Demographic Update - Fulshear, Texas Dev/Demographic Reports/2018/FINAL F… · 1-bedroom...

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City of Fulshear Demographic Update Spring 2018

Transcript of Demographic Update - Fulshear, Texas Dev/Demographic Reports/2018/FINAL F… · 1-bedroom...

  • City of FulshearDemographic Update

    Spring 2018

  • Monthly Employment ChangeHouston Metro, Seasonally Adjusted

    Population and Survey Analysts2Spring 2018 City of Fulshear Demographic Update

    -15,000

    -10,000

    -5,000

    0

    5,000

    10,000

    15,000

    20,000M

    ay-1

    2

    Aug-

    12

    Nov

    -12

    Feb-

    13

    May

    -13

    Aug-

    13

    Nov

    -13

    Feb-

    14

    May

    -14

    Aug-

    14

    Nov

    -14

    Feb-

    15

    May

    -15

    Aug-

    15

    Nov

    -15

    Feb-

    16

    May

    -16

    Aug-

    16

    Nov

    -16

    Feb-

    17

    May

    -17

    Aug-

    17

    Nov

    -17

    Feb-

    18

    May

    -18

    JOBS

    MONTH

    Employment Change (Non-Farm)

    Source: Texas Workforce Commission

  • Annual Population ChangeHouston Metro

    Population and Survey Analysts3Spring 2018 City of Fulshear Demographic Update

    -50,000

    0

    50,000

    100,000

    150,000

    200,000

    POPU

    LATI

    ON C

    HAN

    GE

    YEARPopulation Change Domestic MigrationInternational Migration Natural Change

    0 -0 0 0 -0 0- 0 0 0 0 CV 0

    --0 0 ...., -0 0-0-, n...., ,a a ..0-, o..--" '"" 0- 0 0 ~ 0 0 ~ 0 9 C

    -d

  • Annual Population ChangeFort Bend County

    Population and Survey Analysts4Spring 2018 City of Fulshear Demographic Update

    0

    5,000

    10,000

    15,000

    20,000

    25,000

    30,000

    35,000

    POPU

    LATI

    ON C

    HAN

    GE

    YEARPopulation Change Domestic MigrationInternational Migration Natural Change

    C ,-() C

    C Ch -- ...0-,. C er '"v".--0 -~ 0- 0 0 0 -0 0 =0 CV

    ~..c 0 CY'

  • ACS 2016: Foreign-Born Population

    Population and Survey Analysts5Spring 2018 City of Fulshear Demographic Update

    Census Tracts

    Pct. Foreign Born

    - 0.0% - 10.0% Ll 10.1%-20.0%

  • ACS 2016: Foreign-Born, Entry After 2010

    Population and Survey Analysts6Spring 2018 City of Fulshear Demographic Update

    Census Tracts

    Foreign Born Pop.

    - 0% - 2%

    LJ 3%-4%

    ==:] 5%-6%

    - 7% - 8% - >8%

  • ACS 2016: Age 25+ with a Bachelor’s Degree

    Population and Survey Analysts7Spring 2018 City of Fulshear Demographic Update

  • Demographic Characteristics

    Population and Survey Analysts8

    34.4Median AgeHouston Metro 34.2

    63.9%

    Bachelor’s Degree or Higher

    Houston Metro32%

    Median Household Income

    $167,708Houston Metro $61,708

    26.2%

    PopulationAges 5–17

    Houston Metro 19%

    39.4Mean Travel Time to Work Houston Metro30.0 minutes

    City of Fulshear

    Spring 2018 City of Fulshear Demographic Update

    In 2015: Fulshear = 37.4; Metro = 30.2

    U.S. Census Bureau, ACS 2016

    In 2015: Fulshear = 58.7%; Metro = 30.6%

    In 2015: Fulshear = 35.2; Metro = 34.1

    In 2015: Fulshear = $175,990; Metro = $61,465

  • Population and Survey Analysts9

    Study Area

    City Limits

    ETJ

    Adjacent Areas Outside any City’s

    ETJ

    Spring 2018 City of Fulshear Demographic Update

    I-10

    CJ City Limits ~ ETJ

    D Outside ET J

  • Housing and Economic Growth

    Population and Survey Analysts15Spring 2018 City of Fulshear Demographic Update

    Master Planned Communities south of I-10 are showing signs of growth acceleration Post-Harvey flood plain regs. (Harris Co.) Reservoir Flood Migration Energy Sector rebound Katy ISD south of I-10 nearing build-out

    Westpark Tollway Expansion W. Grand Parkway – more lanes coming Industrial Development Amazon, Goya Pintail Crossing: 2.2 million sq. ft., 150 ac. Twinwood Business Park: 650 ac.

  • New Housing Growth

    Population and Survey Analysts16Spring 2018 City of Fulshear Demographic Update

    Record May 2018 sales in Cross Creek Cinco Ranch is basically built out Lamar CISD schools are pushing sales up

    Polo Ranch & Fulshear Lakes Other Major developers are looking for land Harrison Tracts/”Fulshear Farms” Kingsland Heights – 462 lots LID 21 is in the planning stage

    4,626 acres known as Foster Farms ~3,150 developable acres exists behind future levee Recent flooding events will likely delay a project here

  • Most Active Residential DevelopmentsProjected Housing Occupancies

    Population and Survey Analysts17Spring 2018 City of Fulshear Demographic Update

    SINGLEFAMILY

    MULTI-FAMILY

    Five Largest Single-Family Developments 2017-2022 2022-2027 2017-2027Tamarron 2,049 2,311 4,360 Cross Creek Ranch 2,095 1,022 3,117 Jordan Ranch 1,056 1,369 2,425 Harrison Interests Tract 140 1,420 1,560 Fulshear Farms 235 1,080 1,315 Total Projected New Single-Family Occupancies

    6,776 11,661 18,899

    Five Largest Multi-Family Developments 2017-2022 2022-2027 2017-2027Cross Creek Ranch (PU H19/H20) 175 450 625Jordan Ranch MF 25 360 385Park Lane Fulshear (Cross Creek) 280 100 380Potential MF in PU B03 25 325 350Point West 0 225 225Total Projected New Multi-Family Occupancies

    580 1,735 2,315

    Sheet1

    Five Largest Single-Family Developments2017-20222022-20272017-2027

    Tamarron2,0492,3114,360

    Cross Creek Ranch2,0951,0223,117

    Jordan Ranch1,0561,3692,425

    Harrison Interests Tract1401,4201,560

    Fulshear Farms2351,0801,315

    Total Projected New Single-Family Occupancies6,77611,66118,899

    Sheet1

    Five Largest Multi-Family Developments2017-20222022-20272017-2027

    Cross Creek Ranch (PU H19/H20)175450625

    Jordan Ranch MF25360385

    Park Lane Fulshear (Cross Creek)280100380

    Potential MF in PU B0325325350

    Point West0225225

    Total Projected New Multi-Family Occupancies5801,7352,315

  • Projected New Housing Occupancies Jan. 2018 – Oct. 2027

    Population and Survey Analysts18Spring 2018 City of Fulshear Demographic Update

    Single-Family

    Multi-Family

    Mixed Use

    Age-Restricted Total

    Jan 2018–Oct 2018 798 0 0 48 846Oct 2018–Oct 2019 1,135 20 50 68 1,273Oct 2019–Oct 2020 1,305 150 80 80 1,615Oct 2020–Oct 2021 1,659 155 125 84 2,023Oct 2021–Oct 2022 1,879 255 150 87 2,371Oct 2022–Oct 2023 2,049 315 175 80 2,619Oct 2023–Oct 2024 2,228 310 170 80 2,788Oct 2024–Oct 2025 2,385 345 205 80 3,015Oct 2025–Oct 2026 2,518 375 215 80 3,188Oct 2026–Oct 2027 2,481 390 215 80 3,166Jan 2018–Oct 2022 6,776 580 405 367 8,128Oct 2022–Oct 2027 11,661 1,735 980 400 14,776Jan 2018–Oct 2027 18,899 2,315 1,385 767 23,366

    Sheet1

    Single-FamilyMulti-FamilyMixed UseAge-RestrictedManu-factured HomesRVsTotal

    Jan 2018–Oct 2018798004800846

    Oct 2018–Oct 20191,135205068001,273

    Oct 2019–Oct 20201,3051508080001,615

    Oct 2020–Oct 20211,65915512584002,023

    Oct 2021–Oct 20221,87925515087002,371

    Oct 2022–Oct 20232,04931517580002,619

    Oct 2023–Oct 20242,22831017080002,788

    Oct 2024–Oct 20252,38534520580003,015

    Oct 2025–Oct 20262,51837521580003,188

    Oct 2026–Oct 20272,48139021580003,166

    Jan 2018–Oct 20226,776580405367008,128

    Oct 2022–Oct 202711,6611,7359804000014,776

    Jan 2018–Oct 202718,8992,3151,3857670023,366

  • Population and Survey Analysts19

    ProjectedNew HousingOccupancies

    Jan. 2018–Oct. 2019

    Spring 2018 City of Fulshear Demographic Update

    Tamarron

    Jordan Ranch

  • Population and Survey Analysts20

    ProjectedNew HousingOccupancies

    Jan. 2018–Oct. 2022

    Spring 2018 City of Fulshear Demographic Update

    Tamarron

    Jordan Ranch

    Cross Creek (LCISD)

    Vanbrooke

    Kingsland Heights

    Polo Ranch

    Fulbrook on Fulshear Creek

  • Population and Survey Analysts21

    ProjectedNew HousingOccupancies

    Oct. 2022–Oct. 2027

    Spring 2018 City of Fulshear Demographic Update

  • Population and Survey Analysts22

    Estimated Household

    Size

    2017

    Spring 2018 City of Fulshear Demographic Update

  • Typical Household Size

    Population and Survey Analysts23

    Housing Type Typical Household Size

    Multi-Family, majority 1-bedroom

    1.55–1.85

    Multi-Family, majority 2+ bedroom

    1.85–2.25

    Single-Family, Family Oriented

    3.15–3.30 initially; 3.30–3.50 at peak

    Single-Family, Age-Restricted 55+

    1.65–1.80

    Single-Family, Acreage/Rural Estate

    2.65–2.85

    Spring 2018 City of Fulshear Demographic Update

    Sheet1

    Housing TypeTypical Household Size

    Multi-Family, majority 1-bedroom1.55–1.85

    Multi-Family, majority 2+ bedroom1.85–2.25

    Single-Family, Family Oriented3.15–3.30 initially; 3.30–3.50 at peak

    Single-Family, Age-Restricted 55+1.65–1.80

    Single-Family, Acreage/Rural Estate2.65–2.85

  • Students per Occupied Homeby School District

    Population and Survey Analysts24Spring 2018 City of Fulshear Demographic Update

    Katy ISD = 0.72 overall

    Cinco Ranch/Cross Creek = 0.90 to 1.40

    Lamar CISD = 0.58 overall

    Cross Creek = 0.16 (but increasing now) Tamarron /Fulbrook on F.C.= 0.48 to 0.55 Lakes of Bella Terra = 0.50

  • Growth Scenarios

    Population and Survey Analysts25Spring 2018 City of Fulshear Demographic Update

    5,000

    15,000

    25,000

    35,000

    45,000

    55,000

    65,000

    2017 2018 2022 2027

    POPU

    LATI

    ON

    YEAR

    CITY

    10,284

    20,552

    28,708

    ETJ

    13,525

    28,658

    59,225

  • 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027Low

    Population 12,160 13,925 15,910 18,028 19,887 21,582 23,241 24,393 25,443 26,363

    % Growth 0.18 0.15 0.14 0.13 0.10 0.09 0.08 0.05 0.04 0.04

    Growth 1,876 1,765 1,985 2,118 1,859 1,695 1,659 1,152 1,050 920Moderate

    Population 12,198 13,999 16,088 18,390 20,552 22,594 24,642 26,100 27,482 28,708

    % Growth 0.19 0.15 0.15 0.14 0.12 0.10 0.09 0.06 0.05 0.04

    Growth 1,914 1,801 2,089 2,302 2,162 2,042 2,048 1,458 1,382 1,226High

    Population 12,236 14,109 16,302 18,742 21,055 23,250 25,462 27,051 28,564 29,913

    % Growth 0.19 0.15 0.16 0.15 0.12 0.10 0.10 0.06 0.06 0.05

    Growth 1,952 1,873 2,193 2,440 2,313 2,195 2,212 1,589 1,513 1,349

    Growth Scenarios – City Limits

    Population and Survey Analysts26Spring 2018 City of Fulshear Demographic Update

    Sheet1

    2018201920202021202220232024202520262027

    Low

    Population1028412,16013,92515,91018,02819,88721,58223,24124,39325,44326,363

    % Growth0.180.150.140.130.100.090.080.050.040.04

    Growth1,8761,7651,9852,1181,8591,6951,6591,1521,050920

    Moderate

    Population1028412,19813,99916,08818,39020,55222,59424,64226,10027,48228,708

    % Growth0.190.150.150.140.120.100.090.060.050.04

    Growth1,9141,8012,0892,3022,1622,0422,0481,4581,3821,226

    High

    Population1028412,23614,10916,30218,74221,05523,25025,46227,05128,56429,913

    % Growth0.190.150.160.150.120.100.100.060.060.05

    Growth1,9521,8732,1932,4402,3132,1952,2121,5891,5131,349

  • 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027Low

    Population 15,626 17,774 20,256 23,252 26,705 30,394 33,736 37,623 41,499 45,158

    % Growth 0.16 0.14 0.14 0.15 0.15 0.14 0.11 0.12 0.10 0.09

    Growth 2,101 2,148 2,482 2,996 3,453 3,689 3,342 3,887 3,876 3,659Moderate

    Population 15,669 17,906 20,664 24,231 28,658 33,782 38,923 45,401 52,322 59,225

    % Growth 0.16 0.14 0.15 0.17 0.18 0.18 0.15 0.17 0.15 0.13

    Growth 2,144 2,237 2,758 3,567 4,427 5,124 5,141 6,478 6,921 6,903High

    Population 15,712 18,038 20,934 24,715 29,452 34,960 40,512 47,573 55,151 62,744

    % Growth 0.16 0.15 0.16 0.18 0.19 0.19 0.16 0.17 0.16 0.14

    Growth 2,187 2,326 2,896 3,781 4,737 5,508 5,552 7,061 7,578 7,593

    Growth Scenarios – ETJ

    Population and Survey Analysts27Spring 2018 City of Fulshear Demographic Update

    Sheet1

    2018201920202021202220232024202520262027

    Low

    Population1352515,62617,77420,25623,25226,70530,39433,73637,62341,49945,158

    % Growth0.160.140.140.150.150.140.110.120.100.09

    Growth2,1012,1482,4822,9963,4533,6893,3423,8873,8763,659

    Moderate

    Population1352515,66917,90620,66424,23128,65833,78238,92345,40152,32259,225

    % Growth0.160.140.150.170.180.180.150.170.150.13

    Growth2,1442,2372,7583,5674,4275,1245,1416,4786,9216,903

    High

    Population1352515,71218,03820,93424,71529,45234,96040,51247,57355,15162,744

    % Growth0.160.150.160.180.190.190.160.170.160.14

    Growth2,1872,3262,8963,7814,7375,5085,5527,0617,5787,593

  • Population Projections by Community

    Population and Survey Analysts28Spring 2018 City of Fulshear Demographic Update

    Community 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

    Cross Creek Ranch 8,922 10,570 12,031 13,675 15,365 16,769 17,980 19,196 19,858 20,433 20,892

    Downtown Area (A03, B02) 312 329 443 638 898 1,191 1,516 1,841 2,183 2,538 2,892

    Fulbrook on Fulshear Creek 676 866 1,042 1,237 1,444 1,657 1,882 2,108 2,342 2,564 2,736

    Fulshear Run 40 81 131 186 285 425 568 711 760 801 832

    Churchill Farms 1,843 1,959 1,979 1,999 2,019 2,039 2,059 2,080 2,101 2,122 2,143

    Firethorne 8,496 9,211 9,543 9,966 10,381 10,744 11,014 11,290 11,443 11,605 11,774

    Foster Farms 0 0 0 3 19 50 163 276 863 1,603 2,499

    Fulbrook 657 715 743 773 806 835 861 887 921 950 982

    Fulshear Farms 0 6 8 87 372 935 1,629 2,323 3,299 4,386 5,461

    Fulshear Lakes 0 2 45 159 334 537 787 1,037 1,541 2,158 2,791

    Harrison Interests Tract 0 0 0 11 114 366 795 1,224 2,055 2,956 3,970

    Jordan Ranch 213 611 1,182 1,812 2,598 3,540 4,535 5,535 6,489 7,399 8,311

    Tamarron 1,811 2,637 3,627 4,580 5,560 6,527 7,549 8,576 9,516 10,363 10,959

    CITY LIMITS

    ETJ

    Sheet1

    Community20172018201920202021202220232024202520262027

    CITY LIMITSCross Creek Ranch8,92210,57012,03113,67515,36516,76917,98019,19619,85820,43320,892

    Downtown Area (A03, B02)3123294436388981,1911,5161,8412,1832,5382,892

    Fulbrook on Fulshear Creek6768661,0421,2371,4441,6571,8822,1082,3422,5642,736

    Fulshear Run4081131186285425568711760801832

    ETJChurchill Farms1,8431,9591,9791,9992,0192,0392,0592,0802,1012,1222,143

    Firethorne8,4969,2119,5439,96610,38110,74411,01411,29011,44311,60511,774

    Foster Farms000319501632768631,6032,499

    Fulbrook657715743773806835861887921950982

    Fulshear Farms068873729351,6292,3233,2994,3865,461

    Fulshear Lakes02451593345377871,0371,5412,1582,791

    Harrison Interests Tract000111143667951,2242,0552,9563,970

    Jordan Ranch2136111,1821,8122,5983,5404,5355,5356,4897,3998,311

    Tamarron1,8112,6373,6274,5805,5606,5277,5498,5769,51610,36310,959

  • Projected Population by Jurisdiction

    Population and Survey Analysts29Spring 2018 City of Fulshear Demographic Update

    Area Oct. 2017 Oct. 2018 Oct. 2020 Oct. 2022 Oct. 2025 Oct. 2027

    City 10,284 12,198 16,088 20,552 26,100 28,708

    ETJ 13,525 15,669 20,664 28,658 45,401 59,225

    City + ETJ 23,809 27,867 36,752 49,210 71,501 87,933

    Outside ETJ 854 944 1,200 1,685 2,922 4,302

    SINGLE MEMBER DISTRICTS

    District 1 2,074 2,697 4,574 7,579 12,557 14,968

    District 2 2,432 2,701 3,351 3,887 3,960 4,004

    District 3 2,406 3,177 4,373 5,169 5,495 5,529

    District 4 1,754 1,878 1,948 2,022 2,120 2,187

    District 5 1,618 1,745 1,842 1,895 1,968 2,020

    Sheet1

    AreaPop 2010LCISD Fall CorrectionHousing Count 2016Column1Oct. 2017Household Size 2016 (wrong)Established Neighborhood Growth 17-21Established Neighborhood Growth 22-26Oct. 20172Oct. 2018Oct. 2019Oct. 2020Oct. 2021Oct. 2022Oct. 2023Oct. 2025Oct. 20252Oct. 2027

    City2,92910,2849,43812,19813,49816,08817,72920,55220,99826,10023,76628,708

    ETJ4,11813,52513,81615,66918,13620,66424,78428,65834,81645,40147,89259,225

    City + ETJ23,80923,25427,86731,63436,75242,51349,21055,81471,50171,65887,933

    Outside ETJ3788548469441,0581,2001,7681,6853,2122,9225,0894,302

    SINGLE MEMBER DISTRICTS

    District 12,07416.690.0050.0102,0832,6973,9294,5746,5367,5799,14812,55711,76814,968

    District 22,43212.480.0200.0352,2122,7012,6113,3513,2593,8873,4863,9603,5014,004

    District 32,40613.550.0250.0351,9173,1773,5804,3734,4455,1694,7575,4954,7705,529

    District 41,7549.870.0550.0551,6631,8781,7241,9481,7892,0221,8562,1201,9242,187

    District 51,6189.920.0500.0501,5631,7451,6541,8421,7001,8951,7511,9681,8032,020

  • Population and Survey Analysts30

    EstimatedPopulation by Planning

    UnitOct. 2017

    Spring 2018 City of Fulshear Demographic Update

  • Population and Survey Analysts31

    ProjectedPopulation by Planning

    UnitOct. 2022

    Spring 2018 City of Fulshear Demographic Update

  • Population and Survey Analysts32

    ProjectedPopulation by Single Member

    District

    Oct. 2020

    Spring 2018 City of Fulshear Demographic Update

  • City of FulshearDemographic Update

    Spring 2018

    City of FulshearSlide Number 2Slide Number 3Slide Number 4Slide Number 5Slide Number 6Slide Number 7Demographic CharacteristicsStudy AreaHousing and Economic GrowthNew Housing GrowthMost Active Residential Developments�Projected Housing OccupanciesProjected New Housing Occupancies �Jan. 2018 – Oct. 2027Projected�New Housing�OccupanciesProjected�New Housing�OccupanciesProjected�New Housing�OccupanciesEstimated Household SizeTypical Household SizeStudents per Occupied Home� by School DistrictGrowth ScenariosGrowth Scenarios – City LimitsGrowth Scenarios – ETJPopulation Projections by CommunityProjected Population by JurisdictionEstimated�Population by Planning UnitProjected�Population by Planning UnitProjected�Population by Single Member DistrictCity of Fulshear