314.00 $40,126,554.09 0.129
4531 Florists $2,155,641.64 $396,088.00 $1,759,553.64 0.184
4532 Office Supplies, Stationery, Gift Stores $15,890,222.50 $378,275.00 $15,511,947.50 0.024
45321 Office Supplies and Stationery Stores $9,015,764.68 $189,125.00 $8,826,639.68 0.021
45322 Gift, Novelty and Souvenir Stores $6,874,457.82 $189,150.00 $6,685,307.82 0.028
4533 Used Merchandise Stores $7,116,869.47 $622,810.00 $6,494,059.47 0.088
4539 Other Miscellaneous Store Retailers $20,893,134.47 $4,532,141.00 $16,360,993.47 0.217
454 Non-Store Retailers $81,147,379.59 $4,781,035.00 $76,366,344.59 0.059
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PRIMARY RETAIL TRADE AREA • GAP/OPPORTUNITY ANALYSISBelton, Texas
SECTOR DESCRIPTION POTENTIAL SALES ACTUAL SALES LEAKAGE/SURPLUS LEAKAGE INDEX
722 Foodservice and Drinking Places $196,661,761.63 $48,606,583.00 $148,055,178.63 0.247
7223 Special Foodservices $11,832,048.43 $961,473.00 $10,870,575.43 0.081
7224 Drinking Places -Alcoholic Beverages $6,530,215.15 $578,245.00 $5,951,970.15 0.089
722511 Full Service Restaurants $87,394,259.59 $13,345,025.00 $74,049,234.59 0.153
722513 Limited Service Eating Places $80,803,205.62 $32,464,283.00 $48,338,922.62 0.402
722514 Cafeterias, Grill Buffets, and Buffets $3,313,094.13 $0.00 $3,313,094.13 0.000
722515 Snack and Non-alcoholic Beverage Bars $6,788,938.71 $1,257,557.00 $5,531,381.71 0.185
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DESCRIPTION DATA %
Population
2022 Projection 99,214
2017 Estimate 91,901
2010 Census 82,533
2000 Census 61,299
Growth 2017 - 2022 7.96%
Growth 2010 - 2017 11.35%
Growth 2000 - 2010 34.64%
2017 Est. Population by Single-Classification Race 91,901
White Alone 69,607 75.74%
Black or African American Alone 8,622 9.38%
Amer. Indian and Alaska Native Alone 672 0.73%
Asian Alone 2,354 2.56%
Native Hawaiian and Other Pac. Isl. Alone 171 0.19%
Some Other Race Alone 7,153 7.78%
Two or More Races 3,322 3.61%
2017 Est. Population by Hispanic or Latino Origin 91,901
Not Hispanic or Latino 71,823 78.15%
Hispanic or Latino 20,078 21.85%
Mexican 16,660 82.98%
Puerto Rican 1,166 5.81%
Cuban 109 0.54%
All Other Hispanic or Latino 2,142 10.67%
DESCRIPTION DATA %
2017 Est. Hisp. or Latino Pop by Single-Class. Race 20,078
White Alone 10,837 53.97%
Black or African American Alone 387 1.93%
American Indian and Alaska Native Alone 293 1.46%
Asian Alone 82 0.41%
Native Hawaiian and Other Pacific Islander Alone 42 0.21%
Some Other Race Alone 7,095 35.34%
Two or More Races 1,342 6.68%
2017 Est. Pop by Race, Asian Alone, by Category 2,354
Chinese, except Taiwanese 98 4.15%
Filipino 209 8.86%
Japanese 134 5.71%
Asian Indian 718 30.51%
Korean 476 20.21%
Vietnamese 269 11.42%
Cambodian 0 0.00%
Hmong 7 0.31%
Laotian 5 0.21%
Thai 24 1.04%
All Other Asian Races Including 2+ Category 414 17.58%
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
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DESCRIPTION DATA %
2017 Est. Population by Ancestry 91,901
Arab 125 0.14%
Czech 1,544 1.68%
Danish 199 0.22%
Dutch 716 0.78%
English 8,620 9.38%
French (except Basque) 1,542 1.68%
French Canadian 67 0.07%
German 10,819 11.77%
Greek 92 0.10%
Hungarian 114 0.12%
Irish 6,415 6.98%
Italian 1,654 1.80%
Lithuanian 2 0.00%
United States or American 7,942 8.64%
Norwegian 513 0.56%
Polish 761 0.83%
Portuguese 24 0.03%
Russian 79 0.09%
Scottish 1,503 1.64%
Scotch-Irish 1,348 1.47%
Slovak 73 0.08%
Subsaharan African 761 0.83%
Swedish 515 0.56%
Swiss 51 0.06%
Ukrainian 49 0.05%
Welsh 270 0.29%
West Indian (except Hisp. groups) 118 0.13%
Other ancestries 33,251 36.18%
Ancestry Unclassified 12,733 13.85%
DESCRIPTION DATA %
2017 Est. Pop Age 5+ by Language Spoken At Home 85,405
Speak Only English at Home 71,910 84.20%
Speak Asian/Pac. Isl. Lang. at Home 1,832 2.15%
Speak IndoEuropean Language at Home 1,098 1.29%
Speak Spanish at Home 10,238 11.99%
Speak Other Language at Home 327 0.38%
2017 Est. Population by Age 91,901
Age 0 - 4 6,496 7.07%
Age 5 - 9 6,270 6.82%
Age 10 - 14 6,380 6.94%
Age 15 - 17 3,642 3.96%
Age 18 - 20 4,124 4.49%
Age 21 - 24 5,250 5.71%
Age 25 - 34 12,335 13.42%
Age 35 - 44 11,156 12.14%
Age 45 - 54 10,963 11.93%
Age 55 - 64 10,980 11.95%
Age 65 - 74 8,229 8.95%
Age 75 - 84 4,265 4.64%
Age 85 and over 1,810 1.97%
Age 16 and over 71,560 77.87%
Age 18 and over 69,113 75.20%
Age 21 and over 64,988 70.72%
Age 65 and over 14,304 15.56%
2017 Est. Median Age 36.3
2017 Est. Average Age 38.1
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
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DESCRIPTION DATA %
2017 Est. Population by Sex 91,901
Male 45,128 49.11%
Female 46,773 50.89%
2017 Est. Male Population by Age 45,128
Age 0 - 4 3,287 7.28%
Age 5 - 9 3,185 7.06%
Age 10 - 14 3,234 7.17%
Age 15 - 17 1,907 4.23%
Age 18 - 20 2,154 4.77%
Age 21 - 24 2,813 6.23%
Age 25 - 34 6,141 13.61%
Age 35 - 44 5,435 12.04%
Age 45 - 54 5,356 11.87%
Age 55 - 64 5,203 11.53%
Age 65 - 74 3,851 8.53%
Age 75 - 84 1,915 4.24%
Age 85 and over 647 1.43%
2017 Est. Median Age, Male 34.7
2017 Est. Average Age, Male 37.0
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Female Population by Age 46,773
Age 0 - 4 3,209 6.86%
Age 5 - 9 3,086 6.60%
Age 10 - 14 3,146 6.73%
Age 15 - 17 1,735 3.71%
Age 18 - 20 1,970 4.21%
Age 21 - 24 2,438 5.21%
Age 25 - 34 6,194 13.24%
Age 35 - 44 5,721 12.23%
Age 45 - 54 5,608 11.99%
Age 55 - 64 5,776 12.35%
Age 65 - 74 4,378 9.36%
Age 75 - 84 2,350 5.02%
Age 85 and over 1,162 2.49%
2017 Est. Median Age, Female 37.8
2017 Est. Average Age, Female 39.1
2017 Est. Pop Age 15+ by Marital Status 72,754
Total, Never Married 19,918 27.38%
Males, Never Married 11,378 15.64%
Females, Never Married 8,540 11.74%
Married, Spouse present 36,799 50.58%
Married, Spouse absent 3,825 5.26%
Widowed 4,248 5.84%
Males Widowed 1,120 1.54%
Females Widowed 3,128 4.30%
Divorced 7,964 10.95%
Males Divorced 2,831 3.89%
Females Divorced 5,132 7.05%
11
DESCRIPTION DATA %
2017 Est. Pop Age 25+ by Edu. Attainment 59,738
Less than 9th grade 2,479 4.15%
Some High School, no diploma 3,845 6.44%
High School Graduate (or GED) 15,853 26.54%
Some College, no degree 14,106 23.61%
Associate Degree 4,969 8.32%
Bachelor’s Degree 11,276 18.88%
Master’s Degree 4,433 7.42%
Professional School Degree 1,647 2.76%
Doctorate Degree 1,130 1.89%
2017 Est. Pop Age 25+ by Edu. Attain., Hisp./Lat. 10,269
No High School Diploma 3,139 30.57%
High School Graduate 3,303 32.16%
Some College or Associate’s Degree 2,421 23.58%
Bachelor’s Degree or Higher 1,407 13.70%
Households
2022 Projection 38,055
2017 Estimate 34,987
2010 Census 30,888
2000 Census 22,569
Growth 2017 - 2022 8.77%
Growth 2010 - 2017 13.27%
Growth 2000 - 2010 36.86%
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Households by Household Type 34,987
Family Households 25,224 72.10%
Nonfamily Households 9,763 27.90%
2017 Est. Group Quarters Population 2,340
2017 HHs by Ethnicity, Hispanic/Latino 5,701
2017 Est. Households by HH Income 34,987
Income < $15,000 3,533 10.10%
Income $15,000 - $24,999 2,853 8.15%
Income $25,000 - $34,999 3,058 8.74%
Income $35,000 - $49,999 4,541 12.98%
Income $50,000 - $74,999 6,749 19.29%
Income $75,000 - $99,999 4,401 12.58%
Income $100,000 - $124,999 3,347 9.57%
Income $125,000 - $149,999 2,157 6.17%
Income $150,000 - $199,999 2,126 6.08%
Income $200,000 - $249,999 870 2.49%
Income $250,000 - $499,999 1,038 2.97%
Income $500,000+ 315 0.90%
2017 Est. Average Household Income $84,251
2017 Est. Median Household Income $62,997
12
DESCRIPTION DATA %
2017 Median HH Inc. by Single-Class. Race or Eth.
White Alone $66,458
Black or African American Alone $47,147
American Indian and Alaska Native Alone $42,655
Asian Alone $69,940
Native Hawaiian and Other Pacific Islander Alone $38,591
Some Other Race Alone $48,594
Two or More Races $55,953
Hispanic or Latino $49,044
Not Hispanic or Latino $66,639
2017 Est. Family HH Type by Presence of Own Child. 25,224
Married-Couple Family, own children 8,149 32.31%
Married-Couple Family, no own children 11,607 46.01%
Male Householder, own children 770 3.05%
Male Householder, no own children 612 2.43%
Female Householder, own children 2,610 10.35%
Female Householder, no own children 1,476 5.85%
2017 Est. Households by Household Size 34,987
1-person 8,584 24.54%
2-person 12,224 34.94%
3-person 5,857 16.74%
4-person 4,720 13.49%
5-person 2,270 6.49%
6-person 876 2.50%
7-or-more-person 457 1.31%
2017 Est. Average Household Size 2.56
DESCRIPTION DATA %
2017 Est. Households by Presence of People Under 18 34,987
Households with 1 or More People under Age 18: 12,833 36.68%
Married-Couple Family 8,842 68.90%
Other Family, Male Householder 907 7.06%
Other Family, Female Householder 2,987 23.28%
Nonfamily, Male Householder 65 0.51%
Nonfamily, Female Householder 32 0.25%
Households with No People under Age 18: 22,154 63.32%
Married-Couple Family 10,912 49.26%
Other Family, Male Householder 473 2.14%
Other Family, Female Householder 1,100 4.96%
Nonfamily, Male Householder 4,265 19.25%
Nonfamily, Female Householder 5,404 24.39%
2017 Est. Households by Number of Vehicles 34,987
No Vehicles 1,562 4.46%
1 Vehicle 10,700 30.58%
2 Vehicles 15,586 44.55%
3 Vehicles 5,082 14.53%
4 Vehicles 1,684 4.81%
5 or more Vehicles 373 1.07%
2017 Est. Average Number of Vehicles 1.9
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
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DESCRIPTION DATA %
Family Households
2022 Projection 27,480
2017 Estimate 25,224
2010 Census 22,190
2000 Census 16,637
Growth 2017 - 2022 8.94%
Growth 2010 - 2017 13.67%
Growth 2000 - 2010 33.38%
2017 Est. Families by Poverty Status 25,224
2017 Families at or Above Poverty 22,969 91.06%
2017 Families at or Above Poverty with Children 10,444 41.41%
2017 Families Below Poverty 2,256 8.94%
2017 Families Below Poverty with Children 1,890 7.49%
2017 Est. Pop Age 16+ by Employment Status 71,560
In Armed Forces 1,064 1.49%
Civilian - Employed 41,302 57.72%
Civilian - Unemployed 3,097 4.33%
Not in Labor Force 26,097 36.47%
2017 Est. Civ. Employed Pop 16+ by Class of Worker 40,955
For-Profit Private Workers 24,606 60.08%
Non-Profit Private Workers 4,954 12.10%
Local Government Workers 3,516 8.58%
State Government Workers 1,733 4.23%
Federal Government Workers 2,457 6.00%
Self-Employed Workers 3,629 8.86%
Unpaid Family Workers 61 0.15%
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Civ. Employed Pop 16+ by Occupation 40,955
Architect/Engineer 577 1.41%
Arts/Entertainment/Sports 408 1.00%
Building Grounds Maintenance 1,277 3.12%
Business/Financial Operations 1,318 3.22%
Community/Social Services 701 1.71%
Computer/Mathematical 876 2.14%
Construction/Extraction 2,119 5.17%
Education/Training/Library 3,042 7.43%
Farming/Fishing/Forestry 183 0.45%
Food Prep/Serving 2,082 5.08%
Health Practitioner/Technician 4,042 9.87%
Healthcare Support 1,036 2.53%
Maintenance Repair 1,542 3.76%
Legal 218 0.53%
Life/Physical/Social Science 438 1.07%
Management 4,200 10.25%
Office/Admin. Support 5,942 14.51%
Production 1,718 4.20%
Protective Services 997 2.43%
Sales/Related 4,454 10.88%
Personal Care/Service 1,444 3.53%
Transportation/Moving 2,343 5.72%
2017 Est. Pop 16+ by Occupation Classification 40,955
Blue Collar 7,722 18.86%
White Collar 26,214 64.01%
Service and Farm 7,019 17.14%
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DESCRIPTION DATA %
2017 Est. Workers Age 16+ by Transp. to Work 41,472
Drove Alone 33,890 81.72%
Car Pooled 4,687 11.30%
Public Transportation 81 0.19%
Walked 540 1.30%
Bicycle 16 0.04%
Other Means 300 0.72%
Worked at Home 1,959 4.72%
2017 Est. Workers Age 16+ by Travel Time to Work
Less than 15 Minutes 14,546
15 - 29 Minutes 15,956
30 - 44 Minutes 5,799
45 - 59 Minutes 1,576
60 or more Minutes 1,909
2017 Est. Avg Travel Time to Work in Minutes 23.00
2017 Est. Occupied Housing Units by Tenure 34,987
Owner Occupied 24,675 70.52%
Renter Occupied 10,313 29.48%
2017 Owner Occ. HUs: Avg. Length of Residence 13.3
2017 Renter Occ. HUs: Avg. Length of Residence 6.0
PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Owner-Occupied Housing Units by Value 24,675
Value Less than $20,000 782 3.17%
Value $20,000 - $39,999 573 2.32%
Value $40,000 - $59,999 783 3.17%
Value $60,000 - $79,999 1,174 4.76%
Value $80,000 - $99,999 1,922 7.79%
Value $100,000 - $149,999 6,105 24.74%
Value $150,000 - $199,999 4,157 16.85%
Value $200,000 - $299,999 4,864 19.71%
Value $300,000 - $399,999 2,123 8.60%
Value $400,000 - $499,999 905 3.67%
Value $500,000 - $749,999 864 3.50%
Value $750,000 - $999,999 174 0.71%
Value $1,000,000 or more 248 1.00%
2017 Est. Median All Owner-Occupied Housing Value $162,004
2017 Est. Housing Units by Units in Structure 37,426
1 Unit Attached 626 1.67%
1 Unit Detached 26,555 70.95%
2 Units 960 2.56%
3 or 4 Units 951 2.54%
5 to 19 Units 2,676 7.15%
20 to 49 Units 648 1.73%
50 or More Units 1,014 2.71%
Mobile Home or Trailer 3,998 10.68%
Boat, RV, Van, etc. 0 0.00%
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PRIMARY RETAIL TRADE AREA • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Housing Units by Year Structure Built 37,426
Housing Units Built 2010 or later 5,545 14.82%
Housing Units Built 2000 to 2009 9,783 26.14%
Housing Units Built 1990 to 1999 6,000 16.03%
Housing Units Built 1980 to 1989 5,267 14.07%
Housing Units Built 1970 to 1979 5,578 14.90%
Housing Units Built 1960 to 1969 2,453 6.55%
Housing Units Built 1950 to 1959 1,428 3.82%
Housing Units Built 1940 to 1949 782 2.09%
Housing Unit Built 1939 or Earlier 590 1.58%
2017 Est. Median Year Structure Built 1994
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LOCATIONBelton, Texas
City of Belton | 412 East Central Avenue | P.O. Box 120 | Belton, Texas 76513 | 254.933.5849 [email protected] | www.beltontexas.gov
JUDY GARRETT, CVB & TOURISM MANAGERCONTACT
17
DESCRIPTION DATA %
Population
2022 Projection 20,524
2017 Estimate 19,605
2010 Census 18,216
2000 Census 16,195
Growth 2017 - 2022 4.69%
Growth 2010 - 2017 7.63%
Growth 2000 - 2010 12.48%
2017 Est. Population by Single-Classification Race 19,605
White Alone 14,412 73.51%
Black or African American Alone 1,560 7.96%
Amer. Indian and Alaska Native Alone 187 0.95%
Asian Alone 381 1.94%
Native Hawaiian and Other Pac. Isl. Alone 37 0.19%
Some Other Race Alone 2,380 12.14%
Two or More Races 648 3.31%
2017 Est. Population by Hispanic or Latino Origin 19,605
Not Hispanic or Latino 13,397 68.33%
Hispanic or Latino 6,208 31.67%
Mexican 5,417 87.26%
Puerto Rican 196 3.16%
Cuban 32 0.52%
All Other Hispanic or Latino 563 9.07%
DESCRIPTION DATA %
2017 Est. Hisp. or Latino Pop by Single-Class. Race 6,208
White Alone 3,379 54.43%
Black or African American Alone 95 1.53%
American Indian and Alaska Native Alone 95 1.53%
Asian Alone 16 0.26%
Native Hawaiian and Other Pacific Islander Alone 9 0.14%
Some Other Race Alone 2,364 38.08%
Two or More Races 250 4.03%
2017 Est. Pop by Race, Asian Alone, by Category 381
Chinese, except Taiwanese 37 9.71%
Filipino 4 1.05%
Japanese 6 1.57%
Asian Indian 109 28.61%
Korean 75 19.69%
Vietnamese 103 27.03%
Cambodian 0 0.00%
Hmong 2 0.52%
Laotian 1 0.26%
Thai 5 1.31%
All Other Asian Races Including 2+ Category 39 10.24%
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
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DESCRIPTION DATA %
2017 Est. Population by Ancestry 19,605
Arab 45 0.23%
Czech 189 0.96%
Danish 35 0.18%
Dutch 32 0.16%
English 1,892 9.65%
French (except Basque) 299 1.53%
French Canadian 5 0.03%
German 2,087 10.65%
Greek 46 0.23%
Hungarian 31 0.16%
Irish 1,638 8.36%
Italian 226 1.15%
Lithuanian 1 0.01%
United States or American 1,310 6.68%
Norwegian 127 0.65%
Polish 158 0.81%
Portuguese 5 0.03%
Russian 18 0.09%
Scottish 278 1.42%
Scotch-Irish 233 1.19%
Slovak 7 0.04%
Subsaharan African 142 0.72%
Swedish 66 0.34%
Swiss 1 0.01%
Ukrainian 0 0.00%
Welsh 36 0.18%
West Indian (except Hisp. groups) 25 0.13%
Other ancestries 8,272 42.19%
Ancestry Unclassified 2,401 12.25%
DESCRIPTION DATA %
2017 Est. Pop Age 5+ by Language Spoken At Home 18,205
Speak Only English at Home 14,188 77.93%
Speak Asian/Pac. Isl. Lang. at Home 290 1.59%
Speak IndoEuropean Language at Home 77 0.42%
Speak Spanish at Home 3,588 19.71%
Speak Other Language at Home 62 0.34%
2017 Est. Population by Age 19,605
Age 0 - 4 1,400 7.14%
Age 5 - 9 1,345 6.86%
Age 10 - 14 1,333 6.80%
Age 15 - 17 826 4.21%
Age 18 - 20 1,455 7.42%
Age 21 - 24 1,488 7.59%
Age 25 - 34 2,902 14.80%
Age 35 - 44 2,180 11.12%
Age 45 - 54 2,012 10.26%
Age 55 - 64 2,045 10.43%
Age 65 - 74 1,455 7.42%
Age 75 - 84 821 4.19%
Age 85 and over 343 1.75%
Age 16 and over 15,259 77.83%
Age 18 and over 14,701 74.99%
Age 21 and over 13,246 67.56%
Age 65 and over 2,619 13.36%
2017 Est. Median Age 31.7
2017 Est. Average Age 35.7
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
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DESCRIPTION DATA %
2017 Est. Population by Sex 19,605
Male 9,704 49.50%
Female 9,901 50.50%
2017 Est. Male Population by Age 9,704
Age 0 - 4 704 7.25%
Age 5 - 9 689 7.10%
Age 10 - 14 683 7.04%
Age 15 - 17 432 4.45%
Age 18 - 20 729 7.51%
Age 21 - 24 780 8.04%
Age 25 - 34 1,527 15.74%
Age 35 - 44 1,090 11.23%
Age 45 - 54 993 10.23%
Age 55 - 64 972 10.02%
Age 65 - 74 658 6.78%
Age 75 - 84 339 3.49%
Age 85 and over 108 1.11%
2017 Est. Median Age, Male 30.5
2017 Est. Average Age, Male 34.4
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Female Population by Age 9,901
Age 0 - 4 696 7.03%
Age 5 - 9 656 6.63%
Age 10 - 14 650 6.56%
Age 15 - 17 394 3.98%
Age 18 - 20 726 7.33%
Age 21 - 24 708 7.15%
Age 25 - 34 1,375 13.89%
Age 35 - 44 1,090 11.01%
Age 45 - 54 1,019 10.29%
Age 55 - 64 1,073 10.84%
Age 65 - 74 797 8.05%
Age 75 - 84 482 4.87%
Age 85 and over 235 2.37%
2017 Est. Median Age, Female 33.1
2017 Est. Average Age, Female 37.0
2017 Est. Pop Age 15+ by Marital Status 15,527
Total, Never Married 5,837 37.59%
Males, Never Married 3,265 21.03%
Females, Never Married 2,572 16.56%
Married, Spouse present 6,434 41.44%
Married, Spouse absent 847 5.46%
Widowed 744 4.79%
Males Widowed 177 1.14%
Females Widowed 567 3.65%
Divorced 1,665 10.72%
Males Divorced 559 3.60%
Females Divorced 1,106 7.12%
20
DESCRIPTION DATA %
2017 Est. Pop Age 25+ by Edu. Attainment 11,758
Less than 9th grade 946 8.05%
Some High School, no diploma 929 7.90%
High School Graduate (or GED) 3,243 27.58%
Some College, no degree 2,658 22.61%
Associate Degree 774 6.58%
Bachelor’s Degree 2,109 17.94%
Master’s Degree 736 6.26%
Professional School Degree 203 1.73%
Doctorate Degree 160 1.36%
2017 Est. Pop Age 25+ by Edu. Attain., Hisp./Lat. 3,163
No High School Diploma 1,302 41.16%
High School Graduate 997 31.52%
Some College or Associate’s Degree 529 16.72%
Bachelor’s Degree or Higher 335 10.59%
Households
2022 Projection 7,378
2017 Estimate 6,952
2010 Census 6,276
2000 Census 5,347
Growth 2017 - 2022 6.13%
Growth 2010 - 2017 10.77%
Growth 2000 - 2010 17.37%
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Households by Household Type 6,952
Family Households 4,746 68.27%
Nonfamily Households 2,206 31.73%
2017 Est. Group Quarters Population 1,620
2017 HHs by Ethnicity, Hispanic/Latino 1,711
2017 Est. Households by HH Income 6,952
Income < $15,000 965 13.88%
Income $15,000 - $24,999 612 8.80%
Income $25,000 - $34,999 765 11.00%
Income $35,000 - $49,999 954 13.72%
Income $50,000 - $74,999 1,198 17.23%
Income $75,000 - $99,999 783 11.26%
Income $100,000 - $124,999 688 9.90%
Income $125,000 - $149,999 422 6.07%
Income $150,000 - $199,999 294 4.23%
Income $200,000 - $249,999 109 1.57%
Income $250,000 - $499,999 129 1.86%
Income $500,000+ 33 0.47%
2017 Est. Average Household Income $71,949
2017 Est. Median Household Income $53,756
21
DESCRIPTION DATA %
2017 Median HH Inc. by Single-Class. Race or Eth.
White Alone $57,380
Black or African American Alone $33,385
American Indian and Alaska Native Alone $34,231
Asian Alone $72,596
Native Hawaiian and Other Pacific Islander Alone $37,500
Some Other Race Alone $50,000
Two or More Races $63,603
Hispanic or Latino $42,558
Not Hispanic or Latino $58,293
2017 Est. Family HH Type by Presence of Own Child. 4,746
Married-Couple Family, own children 1,403 29.56%
Married-Couple Family, no own children 1,929 40.64%
Male Householder, own children 168 3.54%
Male Householder, no own children 157 3.31%
Female Householder, own children 705 14.85%
Female Householder, no own children 384 8.09%
2017 Est. Households by Household Size 6,952
1-person 1,852 26.64%
2-person 2,288 32.91%
3-person 1,086 15.62%
4-person 895 12.87%
5-person 488 7.02%
6-person 208 2.99%
7-or-more-person 135 1.94%
2017 Est. Average Household Size 2.59
DESCRIPTION DATA %
2017 Est. Households by Presence of People Under 18 6,952
Households with 1 or More People under Age 18: 2,583 37.15%
Married-Couple Family 1,550 60.01%
Other Family, Male Householder 203 7.86%
Other Family, Female Householder 813 31.48%
Nonfamily, Male Householder 12 0.46%
Nonfamily, Female Householder 5 0.19%
Households with No People under Age 18: 4,369 62.85%
Married-Couple Family 1,780 40.74%
Other Family, Male Householder 121 2.77%
Other Family, Female Householder 276 6.32%
Nonfamily, Male Householder 954 21.84%
Nonfamily, Female Householder 1,238 28.34%
2017 Est. Households by Number of Vehicles 6,952
No Vehicles 424 6.10%
1 Vehicle 2,521 36.26%
2 Vehicles 2,542 36.57%
3 Vehicles 910 13.09%
4 Vehicles 507 7.29%
5 or more Vehicles 48 0.69%
2017 Est. Average Number of Vehicles 1.8
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
22
DESCRIPTION DATA %
Family Households
2022 Projection 5,034
2017 Estimate 4,746
2010 Census 4,288
2000 Census 3,809
Growth 2017 - 2022 6.07%
Growth 2010 - 2017 10.68%
Growth 2000 - 2010 12.58%
2017 Est. Families by Poverty Status 4,746
2017 Families at or Above Poverty 4,026 84.83%
2017 Families at or Above Poverty with Children 1,848 38.94%
2017 Families Below Poverty 720 15.17%
2017 Families Below Poverty with Children 609 12.83%
2017 Est. Pop Age 16+ by Employment Status 15,259
In Armed Forces 237 1.55%
Civilian - Employed 8,350 54.72%
Civilian - Unemployed 592 3.88%
Not in Labor Force 6,080 39.85%
2017 Est. Civ. Employed Pop 16+ by Class of Worker 8,268
For-Profit Private Workers 5,153 62.32%
Non-Profit Private Workers 885 10.70%
Local Government Workers 808 9.77%
State Government Workers 385 4.66%
Federal Government Workers 348 4.21%
Self-Employed Workers 676 8.18%
Unpaid Family Workers 13 0.16%
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Civ. Employed Pop 16+ by Occupation 8,268
Architect/Engineer 75 0.91%
Arts/Entertainment/Sports 94 1.14%
Building Grounds Maintenance 361 4.37%
Business/Financial Operations 240 2.90%
Community/Social Services 143 1.73%
Computer/Mathematical 134 1.62%
Construction/Extraction 591 7.15%
Education/Training/Library 582 7.04%
Farming/Fishing/Forestry 13 0.16%
Food Prep/Serving 627 7.58%
Health Practitioner/Technician 534 6.46%
Healthcare Support 181 2.19%
Maintenance Repair 174 2.10%
Legal 61 0.74%
Life/Physical/Social Science 86 1.04%
Management 721 8.72%
Office/Admin. Support 1,218 14.73%
Production 279 3.37%
Protective Services 250 3.02%
Sales/Related 1,042 12.60%
Personal Care/Service 333 4.03%
Transportation/Moving 529 6.40%
2017 Est. Pop 16+ by Occupation Classification 8,268
Blue Collar 1,573 19.03%
White Collar 4,930 59.63%
Service and Farm 1,765 21.35%
23
DESCRIPTION DATA %
2017 Est. Workers Age 16+ by Transp. to Work 8,384
Drove Alone 6,699 79.90%
Car Pooled 1,073 12.80%
Public Transportation 11 0.13%
Walked 232 2.77%
Bicycle 12 0.14%
Other Means 46 0.55%
Worked at Home 311 3.71%
2017 Est. Workers Age 16+ by Travel Time to Work
Less than 15 Minutes 3,089
15 - 29 Minutes 3,172
30 - 44 Minutes 1,178
45 - 59 Minutes 353
60 or more Minutes 322
2017 Est. Avg Travel Time to Work in Minutes 22.00
2017 Est. Occupied Housing Units by Tenure 6,952
Owner Occupied 4,077 58.64%
Renter Occupied 2,875 41.36%
2017 Owner Occ. HUs: Avg. Length of Residence 14.6
2017 Renter Occ. HUs: Avg. Length of Residence 6.4
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Owner-Occupied Housing Units by Value 4,077
Value Less than $20,000 181 4.44%
Value $20,000 - $39,999 173 4.24%
Value $40,000 - $59,999 179 4.39%
Value $60,000 - $79,999 312 7.65%
Value $80,000 - $99,999 479 11.75%
Value $100,000 - $149,999 772 18.94%
Value $150,000 - $199,999 554 13.59%
Value $200,000 - $299,999 743 18.22%
Value $300,000 - $399,999 367 9.00%
Value $400,000 - $499,999 140 3.43%
Value $500,000 - $749,999 119 2.92%
Value $750,000 - $999,999 24 0.59%
Value $1,000,000 or more 34 0.83%
2017 Est. Median All Owner-Occupied Housing Value $146,276
2017 Est. Housing Units by Units in Structure 7,432
1 Unit Attached 145 1.95%
1 Unit Detached 4,587 61.72%
2 Units 420 5.65%
3 or 4 Units 212 2.85%
5 to 19 Units 807 10.86%
20 to 49 Units 304 4.09%
50 or More Units 229 3.08%
Mobile Home or Trailer 728 9.80%
Boat, RV, Van, etc. 0 0.00%
24
COMMUNITY • DEMOGRAPHIC PROFILEBelton, Texas
DESCRIPTION DATA %
2017 Est. Housing Units by Year Structure Built 7,432
Housing Units Built 2010 or later 721 9.70%
Housing Units Built 2000 to 2009 1,711 23.02%
Housing Units Built 1990 to 1999 1,233 16.59%
Housing Units Built 1980 to 1989 832 11.19%
Housing Units Built 1970 to 1979 1,172 15.77%
Housing Units Built 1960 to 1969 554 7.45%
Housing Units Built 1950 to 1959 623 8.38%
Housing Units Built 1940 to 1949 400 5.38%
Housing Unit Built 1939 or Earlier 186 2.50%
2017 Est. Median Year Structure Built 1989
25
Providing more than simple data reports of psychographic and demographic trends, The Retail Coach goes well beyond other retail consulting and market research firms’ offerings by combining current national and statewide demographics and trend data with real-world, “on-the-ground” data gathered through extensive visits within our clients’ communities.
Every community is different, and there is no “one size fits all” retail recruitment solution. Compiling the gathered data into client-tailored information packets that are uniquely designed for, and targeted to, specific retailers and restaurants who meet the community’s needs helps assure our clients that they are receiving the latest and best information for their retail recruitment efforts—all with personal service and coaching guidance that continues beyond the initial project scope and timeline.
Our Retail360® process assures that communities get timely, accurate and relevant information. Translating that data into the information that retailers need and seek assures our clients even better possibilities for tremendous retail growth and success.
C. Kelly Cofer President & CEO The Retail Coach, LLC
The Retail Coach, LLC, is a national retail analytics and locational intelligence firm that specializes in all aspects of retail market analyses and recruitment, from “macro to micro” trade area assessment to actively recruiting retailers on behalf of our clients.
Through its unique Retail360® process, The Retail Coach offers a dynamic system of products and services that better enable communities to maximize their retail development potential.
ABOUT THE RETAIL COACH
The Retail Coach –
“ It’s not about data. It’s about your success.”
P.O. Box 7272 | Tupelo, MS 38802 | 800.851.0962 | [email protected] | www.theretailcoach.net
®
26
ACKNOWLEDGEMENTS
The observations, conclusions and recommendations contained in this study are solely those of The Retail Coach, LLC and should not be construed to represent the opinions of others, including its clients, or any other entity prior to such entity’s express approval of this study.
All information furnished is from sources deemed reliable and is submitted subject to errors, omissions, change of terms and/or conditions.
Sources used in completing this study include: infoUSA™, Applied Geographic Solutions, Nielsen 2016/2017, ESRI 2016, U.S. Census Bureau, Economy.com, Spatial Insights Inc., Urban Land Institute, CensusViewer.com, International Council of Shopping Centers, and/or U.S. Bureau of Labor and Statistics.
To better represent current data, where applicable, portions of estimated actual sales may be calculated using an average sales per square foot model.
Mapping data is provided by MapInfo, Nielsen, ESRI and/or Microsoft Corporation.
All information furnished is from sources deemed reliable and is submitted subject to errors, omissions, change of terms and/or conditions.
P.O. Box 7272 | Tupelo, MS 38802 | 800.851.0962 | [email protected] | www.theretailcoach.net