Katy is a growing, bustling community that is attracting new residents thanks to a wonderful suburban small town feeling combined with the perks of living in a popular urban area. The convenience of Whole Foods, HEB, World Market, Trader Joes, Starbucks, Sephora combined with great dining choices such as Perry’s Steakhouse, farm-to-table restaurant the Dish Society, Black Walnut and the numerous sushi restaurants and food trucks in the area.
Housing: In 2015, there were almost 2,500 active listings in Katy for sale with an average price of $352,141 and a median square footage of almost 3,000 square feet.
Neighborhoods fluctuate in age, size and amenities From Cinco Ranch, Kelliwood, Green Trails, Nottingham, Grand Lakes, Lakes of Buckingham, Lakeforest, Seven Meadows, Westheimer Lakes and Avalon to newer communities such as Tamaron, Ventana Lakes, The Towns at Seville, Cane Island, Ashfield Gardens, Silver Ranch, The Reserve at Katy, Falls at Greenmeadows and Woodcreek Reserve.
Education: The Katy Independent School District is one of the most acclaimed and desirable school districts in the state of Texas educating over 73,000 students, and adding an additional 2,000 to 3,000 students per year. Katy ISD is a “Recognized District” which scores above the state and national average for the American College Test (ACT) and Scholastic Aptitude Tests (SAT) and most area High Schools pride themselves with graduation rates from 95% to 98%. Almost 43% of Katy’s population has a bachelor degree or a graduate degree (which is over 81,000 people) which exceeds the national average.
Population: Katy, Texas has a population larger than the population of Pittsburg. With a mere 81,000 residents in 1990, Katy now boasts a population of over 310,000 people with a median age of 34 years old. This incredible population growth was boosted by 83% between 2000 and 2010 and currently grows 5% to 6%. Projections estimate that there will be over 356,000 residents in the Katy area by 2020 and 550,000 residents in the Katy area by 2035.
Employment: Employment in the area continues to grow at a steady pace with over 151,000 people employed in 2015 projected to grow to about 185,000 employed in 2020, a 22% increase. Over 40,000 people are employed by the energy sector. Average household incomes of over $119,000 in 2015 are projected to grow to $138,000 by 2020. Katy has one of the lowest unemployment rates in the country at 4.4%. Katy is home to over 11,000 companies with 200 corporations actually being headquartered here, including ConocoPhillips, BP North America, Schlumberger, GEICO, Academy Sports, Skybox Datacenter and The Wood Group.
Statistics provided by Katy Area Economic Development Council.